icon
icon
icon
icon
Upgrade
Upgrade

News /

Articles /

XRP's Wild Ride: Volatility Drives Price Fluctuations

Coin WorldMonday, Mar 3, 2025 12:46 pm ET
1min read

As of March 3, 2025, the crypto market remains volatile, with Ripple's XRP experiencing ongoing price fluctuations. Traders are closely monitoring key levels to anticipate XRP's next move, while broader market trends, liquidity changes, and investor sentiment continue to shape Ripple price analysis.

On March 3, XRP price today reacted to market shifts, with attempts at recovery but uncertainty persisting, keeping investors cautious. The trading day began with finding support at $2.1735, followed by a golden cross on the MACD line at 00:30 UTC, signaling an upward movement. Overbought conditions at 2:05 UTC and 5:35 UTC strengthened the upward push, leading the price to test the $2.2987 resistance level. However, a death cross appeared at 7:20 UTC, shifting the trend downward.

The price followed a steady decline until 15:50 UTC when another golden cross indicated a potential breakout. This was confirmed by overbought conditions at 15:35 UTC and 16:35 UTC, fueling a strong rally. The price surged sharply, reaching a new resistance level at $2.9991, marking the day's peak. However, at 17:00 UTC, a death cross reversed the trend, pulling the price downward. The price found support at $2.7452, stabilizing before another attempt to climb.

The trading day on March 4 began with a death cross at midnight, triggering a downward trend. Oversold conditions at 2:25 UTC pushed the price lower before a golden cross at 2:35 UTC signaled a slight recovery. However, at 6:05 UTC, another death cross caused a breakdown from the support level. This decline was confirmed by oversold conditions at 7:00 UTC. Further oversold signals at 8:50 UTC and 9:20 UTC suggested the price found temporary support at $2.5261. A golden cross at 9:25 UTC then pushed XRP upward, hinting at a possible recovery.

Over the past 24 hours, XRP price today has moved through a downward channel, followed by a breakout and a period of consolidation before another breakdown. Now, Ripple price prediction

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.