As U.S- China tariff tensions persist, market watchers are anxiously anticipating Monday as U.S. President Donald Trump is in no mood to blink first, despite announcing a 90 day tariff breather to major countries. In such a tensed scenario, XRP has maintained a steady hold at $2 price to enter a highly turbulent week in next 24 hours.
XRP price has seen a modest yet steady growth of 2.3% in the past 24 hours. Past week data analysis on CoinGecko shows a high of $2.23 (April 13) and a low of $1.65 (April 7). The overall cryptocurrency sector including XRP saw a major relief after U.S. President Donald Trump announcing a 90 day pause on his revised tariff rates. However, his ongoing faceoff with China could spell further turbulence for the global stock and crypto markets when markets open on Monday.
On the technical charts, XRP is trading between the 50-day ($2.24095) and 200-day ($1.953) EMA mark, suggesting the trend is neither in the bulls’ grip nor in the bears. Additionally, the Relative Strength Index (RSI) is positioned in a neutral zone at 50.42, further indicating a lack of clear direction.
At the time of writing, XRP is trading at $2.158 with an intraday increase of 0.87%. Now, the next move will depend on whether bulls successfully break the 50-day EMA mark or not.
If buyers manage to push the price above the $2.24095 mark, investors may witness a bullish rally towards the $3.044 mark. However, if they fail, the price may see a further decline towards $2.03 support.
Also Read: Will XRP Hit $3 This Week as Trump Pauses Tariffs?
