XRP is showing strong signs of a bullish trend reversal after breaking its previous structure and forming an upward EMA line. This token is currently heading towards the resistance threshold of $2.50.
Ripple's (XRP) price action has recently shifted to a bullish market structure, providing a fresh outlook for traders and investors monitoring the continuation of the trend.
With a series of higher highs and higher lows confirmed, XRP is currently trading above two major moving averages, indicating that bullish momentum is increasing. If this structure continues to hold, XRP may target higher resistance areas in the near future.
Key technical points
Bullish EMA Cross: The 21 EMA and 50 MA are converging, signaling a potential bullish crossover.
Change in market structure: XRP has established higher highs and higher lows, confirming a local bullish structure.
Resistance target: If support holds, the next major resistance level is $2.50.
The convergence of the 21 EMA and 50 MA is a reliable early signal that momentum may be shifting in favor of the buyers. If a bullish crossover is confirmed, it often precedes a sustainable bullish move. It is important that XRP not only hovers above both moving averages but also respects them as dynamic support. This adds further confluence to the idea that momentum is taking shape.
Structurally, XRP has printed a textbook change, shifting from a bearish pattern of lower highs and lower lows to now forming higher lows and higher highs. This is one of the clearest early signs that market participants are regaining confidence and an accumulation process is underway. If this bullish structure remains intact and the price continues to respect key support levels, momentum could start to accelerate.
Volume remains a crucial factor in confirming this bullish thesis. While the initial signs are promising, an increase in volume will confirm the strength behind this move. Without it, the structure may still be vulnerable to a breakdown. However, at this moment, XRP is showing initial signs of trend development and is laying the groundwork for a potential breakout scenario.
What to expect in upcoming price action
If XRP maintains its position above the converging EMA lines and continues with higher trading volume, traders can expect the price to retest the resistance area of $2.50. A clear break above that level could create the next bullish momentum in the short term.