XRP Bulls Charge Again—Can This Rally Stick?

XRP shakes off the bears as buyers step back in—but will this momentum last or just another fakeout for bagholders?

Price action shows renewed bids flooding the market after weeks of sideways grinding. The 24-hour chart paints a classic crypto rollercoaster: double-digit percentage swings on pure speculation and leveraged trades.

Key resistance levels loom overhead like a Sword of Damocles. Break through, and the moonboys start dusting off their 'to $10' price predictions. Fail, and it's back to the usual chorus of 'Ripple is doomed' from Bitcoin maxis.

Traders eyeing the order books report thin liquidity—typical for an asset where 'utility' somehow never translates to stable demand. Meanwhile, the SEC case drags on in its fourth year, because nothing says 'financial revolution' like waiting for boomers in suits to decide what's a security.

Can the bulls finally pump it? Sure—just don't ask when, or for how long. This is crypto, where fundamentals go to die and hopium never runs dry.

XRP Price Aims Fresh Increase

XRP price formed a base and started a fresh increase from the $2.050 zone, like Bitcoin and Ethereum. There was a move above the $2.120 and $2.20 resistance levels.

The bulls even pushed the price above the $2.25 level. Finally, the price tested the $2.320 resistance. A high was formed at $2.3294 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $2.2250 swing low to the $2.3294 high.

The price is now trading above $2.220 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2.270 on the hourly chart of the XRP/USD pair.

On the upside, the price might face resistance NEAR the $2.320 level. The first major resistance is near the $2.350 level. The next resistance is $2.40. A clear move above the $2.40 resistance might send the price toward the $2.420 resistance. Any more gains might send the price toward the $2.480 resistance or even $2.50 in the near term. The next major hurdle for the bulls might be $2.550.

Are Dips Supported?

If XRP fails to clear the $2.320 resistance zone, it could start another decline. Initial support on the downside is near the $2.2750 level. The next major support is near the $2.250 level and the 76.4% Fib retracement level of the upward move from the $2.2250 swing low to the $2.3294 high.

If there is a downside break and a close below the $2.250 level, the price might continue to decline toward the $2.220 support. The next major support sits near the $2.20 zone.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.

Major Support Levels – $2.2750 and $2.250.

Major Resistance Levels – $2.320 and $2.350.