XRP Struggles to Gain Momentum Amid Broader Market Recovery

XRP continues to lag behind the broader crypto market, raising concerns among investors. Despite repeated attempts to rally, the token has failed to break above the 26-day Exponential Moving Average (EMA), which remains a firm resistance point. Each rejection from this level reinforces XRP’s bearish outlook.

The current price structure shows a clear downtrend, marked by descending resistance lines and lower highs. Unlike Bitcoin and other major cryptocurrencies that have shown signs of recovery, XRP remains stuck in a declining channel, unable to sustain upward momentum. The lack of bullish follow-through above key short-term EMAs like the 26 and 50 further underscores weak market sentiment.

The Relative Strength Index (RSI) hovers in the neutral 40–50 zone, suggesting a lack of directional strength. Low trading volume highlights trader apathy, weakening the case for an imminent breakout. Unlike past recoveries that saw volume surges accompanying price spikes, XRP’s current consolidation appears to signal fatigue rather than a bullish setup.

Broader market dynamics add to the unease. After a strong Q1, momentum across the crypto sector seems to be fading. While Bitcoin maintains dominance, altcoins like XRP are underperforming. The token’s inability to bounce during Bitcoin’s rallies highlights weakening investor confidence.

For bullish sentiment to return, XRP must decisively break above the 26 EMA with increased volume and strong daily closes. Otherwise, continued suppression below key resistance levels—particularly the 200 EMA—may open the door to further declines, especially if market conditions remain sluggish. Investors are likely to remain cautious until XRP shows clear signs of reversal.