Ripple Price Forecast: Negative Coinbase Premium Index keeps XRP rangebound

• $1.25 remains XRP’s sideways trading level. Investor interest has weakened.
• At approximately -0.16%, XRP’s Coinbase Premium Index has slipped below zero, pointing to softer demand.
• Structural resistance restricts XRP’s upside, leaving limited scope for a technical recovery.

$1.25 is Ripple (XRP)’s trading level on Monday. Bulls and bears are contesting the direction of the next trend once consolidation ends. Following the $6.3 billion Binance security breach, the remittance token fell sharply with other cryptocurrencies last week. The $1.20 region broadly offers psychological support, where buyers are likely to return. Expectations should nevertheless remain measured, given the structural obstacles visible across short- and medium-term timeframes.

Negative Coinbase Premium Index signals softer XRP demand

CryptoQuant’s on-chain data puts the XRP Coinbase Premium Index in negative territory, roughly 0.16% below zero. The reading means XRP’s average price on Coinbase is now lower than the equivalent price on Binance, pointing to softer demand for the token.

Sustained readings below zero have sometimes coincided with weaker Coinbase buying demand in the past. A move back above zero, by contrast, may indicate a relative recovery in demand.

The decline alone, however, does not provide conclusive evidence of continued downward pressure. Assessing the index requires monitoring XRP’s price action, trading volumes and exchange flows alongside it.

A marked deterioration in market sentiment accompanies the weakening XRP demand. On Monday, the Fear & Greed Index stands at 37, within Fear territory and only marginally above the previous day’s 34. That compares unfavourably with a neutral reading of 50 last week and the previous month’s Greed reading of 67.

$1.25 XRP: Technical outlook points to further downside risk

Near $1.25 on the daily chart, XRP/USDT continues to decline below all major Exponential Moving Averages (EMAs), maintaining a bearish near-term bias. Overhead supply is concentrated across the 100-day EMA at $1.33, the 50-day EMA at $1.34 and the 200-day EMA at $1.37. The SuperTrend line near $1.40 adds to that substantial resistance zone.

With the Relative Strength Index (RSI) near 36 and the Moving Average Convergence Divergence (MACD) indicator in negative territory below zero, momentum remains weak. These readings suggest sellers retain control, even though conditions are not outright oversold.

Around $1.30, the broken descending trendline presents the first resistance hurdle. A meaningful rebound would require the pair to regain that level. Next comes the 100-day EMA at $1.33, then the 50-day EMA at $1.34. Further up, the 200-day EMA at $1.37 and SuperTrend resistance at $1.40 together impose a broader ceiling on gains.

The current daily-chart dataset identifies no clear support close to the price. A sustained move back above trendline resistance at $1.30 would therefore offer the first indication of easing selling pressure. Until that happens, the cluster of moving averages and SuperTrend resistance overhead is likely to limit rebounds.

(The technical analysis of this story was written with the help of an AI tool. Know more.)