XRP Price Surge: Could $4 Be Closer Than Expected?
XRP has been making waves in the crypto market recently, catching the attention of traders and analysts alike. The digital asset has been in a steady uptrend, and while short-term corrections remain possible, technical signals suggest there's still plenty of momentum behind the move.
RSI Signals Potential Cool-Off
XRP’s Relative Strength Index (RSI) is currently sitting at 83.78, a level typically associated with overbought conditions. This doesn't necessarily mean a trend reversal is imminent, but it could suggest that XRP might take a breather or move sideways in the near term before making another push higher.
MACD Confirms Bulls in Control
The MACD indicator supports the current bullish trend. With the MACD line above the signal line and a steadily growing histogram, momentum remains clearly positive. There are no immediate signs of weakness, which reinforces the case for further upside.
Moving Averages Support the Trend
XRP is trading comfortably above its key moving averages, including the 9-day EMA, 20-day SMA, and 50-day SMA. These indicators continue to slope upward, acting as dynamic support levels. Even the 200-day SMA is well below the current price, underscoring XRP's strength over a longer timeframe.
Key Support Levels to Monitor
If XRP experiences a pullback, certain levels could serve as solid support:
$3.24: Closest support zone
$2.88: Former resistance, now a support area
$2.49: Strong technical base that could limit deeper declines
These zones may help cushion any short-term dips and preserve bullish sentiment.
Fibonacci Levels Hint at $3.12 as a Pivot
According to analyst EGRAG CRYPTO, holding above $3.40 would strengthen the bullish setup. Still, a dip to $3.12—around the 0.888 Fibonacci retracement level—could offer a healthy consolidation before the next leg higher. A successful defence of this level might set the stage for renewed buying pressure, while skipping this retest altogether could signal even stronger market confidence.
Upside Targets Remain Intact
As long as XRP stays above $3.24, the momentum remains intact. Potential price targets in the near term include $3.75 and $4.00. A breakout beyond those levels could open the door to the $4.45–$4.60 range.
Final Thoughts
XRP continues to show strength across multiple technical indicators. While overbought conditions may lead to short-term consolidation, any pullback could represent a buying opportunity. The overall trend remains bullish, and XRP appears well-positioned for further gains as long as key support levels hold.
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