#xrp
XRP Price Prediction: Bulls vs. Bears Ahead Of FOMC Week
XRP is trading near $1.35, down 1.9% today though still up 4.7% over the past week. The token is testing a level that mattered heading into the weekend, last week’s key support zone around $1.355, and slipping below it now, though not decisively enough yet to call the setup broken
According to a crypto analyst tracking $XRP’s structure, the token has held below its short and medium-term average price levels since Friday, a shift that technically points toward $1.25 as the next logical target if weakness continues. Taken purely on structure, that’s a mildly bearish signal
But the analyst was careful not to overstate it. Wider support still sits between 1.29 and 1.32, and selling pressure behind the pullback doesn’t look particularly aggressive
XRP’s strength relative to Bitcoin has pulled back over the past week too, but remains range-bound rather than trending downward, a pattern mirrored in $XRP ’s own price action
Why This Week’s Fed Meeting Complicates the Picture
The Fed’s policy meeting lands Wednesday, and markets are now pricing an 87% probability of a rate hike, up sharply from just 59% a week earlier. Historically, entering this kind of week with some bearish pressure already priced in tends to produce a less negative reaction than entering it euphoric and bullish, since overly bullish setups heading into major Fed meetings have historically seen worse outcomes both immediately after the announcement and in the days that follow
Order flow data adds a mixed layer too. Funding rates have dropped sharply as new short positions pile in, though they haven’t turned negative yet. The analyst said xrp appears to be trending toward negative funding while price sits at $1.34, a combination that historically can set up a bounce rather than confirm further downside
Bullish Counterpoint
Not everyone reads the setup as bearish. Analyst Ali Charts is watching for a very different outcome, arguing that as long as xrp holds the $1.31 to $1.35 support zone, #Write2Earn $XRP
XRP Price Prediction: Bulls vs. Bears Ahead Of FOMC Week
XRP is trading near $1.35, down 1.9% today though still up 4.7% over the past week. The token is testing a level that mattered heading into the weekend, last week’s key support zone around $1.355, and slipping below it now, though not decisively enough yet to call the setup broken
According to a crypto analyst tracking $XRP’s structure, the token has held below its short and medium-term average price levels since Friday, a shift that technically points toward $1.25 as the next logical target if weakness continues. Taken purely on structure, that’s a mildly bearish signal
But the analyst was careful not to overstate it. Wider support still sits between 1.29 and 1.32, and selling pressure behind the pullback doesn’t look particularly aggressive
XRP’s strength relative to Bitcoin has pulled back over the past week too, but remains range-bound rather than trending downward, a pattern mirrored in $XRP ’s own price action
Why This Week’s Fed Meeting Complicates the Picture
The Fed’s policy meeting lands Wednesday, and markets are now pricing an 87% probability of a rate hike, up sharply from just 59% a week earlier. Historically, entering this kind of week with some bearish pressure already priced in tends to produce a less negative reaction than entering it euphoric and bullish, since overly bullish setups heading into major Fed meetings have historically seen worse outcomes both immediately after the announcement and in the days that follow
Order flow data adds a mixed layer too. Funding rates have dropped sharply as new short positions pile in, though they haven’t turned negative yet. The analyst said xrp appears to be trending toward negative funding while price sits at $1.34, a combination that historically can set up a bounce rather than confirm further downside
Bullish Counterpoint
Not everyone reads the setup as bearish. Analyst Ali Charts is watching for a very different outcome, arguing that as long as xrp holds the $1.31 to $1.35 support zone, #Write2Earn $XRP
