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    Ripple Price Analysis of March 4, 2025: Can Bulls Defend $2.2978, or Will Bears Take Over?

    Let’s Dive into the Ripple Price Analysis of March 4 to understand XRP's market trends and investment potential in 2025.

    Updated Mar 04, 2025
    Wilfred Michael

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    Wilfred Michael

    Ripple Price Analysis of March 4, 2025: Can Bulls Defend $2.2978, or Will Bears Take Over?

    Monday’s recovery attempt failed to sustain momentum, as Ripple price analysis shows renewed bearish pressure. XRP price today faces strong resistance, struggling to hold key support levels. Despite brief bullish efforts, sellers continue to dominate, pushing the price lower. Liquidity shifts and technical signals indicate further volatility ahead. If the price fails to reclaim lost ground, it may test the next support zone. Traders are closely monitoring key levels for potential reversals or further declines. Let’s dive into the past 24 hours of market action and explore the Ripple price prediction for its next potential move.

    XRP Faces Renewed Selling Pressure, Finds Support at $2.2978

    The trading day started with the XRP price finding resistance at $2.9682 at midnight. At the same time, a death cross appeared on the MACD line, initiating a downward trend. As selling pressure intensified, the price dropped further, with an oversold RSI signal at 7:00 UTC, pushing the price lower. Another oversold RSI signal at 9:20 UTC led the price to find support at $2.5261. Shortly after, at 9:30 UTC, a golden cross on the MACD line suggested a shift to an upward trend, leading to price fluctuations in an upward channel.

    Chart 1, Analyzed by ShwetaCW, published on TradingView, March 4, 2025

    However, at 14:15 UTC, another death cross on the MACD line triggered a renewed downward movement. As the market weakened, an oversold RSI at 14:55 UTC led to a slight dip toward the support level. The bearish sentiment intensified at 18:00 UTC when another death cross on the MACD line pushed the XRP price below its support level, initiating a breakout. This breakout was confirmed by oversold conditions from 18:25 UTC to 19:20 UTC. The price continued in a downward trajectory and ultimately found a new support level at $2.2978, where it stabilized within a trading range.

    XRP Faces Volatility with Fakeout and Downward Pressure

    The trading day of March 4th continued with high volatility as the XRP price today remained uncertain. At 7:20 UTC, another oversold on the RSI indicator pushed the price down, testing the $2.2978 support level once again. The price attempted a minor recovery but struggled to gain momentum, fluctuating within a tight range. At 9:45 UTC, a golden cross on the MACD suggested a potential upward move, but resistance at $2.3251 limited the gains. The price remained stuck between these key levels, with bears maintaining control. By 12:30 UTC, a death cross reappeared, signaling renewed selling pressure.

    What Lies Ahead According to Ripple Price Analysis?

    Over the last 24 hours, the XRP price has recovered, followed by a downward trend, a breakdown, and a fakeout. If the price continues to fall, it could break below its current support at $2.2978, resulting in more losses. Alternatively, a bullish move could take the price over the $2.5261 resistance level, reclaiming the previous support level and possibly re-entering the $2.9682 trading range. Traders are closely monitoring these crucial points to identify the next direction of XRP price movement.