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The XRP price dropped over 3% in the last 24 hours to trade at $2.37 as of 3:34 a.m. EST as investors decrease their exposure to the altcoin.
While the Ripple token price drops, Ripple Labs executives Brad Garlinghouse and David Schwartz don’t seem to be too fazed. Recently, the two executives took part in the viral Ghibli trend that was followed by the launch of a ChatGPT image generation feature.
In the post made by Schwartz is a picture of him and Ripple Labs CEO Garlinghouse with the popular animation filter.
Am I doing this right? pic.twitter.com/OltPmOc6Jt
— David "JoelKatz" Schwartz (@JoelKatz) March 26, 2025
XRP Price Clinging To A Recently-Lost Support
4-hour chart for XRP/USD (Source: GeckoTerminal)
The XRP price dipped below a support level at $2.3722 in the last couple of hours, data from GeckoTerminal shows. However, bulls have since stepped in and are trying to push the altcoin to back above this mark.
Should buyers succeed and XRP close a 4-hour candle above the $2.3722 mark within the next 12 hours, the crypto could have the foundation needed to enter a short term rally. Traders might push the altcoin’s price to above the next major resistance at $2.5288 in this bullish scenario. Extreme pressure from buyers could even lead to a climb to as high as $2.6855.
However, failure to reclaim the $2.3722 support within the next 12 hours might invalidate the bullish thesis. In a more bearish case, bears could start to force the XRP price down to the nearest technical safety net at $2.2229.
Bulls Trying To Take Back Control Of The XRP Price
From a technical point of view, indicators on the 4-hour chart suggest the XRP price might climb over the course of the next few hours. Momentum and strength indicators such as the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) are showing early bullish signs.
In the last few hours, the MACD line has started to rise towards the MACD Signal line. This could indicate that XRP’s current bearish trend is nearing its end. Should the MACD line cross above the MACD Signal line, it could confirm that the crypto has entered a new bullish cycle. XRP’s price might subsequently rise if traders react to the technical flag.
Buyers seem to be slowly gaining strength against sellers as well, which is suggested by the rise in RSI values in the last few hours. However, the current reading below the neutral 50 mark could be seen as an indication that sellers still have the upper hand.
What’s more, the negative slope of the RSI line on the 4-hour chart warns bulls will have their work cut out for them. Nevertheless, the weakening bearish momentum shown by the MACD could lead to an opportunity for buyers in the next few hours.
While XRP tries to reclaim a vital support, investors are rushing to buy a new meme coin called Meme Index (MEMEX) before its presale ends in just 4 days.
This follows several bullish predictions by crypto experts. Among them is 99Bitcoins, a prominent crypto YouTube channel with over 725K subscribers, which predicts MEMEX has the potential to be the next 100X crypto.
Meme Index Introduces A Simpler, Safer Way To Buy Into Meme Coins
The meme coin market has been flooded with new tokens in recent weeks as developers try to capitalize on the investor hype around these lighthearted tokens. With so many cryptos to pick from, finding the next meme coin gem has become near impossible. What’s more, scammers have also resurfaced, with the number of meme coin rug-pulls on the rise.
Meme Index, with its curated baskets of tokens, aims to make meme coin investing simple and safe again. The project introduces the first decentralized meme coin index platform with 4 options: the Meme Titan Index, the Meme Moonshot Index, the Meme Midcap Index, and the Meme Frenzy Index.
Each basket features multiple meme coins, which are grouped according to their degree of investment risk. The relatively safer option is the Meme Titan index that focuses on large-cap meme coins, while the highest-risk Meme Frenzy index features emerging tokens that are highly volatile but could lead to massive gains.
Meme Index: One Last Chance To Buy Before Launch
Investors are betting big on MEMEX’s future, and have poured more than $4.28 million into the project’s ICO. With the presale set to end in around 4 days, time is running out for investors to get in on this ground level.
Those interested in participating in the presale before it’s too late can buy MEMEX for $0.0166883 apiece via the widget embedded on the project’s website using either ETH, USDT, BNB or a bank card.
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