Ripple’s XRP & Hedera (HBAR) See Price Drops Near Support and Resistance

Both Ripple’s XRP and Hedera’s HBAR are trading near key support and resistance levels, with short-term price targets set for XRP around $4-$5 and for HBAR between $0.40-$0.50. Market activity remains relatively low as prices remain close to these crucial points. Technical analysis suggests a consolidation phase in the next one to three weeks with no significant breakouts. 24-hour price drops of 6.4% for XRP and 4.9% for HBAR indicate market volatility. XRP, after a weekly decline of 6.4%, is currently trading above its support level of $2.83, while HBAR remains within the range of $0.2254 to $0.2407. 3-day charts show both tokens maintaining their respective neutral RSI levels (63.80 for XRP and 64.45 for HBAR). Both tokens are showing signs of consolidation, with a narrowing structure of price action.