Ripple Price Analysis of March 10, 2025: XRP Eyes to Break $2.2 Resistance Level
Let’s Dive into the Ripple Price Analysis of March 10 to understand XRP's market trends and investment potential in 2025.
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Are you tracking the XRP price today and wondering where it’s headed next? Ripple price analysis shows a mix of bearish pressure and potential recovery, leaving traders on edge. As the market reacts to regulatory uncertainty, speculation around the SEC’s next move could be a game-changer for XRP. Meanwhile, discussions on pro-crypto policies add to market volatility. Over the past 24 hours, XRP has moved through a downward channel and an upward trend, but will it break resistance or test support again? Let’s dive into the latest Ripple price prediction and key levels shaping XRP’s next move.
Ripple Faces Strong Sell-Off, Testing Support at $2.0832
The trading day of March 9th opened with a golden cross on the MACD line, signaling an initial upward move. The price climbed but found resistance at $2.3512 before reversing. A death cross at 1:30 UTC initiated a downward trend, leading to a moderate fluctuation within a trading range. As selling pressure increased, another death cross at 8:05 UTC triggered a sharper downward movement. By 10:00 UTC, the RSI indicated an oversold situation, further pushing the price downward.
Chart 1, Analyzed by ShwetaCW, published on TradingView, March 10, 2025
Based on Ripple price analysis on Chart 1, this downward momentum continued, with multiple oversold signals at 12:10 UTC, 13:55 UTC, and 16:00 UTC, leading the price to find support at $2.0832 around 18:15 UTC. At 18:25 UTC, a golden cross on the MACD line suggested a potential reversal. The price responded by moving upward, but this recovery was short-lived as another death cross at 21:05 UTC signaled renewed downward pressure. Overall, XRP saw a mix of short-term rebounds and extended sell-offs, maintaining a defined range between $2.3512 resistance and $2.0832 support.
Ripple Attempts Recovery After Sharp Drop: Will the Uptrend Hold?
The trading day of March 10th began with a slight downward movement, continuing the impact of the previous day’s death cross. A sharp drop occurred due to an oversold RSI situation at 00:35 UTC. However, a golden cross at 00:40 UTC quickly triggered an upward trend, pushing the price higher. The price fluctuated moderately in an upward direction, showing signs of recovery. Another golden cross later reinforced the bullish momentum, indicating that the upward trend could continue. If buying pressure remains strong, the price may attempt to break through key resistance levels in the coming sessions.
Ripple Market Prediction
Ripple price analysis indicates that XRP has experienced both a continuous downward channel and a recent upward trend over the past 24 hours. The market saw a sharp decline, followed by a recovery attempt, with key levels now in focus. If the price maintains its upward momentum, it could break past the $2.3512 resistance, signaling a stronger bullish move. However, if bearish pressure returns, XRP price today may test the critical support level of $2.0832. Traders should closely watch market signals for further confirmation, as Ripple price prediction remains dependent on upcoming trend confirmations and market sentiment.
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