XRP Price Primed for Breakout—Will Bulls Smash Through Key Resistance?

XRP teeters on the edge of a major move—again. After weeks of grinding sideways, the embattled crypto darling flashes bullish signals. But can it finally punch through that stubborn resistance wall?

The setup: A textbook pennant formation tightens as volatility collapses. Traders whisper about a coiled spring. Meanwhile, Bitcoin's dominance wobbles—altcoins smell blood.

The hurdle: That pesky $0.75 level that's rejected every rally since the SEC lawsuit dust settled. Market makers love painting liquidity there like a neon target.

The wildcard: Grayscale's XRP trust now trades at a 12% premium. Either smart money knows something—or another hedge fund is about to 'discover' crypto (just in time for bonus season).

Bottom line: This isn't your 2017 moon mission. Real adoption or just another leverage-fueled pump? Place your bets—the tape doesn't lie.

XRP Price Could Gain Bullish Momentum

XRP price formed a base above the $3.150 level and started a fresh increase, like Bitcoin and Ethereum. The price gained pace for a move above the $3.20 and $3.25 resistance levels.

The bulls pumped the price above the $3.280 resistance. Moreover, there was a break above a bearish trend line with resistance at $3.288 on the hourly chart of the XRP/USD pair. A high was formed at $3.350 and the price is now consolidating above the 23.6% Fib retracement level of the upward move from the $3.10 swing low to the $3.350 high.

The price is now trading above $3.30 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance NEAR the $3.350 level.

The first major resistance is near the $3.3650 level. A clear move above the $3.3650 resistance might send the price toward the $3.40 resistance. Any more gains might send the price toward the $3.450 resistance or even $3.480 in the near term. The next major hurdle for the bulls might be near the $3.50 zone.

Another Pullback?

If XRP fails to clear the $3.350 resistance zone, it could start a fresh decline. Initial support on the downside is near the $3.290 level. The next major support is near the $3.200 level or the 61.8% Fib retracement level of the upward move from the $3.10 swing low to the $3.350 high.

If there is a downside break and a close below the $3.20 level, the price might continue to decline toward the $3.150 support. The next major support sits near the $3.080 zone, where the bulls might take a stand.

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 – $3.20 and $3.150.

Major Resistance Levels – $3.350 and $3.450.