XRP, priced at $2.52 with a market capitalization of $145 billion and a 24-hour trading volume of $9.35 billion, has shown a price range between $2.33 and $2.56 on January 13, 2025, as technical indicators suggest a mix of consolidation and potential bullish momentum.

XRP

The 1-hour chart of XRP reflects a period of consolidation near $2.50-$2.55 after a recent recovery, with oscillators like the moving average convergence divergence (MACD) indicator in a buying zone at 0.08662, indicating bullish momentum. Meanwhile, the decreasing volume highlights traders' caution as the market assesses the strength of this move. Entry opportunities near $2.48-$2.50 with a stop-loss below $2.45 could offer favorable setups for intraday strategies, while resistance at $2.55-$2.60 presents a potential exit zone.

XRP Market Update: Bulls Dominate as $2.70 Becomes the Next Big Target

1H chart of XRP/USDT on January 13, 2025.

On the 4-hour chart, XRP has established higher lows, signaling a bullish trend despite resistance near the $2.60 range. Key moving averages, including the exponential moving average (EMA) at $2.43729 and the simple moving average (SMA) at $2.42029, support the bullish outlook. However, volume has begun to decrease near resistance, emphasizing the need for confirmation before expecting a breakout. New tests of $2.45-$2.50 could provide ideal entry points, with stops placed conservatively below $2.40.