- XRP stabilizes near $2.25, turning $2.22-$2.23 into support as indicators suggest growing bullish momentum across all timeframes.
- Breakout from a falling wedge signals a potential move toward $2.40-$3.00 if XRP reclaims the $2.30 resistance with volume support.
- Bullish divergence, RSI recovery, and EMA pressure confirm a trend shift as traders await a decisive push above $2.2642 for confirmation.
XRP stabilizes above a crucial breakout zone as technical signals point to renewed bullish momentum across timeframes. Indicators and price structure align, suggesting the potential for a fresh leg higher if key support levels hold. Traders are now closely watching XRP’s ability to confirm strength above immediate resistance.
Structure Shifts as XRP Retests Post-Breakout Zone
XRP trades near $2.25 after breaking out from a multi-week falling wedge that extended from early March. Price action flipped resistance at $2.22–$2.23 into support, showing strong acceptance in the new range. This level now serves as the key battleground for bulls aiming to push toward the $2.40 zone.
The pattern’s breakout formed after multiple higher lows developed beneath gradually descending resistance. Momentum started shifting as hidden bullish divergence appeared—price made higher lows while Stochastic RSI made lower lows. This divergence, often seen ahead of upward moves, suggested early strength building below the surface.
Additional signals add weight to the bullish setup. The RSI has climbed to 46 and holds above an ascending trendline from May, showing steady recovery. MACD lines are converging near the zero level, with a fading red histogram indicating waning bearish momentum. Pressure is now building beneath the 21-day EMA at $2.273.
The $2.30 resistance level sits just above, acting as a key breakout trigger. If price reclaims that line with volume, analysts expect a push toward $2.80–$3.00. On the downside, $2.00 remains critical—holding that base keeps the wedge structure valid and bullish continuation on track.
Shorter Timeframes Reinforce Bullish Control
On the 4-hour chart, XRP maintains its bullish structure after retesting the breakout zone between $2.2211 and $2.2335. Price holds firmly above the 9-EMA and 50-SMA, confirming buyer strength in this zone. The consolidation phase also shows declining volume, an encouraging sign of profit-taking rather than renewed selling.
This region now acts as a confluence support area that bulls must defend to sustain upward momentum. A rally above $2.2642 would confirm the trend shift and target the $2.40–$2.45 resistance range. If the $2.23 zone fails, the next support rests at $2.15, offering a short-term buffer.
Traders remain divided on whether this breakout marks the start of a full reversal or just another range extension. Some note that the 190-day sideways structure may fuel an explosive move once key levels flip. With bullish signals stacking up, attention now turns to confirmation above $2.2642.
