The XRP/USDT pair is demonstrating solid momentum as the price trades around $3.1224, marking a +0.37% increase within the last 24 hours. With market participants closely watching this move, XRP continues to attract attention amid heightened volatility across the crypto market.
Key Highlights
Current Price: $3.1224
24h High: $3.1560
24h Low: $3.0024
24h Trading Volume: 111.69M XRP (~344.22M USDT)
RSI (6): 58.97 — indicating balanced market conditions, neither overbought nor oversold.
Technical Outlook
The short-term trend shows XRP gaining strength as it moves above the MA(60) at 3.1145, signaling continued bullish momentum. Recent trading sessions highlighted a spike in buying pressure, pushing XRP toward the $3.15 resistance zone before a minor pullback.
If XRP sustains above the $3.12 support, traders could see a potential retest of $3.16 and beyond. Conversely, a break below $3.11 may invite consolidation toward $3.00.
Market Sentiment
The moderate RSI level suggests a healthy market without extreme overextension, giving bulls a fair chance to maintain control. Growing volumes also hint at increased trader participation, signaling confidence in XRP’s short-term outlook.
Conclusion
XRP’s ability to stay resilient above the $3.12 mark reflects investor optimism despite broader market fluctuations. A decisive break past $3.16 could open the doors for further upside momentum, making XRP one of the tokens to watch closely in the coming days.