XRP is holding firm above key support after rebounding strongly from last week’s dip. The uptrend that began in mid-June is still intact, with price riding a rising trendline. However, overhead resistance will decide whether bulls can push higher or momentum stalls.
After bouncing from the $2.85–$2.95 zone, XRP reclaimed its 9-day SMA and climbed toward $3.33–$3.40. This area has capped gains so far, but a breakout could target $3.50 and $3.55–$3.60 next.
Yesterday’s Call
We noted that clearing $3.30 could set up a retest of $3.50, while holding above $3.00 would keep the uptrend intact.
Price pushed into resistance but hasn’t broken it yet, leaving the short-term range between $3.00 and $3.33–$3.40 in play. The trendline is still guiding the market upward.
Daily Overview
Current Price: $3.29
24h Change: -0.64%
RSI (14): 60.73 → Bullish momentum, room to run
Volume: Stable
XRP remains above the 9-day SMA ($3.038) and the rising trendline from late June. Resistance is close, and a breakout would confirm trend continuation.
What the Chart Shows
Structure remains bullish with higher lows and a bounce from the trendline.
A daily close above $3.40 likely opens the way to $3.50 and $3.60.
Failure to break resistance could see sideways trading or a dip to $3.05–$3.10.
A close below $2.90 would suggest deeper pullback risk.
Scenarios to Watch
Bullish: Break above $3.40 → targets $3.50 and $3.60.
Neutral: Range-bound between $3.00 and $3.40.
Bearish: Close below $3.00 → targets $2.80 and possibly $2.55.
Our Take:
XRP remains in a short-term uptrend with technical indicators in its favor. The $3.33–$3.40 zone is the key level that will define the next big move.
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