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Ripple's XRP Struggles to Break Resistance Amidst Market Uncertainty

Coin WorldWednesday, Mar 5, 2025 9:45 am ET
1min read

Ripple's price action on March 5, 2025, remained under pressure as the cryptocurrency struggled to recover from recent losses. Despite brief bullish attempts, XRP's price continued to face resistance, limiting its upward movement. Market sentiment leaned bearish, with sellers maintaining control and restricting any significant breakout. Technical indicators suggested that traders were closely watching the next support level, as liquidity shifts could influence the price direction. While short-term recoveries had occurred, the broader trend remained uncertain.

Throughout the trading day, XRP moved within an upward channel, experiencing price fluctuations due to various technical signals. At 00:25 UTC, a death cross indicated a potential downward move, while oversold conditions at 1:40 UTC and 2:05 UTC pushed the price toward support at $2.2125. However, a golden cross on the MACD at 2:30 UTC reignited bullish momentum, sending the price upward. Later, at 11:30 UTC, another death cross indicated a bearish shift, and the price declined again, hitting oversold conditions at 13:25 UTC and 14:00 UTC. A golden cross at 14:10 UTC, coupled with an overbought RSI, triggered an upward push, bringing resistance at $2.5263 into play. Despite multiple attempts, XRP struggled to break above this resistance level, facing resistance and maintaining a bullish structure but failing to secure a breakout.

On March 5th, XRP hit a 24-hour high of $2.5412 but failed to break out, as an overbought signal at 2:50 UTC caused the price to test resistance but fail to break through. A death cross on the MACD at 2:20 UTC triggered a downward trend, with RSI oversold conditions at 3:55 UTC reinforcing the decline. The trend shifted again at 6:20 UTC when a golden cross appeared, pushing the price upward. In the past 24 hours, Ripple price analysis showed XRP experienced a breakdown, followed by an upward channel and an attempted breakout. If bullish momentum persists, XRP price today could break above the key resistance level of $2.5263, potentially leading to further gains. However, if selling pressure increases, X

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Lucas
03/05

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DanielBeuthner
03/05
@Lucas Ok bro
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LogicX64
03/05
$ANF The company is planning to open many new stores (100 experiences, 60 new stores), which could lead to long-term growth, especially with high profits in new locations. Focusing on omni-channel growth is also a positive sign.
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josh252
03/05
@LogicX64 ANF's expansion plans look solid, but how will they manage the added costs?
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CrisCathPod
03/05
Golden cross on MACD is like a lifeline for XRP bulls, but will they hold? 🤔
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Antinetdotcom
03/05
Stuck at $2.5263 resistance feels like XRP is playing a never-ending game of crypto hopscotch. 😅
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CertifiedWwDuby
03/05
@Antinetdotcom XRP just keep HODLing at that resistance—like waiting for the next bull market bus that never arrives. 🚀🚫
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BeefMasters1
03/05
XRP's rollercoaster got me dizzy. Swing trades are tricky today, better watch those support levels closely.
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TeslaCoin1000000
03/05
Death cross on MACD? Time to hedge bets, maybe XRP needs more time to digest recent moves.
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Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
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