Ripple under pressure: Threats further price decline for XRP on April 2, 2025?
<p> <strong> Ripple under pressure: Threats further price decline for XRP on April 2, 2025? </strong> </p>
Ripple forecast for Wednesday, April 2nd, 2025: The XRP course in the correction phase
The XRP course from Ripple is still in a parallel downward channel. Ripple has been experiencing a correction movement for three months, and the question remains: How deep could the price still fall?
monthly outlook: Bearish MacD signs
In the monkey type, the histogram of the MacD has been showing bearish tendencies for three months. While the MACD lines are still crossed bullish, the RSI moves in the neutral area. Should Ripple continue the correction, the price could encounter significant support in the area of Golden Ratio at around USD 1.45. As long as the course remains above this level, the upward movement remains bullish in the medium term.
additional support on the Golden Ratio
The Golden Ratio at around USD 1.45 offers the XRP course additional support. In addition, around 1.588 USD is the 50-week Memony, which also acts as support. However, the indicators point to bear signals at short notice. The histogram of the MacD has a downward trend, while the MACD lines are crossed. The RSI remains in the neutral area, which supports the Bärische trend. If Ripple breaks the support at 1.45 USD, the course for the 200-week MA could correct it at around USD 0.875.
daily type: Golden crossover remains
In the daily type, there is also a gold crossover, which confirms the trend to short to medium term as bullish. The histogram of the MACD has been listening to bullish progress since yesterday, while the MacD lines have continued to be crossed. The RSI occupies a neutral position and does not give any clear signals. If Ripple stops the correction, he could encounter significant support at the 200-dayema at around USD 1.945. Above the course is around $ 2.36 of the 50-dayemaa, where strong resistance is expected.
4h chart: Death Cross signals short-term Baisse
In the 4-hour chart, a death cross shows, which confirms the short-term trend. While the MACD lines are oversubscribed bullish, the histogram of the MacD is increasingly bearing. The RSI behaves neutral and does not provide any specific signals.
ripple against Bitcoin: potential for golden crossover
Against Bitcoin, the XRP course at the resistance of the Golden Ratio at around 0.000029 BTC was rejected. The course currently moves towards the 0.382 Fibonacci support at around 0.00002366 BTC, where a bullish reaction is possible. Otherwise, a significant fibonacci support is waiting at around 0.00001715 BTC. In addition, the EMAs are about to have a possible golden crossover in the weekly chart, which would indicate a bullish trend in the medium term. The MacD lines are over-crossed and the histogram ticks a bearically deeper one, while the RSI remains neutral.
Despite the correction phase, Ripple continues to show Bullische Tendenzen against Bitcoin. The next Fibonacci support could enable a strong bullish rebound to continue the upward trend.