HomeNewsXRP Drops Toward Multi-Week Lows With Extreme Fear Dominating Traders

XRP Drops Toward Multi-Week Lows With Extreme Fear Dominating Traders

- Advertisement -

XRP continues to struggle across the board as the broader crypto market remains under pressure. With sentiment readings stuck in extreme fear, key moving averages trending downward, and price momentum weakening on multiple timeframes, buyers appear hesitant to step in despite a slight stabilization around the mid-$1.90s.

Market Metrics Reflect Heavy Stress and Weak Momentum

  • XRP is currently priced at $1.92–$1.93, with a total market capitalization of $115.99B, ranking it the #4 crypto by market size.
  • The 24-hour volume sits at $10.07B, producing a 0.0868 volume-to-market-cap ratio, indicating moderate trading activity relative to overall valuation.

XRP remains down 51% from its all-time high, trading in the lower portion of its multi-year range.

CoinCodex Signals Extreme Fear and Limited Near-Term Upside

CoinCodex’s short-term model projects XRP edging slightly lower to $1.90 (-0.74%), reflecting continuous market hesitation rather than a dramatic move.

Risk indicators remain concerning:

  • Sentiment: Bearish
  • Fear & Greed Index: 11 (Extreme Fear)
  • Volatility: 7.32% (High)
  • Green Days: 12/30 (40%)

Both major moving averages sit above spot:

  • 50-Day SMA: $2.48
  • 200-Day SMA: $2.65

These levels reinforce a broader downtrend, signaling structural weakness until XRP breaks above key resistances.

The 14-Day RSI reads 32.50, nearing oversold territory but still officially neutral.

TradingView Chart Shows Clear Downtrend With Lower Highs and Heavy Selling

The 4H TradingView chart reveals a steady downward trajectory throughout November. XRP set repeated lower highs and lower lows, confirming persistent selling pressure.

Key chart observations:

  • Early-month price action attempted multiple rebound waves but failed to break above the $2.30–$2.40 zone.
  • After November 13, the downtrend steepened, with sharp declines through $2.20, $2.10, and eventually below $2.00.
  • Several short-lived relief pumps appeared around November 19–20 but were quickly sold off.
  • Volume remains elevated, especially on red candles, showing that sellers continue to dominate momentum flows.

Currently, XRP sits near $1.92, attempting to form a small base after the breakdown from $2.00. However, the chart shows no confirmed trend reversal yet, with the broader structure still pointing lower.

Outlook

XRP sits in a fragile position: below major moving averages, surrounded by extreme fear readings, and stuck in a short-term downtrend. A stronger recovery would require XRP to reclaim the $2.10–$2.20 region to signal a structural shift in momentum.

Disclaimer: ETHNews does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. ETHNews is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
Alex Stephanov
Alex Stephanov
Alex is a seasoned writer with a strong focus on finance and digital innovation. For nearly a decade, he has explored the intersections of cryptocurrency, blockchain technology, and fintech, offering readers a sharp perspective on how these fields continue to evolve. His work blends clarity with depth, translating complex market movements and emerging trends into engaging, easy-to-understand insights. Through his analyses, audiences gain a deeper understanding of the forces shaping the future of digital finance and global markets.
RELATED ARTICLES

LATEST ARTICLES