Ripple Stays Above Major Averages as XRP Derivatives Turn Cautious

In XRP news Today, Ripple is trading near $1.35 on Thursday after falling more than -3% overnight. The pullback has brought the token toward its 200-day Exponential Moving Average (EMA) near $1.344, a level FXStreet has identified as initial support in its technical outlook.

The immediate question is whether XRP can hold above the $1.35-$1.30 area or whether the correction extends lower. XRP and Stellar’s XLM were both under pressure on Thursday, having lost more than -2% and -3%, respectively, so far this week.

Both assets are approaching support zones that could help determine their next directional move. For XRP, the technical picture remains constructive as the major moving averages hold, but momentum has moderated, and derivatives signals are mixed.

XRP News: A Cooling Rally, Not Yet a Reversal XRP’s position near $1.392 places it close to the 200-day EMA around $1.354. FXStreet identifies the average as the first support level beneath the current price.