XRP Drops Below $2, Bitcoin Battles $80K – Is a Crypto Crash Looming?
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The crypto market is experiencing high volatility. As the XRP price drops below the $2 mark and the BTC price struggles to hold above $80,000. This decline raises concerns about a potential extended bearish phase. XRP price prediction suggests that if selling pressure continues, it may fall further, while Bitcoin’s inability to maintain key support could lead to additional losses. Investors are closely monitoring these assets as both cryptos remain at critical levels. With uncertainty dominating the market, traders are waiting for confirmation of either a recovery or a deeper correction in Ripple and Bitcoin prices.
Ripple Price Performance and EMA Analysis
Ripple has struggled to maintain its momentum with prices dropping below key support levels. As of March 31, 06:20 UTC the XRP price stands at $2.0900, significantly below its short-term EMAs. The EMA 20 at $2.3014 and EMA 50 at $2.3817 indicate a bearish trend, as the price is trading well beneath them.
Chart 1, analyzed by ShwetaCW, published on TradingView, March 31, 2025
Additionally, the EMA 100 at $2.3054 further confirms the downward pressure. However, the EMA 200 at $1.9422 suggests a long-term support zone. If the price fails to reclaim the EMA 20 further downside movement could occur, reinforcing the bearish sentiment. A recovery above EMA 20 and EMA 50 is necessary to signal potential upward momentum in XRP price prediction.
Ripple Price Prediction for March 31
On the trading day of March 30, the XRP price experienced significant volatility, marked by multiple trend reversals. The day began with a golden cross at 00:55 UTC, leading to an initial upward trend. However, the price hit resistance at $2.2143 around 3:25 UTC due to an overbought situation. A death cross at 3:35 UTC triggered a downward channel, pushing the price lower throughout the day. The price faced oversold conditions at 10:40 UTC, 17:00 UTC, and 19:00 UTC, yet another death cross at 19:25 UTC reinforced the downward trend.
Chart 2, analyzed by ShwetaCW, published on TradingView, March 31, 2025
As illustrated in Chart 2, at 22:05 UTC, XRP entered another oversold phase, and the price action extended into March 31. The price eventually found support at $2.0808. A golden cross at 1:15 UTC signaled a potential rebound, but a death cross at 6:05 UTC on the MACD hinted at continued downward movement. According to XRP price prediction, if the downtrend persists, XRP could break below $2.0808, potentially falling below $2.00. Conversely, a bullish reversal could see the price breaking resistance at $2.2143, with an upside target of $2.2200 and beyond.
Bitcoin Struggles Below $82K Amid Market Uncertainty
Chart 3, analyzed by ShwetaCW, published on TradingView, March 31, 2025
BTC price is currently trading at $81,950.01 struggling to regain momentum as bearish pressure continues. The potential to drop below $80K is fueled by economic and market sentiment. Investors remain cautious as it faces strong resistance near $83,500. If selling pressure persists it could test lower support levels. While a rebound above $83,500 could shift the trend bullish.
The Road Ahead for Ripple and Bitcoin
The XRP price remains under pressure, struggling to stay above $2. If the bearish momentum continues, it may break support and fall further. However, a reversal could push it past $2.22. BTC price hovers around $81,950, facing uncertainty. A drop below $80,000 is possible if selling pressure increases. Alternatively, strong buying momentum could drive the price higher in the coming sessions.
The post XRP Drops Below $2, Bitcoin Battles $80K – Is a Crypto Crash Looming? appeared first on Coinfomania.
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