XRP is at a crucial point, testing key resistance levels as traders anticipate its next move. After reaching a high of $3.40 in January 2025, the price has been in a corrective phase, consolidating within a descending channel. Now, XRP’s price action on multiple timeframes suggests an imminent breakout or another pullback.
On the 4-hour timeframe, XRP is currently facing resistance around $2.45, a level that previously triggered a rejection on March 15. Despite bullish attempts, the Parabolic SAR indicator places dots above the price, signaling bearish pressure.
Support remains strong at $2.13, aligning with the 0.618 Fibonacci retracement level. If XRP fails to break above $2.45 convincingly, it may revisit this support. However, a breakout above $2.57 could indicate a trend reversal, opening the door for a push toward $2.80.
The 1-hour chart presents a mixed outlook. XRP has crossed above the 100-period moving average, a bullish sign. The RSI remains above 50, indicating buyers still have control, while the Parabolic SAR signals a bullish reversal. However, neutral short-term moving averages suggest that the uptrend is losing steam.
To sustain upward momentum, XRP must hold above $2.45 and build buying pressure. If bulls fail, a dip to $2.05–$2.07 could follow before another breakout attempt.
On the 15-minute chart, XRP is attempting to recover from recent declines, trading near $2.07 with a slight positive change. However, it remains below the 20 and 50-period EMAs, signaling bearish short-term control. The Stochastic Oscillator at 47.13 suggests neutral momentum, meaning a decisive move could happen soon.
If XRP can break above $2.57, a rally toward $2.80 is likely. However, failure to hold $2.45 could push the price down to $2.13, with a potential dip to $1.95 if selling pressure increases. Traders should watch these key levels closely, as XRP is on the verge of a significant move.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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