The token shows no clear trend, confined to a narrow range after sustained downward pressure over the past 7 days. The Relative Strength Index reflects indecision, staying within a mid-range zone without breaching overbought or oversold levels. Contrasting pressures persist, with the MACD histogram showing weak and inconsistent bullish attempts overpowered by stronger bearish forces. XRP continues to trade under pressure, following a 7-day loss of 8.4%. The token price is $3.17 as of July 29, 2025. It remains confined between a near-term support at $3.10 and resistance at $3.26. The current structure is a narrow trading range, with no direction for the breakout yet established. #XRP PUMPING BACK UP !!! pic.twitter.com/afrlG4ck4R — STEPH IS CRYPTO (@Steph_iscrypto) July 29, 2025 In the meantime, the XRP/BTC pair is selling at 0.00002670 BTC, which is a 2.6% decline since the last time. The hourly indicators in the markets are in mixed momentum, a clear indication of lacking strong trend bias. RSI and MACD values add further technical insight to the prevailing price action. Technical Indicators Show Mixed Reaction The Relative Strength Index (RSI 14) is showing ranges in the neutral field of 39.70 and 48.88. These values reflect a short-term lack of momentum over power in the hands of buyers or sellers. Within the last few days, the readings of the RSI have fluctuated on the band within this mid-range. This continued movement in the middle zone reflects consolidation, not direction. The lack of directional momentum supports the current sideways behavior visible on the price chart. Source: TradingView The Moving Average Convergence Divergence (MACD 12 26) reveals imbalanced momentum. The positive MACD histogram reads +396.9 million, while the negative component stands at -712.8 million. The net MACD value remains negative at -1.11 billion, reflecting lingering bearish pressure despite periodic upticks. Volume and Market Behavior Reinforce Current Price Containment Throughout the observed timeframe, neither buying nor selling volume has produced sustained directional movement. RSI remains trapped within a horizontal channel, and MACD continues to reflect short bursts of volatility. This background holds up the continual restraining within the 24-hour scope. The current range remains intact until the XRP price manages to gain strength over 3.26 or drop below 3.10. Technical indicators have lined up with this standstill, providing no short-term change of direction outlook.
IBIT Emerges as Fastest ETF to Reach $10 Billion, Drives New Investor Growth for BlackRock
1 hour ago
Zeni Joins Forces with KREDO AI to Power AI Authenticity in Decentralized Applications
1 hour ago
Bitcoin drops to $115K amid third major wave of profit-taking, new tariff tensions
1 hour ago
Pakistan And El Salvador: An Example Of State-Level Bitcoin Adoption
2 hour ago
Monthly Price Surge Leaders: Top 5 Tokens Soar Up to 2.1x in July Rally
2 hour ago
Coinbase Q2 revenue hits $1.5B but falls 26% from Q1 and misses expectations
2 hour ago