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XRP Is About to Break the Resistance Level? Technical Indicators Show a Rise
With a price range of $2.155 to $2.163 in the last hour, the market capitalization is $124 billion and the global trading volume is $2.29 billion, XRP is moving in a narrow range over the 24-hour period of $2.07 to $2.13. As growth momentum develops, technical indicators across multiple time frames suggest a calm yet cautious market atmosphere, implying a bullish potential if the volume confirms the breaking of key resistance levels. On the 1-hour chart, XRP has shown a minor breakout from $2.06 to $2.194, supported by a significant increase in volume. This short-term move reflects strong buying interest and accumulation, particularly evident in the highest hourly volume bar. Immediate momentum favors the buyers and the price could retest the breakout area between $2.11 and $2.12 before moving higher. Traders may consider entries around the range of $2.10 to $2.12, especially if the volume maintains or increases. The bullish scalp target is around $2.18, with a potential swing target at $2.25, while a tight stop loss below $2.08 provides risk management.
The 4-hour chart reflects a developing short-term bullish structure, with higher lows supporting the range from $2,039 (support) to $2,141 (resistance). A strong green candle recently in the window of $2.12 to $2.14 highlights increasing buying pressure and optimism about a breakout. A confirmed closing above $2.14 will signal the next bullish momentum, while more aggressive entries may look to capitalize on dips down to $2.08. The price target lies within the range of $2.18 to $2.20, with protective stop orders recommended below the support area of $2.03.
From a daily perspective, XRP has recovered from a strong support level at $1.611—a zone with significant buying volume—recovering into a consolidation pattern above $2.00. The price action between $2.05 and $2.10 currently marks an important entry zone, where confirming volume could signal a bullish breakout. The short-term resistance levels include $2.40 and $2.60, in line with previous swing highs and sentiment indicators. This suggests that the market is stabilizing and the potential for further bullish movement is reasonable if accumulation continues. A stop-loss below $1.90, or more conservatively below $1.611, provides a controlled risk exposure for additional gains.
The fluctuations paint a largely neutral sentiment, highlighting the market's hesitation and potential readiness for a breakout. The relative strength index (RSI) is at 51.09405, Stochastic at 73.85584, the commodity channel index (CCI) at 59.92234, the average directional index (ADX) at 19.81293, and the awesome oscillator at -0.06885 all indicate a holding pattern. Notably, the momentum oscillation at -0.02656 flashes a bearish signal, while the moving average convergence divergence (MACD) at -0.02901 is slightly bullish with a buy signal—indicating a tug-of-war between optimism for consolidation and a breakout. Returning to the moving averages, the short-term indicators are showing a bullish trend. The exponential moving average (EMA) and the simple moving average (SMA) on the 10, 20, and 30 periods are all signaling a bullish trend, with prices fluctuating between 2.05 dollars and 2.12 dollars. However, the long-term moving averages present a conflicting story: while the EMA and SMA for the 50 and 100 periods reflect bearish conditions with values higher than the current price, the 200-period EMA and SMA remain bullish, indicating broader structural strength. The combination of short-term bullish trends and this long-term resilience may be laying the groundwork for a sustainable breakout if the right conditions are met. Bull's Assessment The consolidation of XRP above the $2.00 level, along with bullish momentum on the 1-hour and 4-hour charts and strong support near $1.61, sets the stage for an upward breakout. The convergence of short-term moving averages and the MACD signal ( moving average convergence divergence ) cautiously optimistic reinforces the case for continued bullish action, especially if volume supports a decisive move above $2.18. Bear's Assessment Despite having local strength, the momentum oscillator and the long-term moving average of XRP indicate vulnerability beneath the surface. With oscillators largely neutral and many higher time frame moving averages flashing sell signals, failing to surpass the $2.18 level with conviction—or dropping below $2.03—could trigger a pullback to the $1.90 level or even retest the support level of $1.61.