XRP made a nice move yesterday, breaking above the $2.22 resistance we were watching for signs of bullish momentum. It climbed up to around $2.27 but still hasn’t locked in a clean breakout past the $2.30 mark.
Let’s see where the XRP price could be headed today.
XRP Chart Analysis
XRP is trading at $2.2736 at writing. On the daily chart, XRP continues to trend upward after recovering from an early April selloff. The price has been making higher lows and higher highs, suggesting a short-term bullish structure.
The 9-day Simple Moving Average (SMA) is trending upward and currently sits near $2.19, offering dynamic support. The XRP price remains above this level, showing that buyers are maintaining control. XRP faces immediate resistance at $2.30–$2.32, where sellers have rejected attempts to push higher in recent days.
Support is visible around the $2.05–$2.10 zone, based on previous consolidation, while stronger support remains between $1.95 and $2.00. Below that, the $1.75–$1.80 region marks the area where XRP previously found aggressive buying interest.
While volume data is not displayed directly on the chart, the price behavior suggests declining volume during this consolidation phase, typical before a major move.
The technical indicators provide a largely bullish outlook for XRP price today. The MACD (12,26) stands at 0.013, showing a bullish crossover with positive momentum building. The Commodity Channel Index (CCI) reads 126.3404, well into the bullish zone above +100, confirming strong buying pressure.