XRP/USDT traded at 1.4626, reflecting a 2.51 % decline over the past 24 hours and a break of the previous support level at 1.4898. The drop corresponds to 0.5 × the 14‑day average true range (ATR), well below the 2.0 ATR threshold set for a notable move.
Technically, the 14‑period RSI sits at 55.4 and the 14‑period ADX reads 44.2, indicating a strong directional trend. The 50‑day and 200‑day EMAs are at 1.3987 and 1.3479 respectively, both under the current price, consistent with the asset’s BULL regime classification.
Market context shows a fear‑and‑greed index of 71, labeled “Greed”, and Bitcoin dominance at 58.8 %. These conditions point to sustained risk appetite, yet the bearish pressure on XRP was enough to pierce the recent support zone.