XRP at a Crossroads: Will the Sleeping Giant Finally Wake Up?

Ripple’s embattled token shows flickers of life—but can it shake off the SEC’s ghost and catch this bull run?

Key levels to watch: A clean break above $0.55 could trigger FOMO buys, while rejection here confirms the ’forever sideways’ crowd might be right.

Let’s be real: If Wall Street can turn meme stocks into an asset class, XRP deserves its shot at redemption.

XRP Analysis

By Shayan

The Daily Chart

XRP has recently found support at the 100-day moving average, prompting a slight bullish rebound. However, the asset remains trapped between the 100-day and 200-day moving averages, currently positioned at $2 and $2.4, respectively.

After facing rejection at the key $2.4 resistance, Ripple retraced toward the $2 range, which is acting as a significant support zone. The influx of demand at this level has led to a moderate bounce. Still, a decisive breakout above or below this tight range is crucial for confirming the next directional move.

The 4-Hour Chart

On the 4-hour timeframe, technical weakness is more apparent. XRP was rejected at the $2.4 resistance and pulled back shortly after failing to breach this level. However, it found support at the $2 psychological level, sparking a short-term rebound. For this bullish momentum to continue, additional buying pressure is needed to overcome the $2.4 resistance.

Given current conditions, a retest of the $2.4 level seems likely in the short term, followed by potential consolidation. If demand strengthens NEAR this zone, a breakout could drive the price toward the $2.8 resistance level.