The price of XRP stabilizes in the short term around $2.85 after weeks of notable gains. Despite a 3.5% drop in the past twenty-four hours, this altcoin maintains a sound technical structure and mixed signals that attract the attention of market participants.
The following detailed technical analysis identifies key support and resistance levels, as well as the most relevant momentum and volume indicators that could predict XRP's next move in the near term.
XRP's stability following its rise: a technical pause or an unbreakable resistance?
On the daily charts, XRP has shown a clear upward trend since mid-April, when it broke through the key resistance level at $1.85, triggering a series of highs and lows. The current price, close to $2.85, represents a temporary pause and an important technical level tested on multiple occasions.
The strongest immediate support is at $2.65, an area that the stock has defended strongly during recent pullbacks. Below, $2.40 represents a second technical level with historically high trading volume, making it a potential bounce point in the event of a deeper correction.
The main resistance that needs to be surpassed is at $3.00, a psychological and technical level that has previously halted gains. A breakout with significant trading volume could pave the way towards $3.40, and even levels close to $3.80, marking the highest levels since 2021.
The relative strength index (RSI) hovers around the level of 61, in the overbought area, indicating strength, although it also suggests that the asset may need to consolidate before moving forward. The MACD indicator maintains a positive crossover, although its slope has begun to stabilize, indicating a weakening momentum.
The simple moving averages of 50 and 200 days reinforce the bullish bias: the 50-day simple moving average is above the 200-day simple moving average, confirming the presence of a golden cross active since June. However, trading volume has decreased by 8% over the past week, which may limit further gains without additional catalysts.
XRP is gaining momentum, but macroeconomic factors may temper enthusiasm.
On a fundamental level, XRP continues to benefit from a positive narrative following the partial resolution of its regulatory issues. Its institutional adoption in emerging markets has increased, and its use in cross-border financial transfer systems continues to expand.
At the same time, expectations for the Federal Reserve to keep interest rates stable for the remainder of 2025 have supported risk assets. However, renewed macroeconomic or geopolitical tensions could dampen investors' appetite in the short term.
XRP is undergoing a transformation phase, especially after the U.S. Federal Reserve issued ISO 20022. If it manages to stay above $2.65 and consistently surpass $3.00, its technical outlook will remain positive.
Otherwise, a consolidation phase could occur between $2.40 and $2.80, where the market will assess its next direction. The coming days will be crucial to confirm whether the recent momentum still carries any weight.
