XRP Tests Critical Support – Is a Bullish Reversal Imminent?

XRP's price action is flirting with a make-or-break level—again. Traders are watching the charts like hawks, waiting for confirmation of either a breakdown or the next leg up. Here's what you need to know.

Support Levels Under Pressure

The digital asset has slid back to a key demand zone that previously sparked rallies. If history rhymes, this could be the launchpad for a fresh surge. But in crypto, past performance is about as reliable as a Wall Street analyst's price target.

Technical Signals Flash Mixed Messages

Oscillators show oversold conditions while volume remains subdued—classic standoff between bulls and bears. The resolution could come down to whether Bitcoin decides to play nice or throw another tantrum.

Make Your Move

Watch for a decisive close above resistance or breakdown below support. Either way, volatility is coming—and so are the leverage traders ready to overextend themselves (again). Welcome to crypto's endless cycle of hope and liquidations.

XRP Price Dips To Support

XRP price attempted more gains above the $3.30 zone, like Bitcoin and Ethereum. The price tested the $3.35 level and failed to extend gains. A high was formed at $3.35 and the price started a downside correction.

There was a break below a key bullish trend line with support at $3.280 on the hourly chart of the XRP/USD pair. The pair dipped below the $3.250 and $3.150 support levels. Finally, it tested the $3.020 support zone. A low was formed at $3.031 and the price is now recovering toward the 23.6% Fib retracement level of the downward MOVE from the $3.350 swing high to the $3.031 low.

The price is now trading below $3.120 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance NEAR the $3.10 level. The first major resistance is near the $3.150 level.

A clear move above the $3.150 resistance might send the price toward the $3.20 resistance. Any more gains might send the price toward the $3.250 resistance or even $3.2650 in the near term. The next major hurdle for the bulls might be near $3.30.

Another Decline?

If XRP fails to clear the $3.150 resistance zone, it could start a fresh decline. Initial support on the downside is near the $3.050 level. The next major support is near the $3.020 level.

If there is a downside break and a close below the $3.020 level, the price might continue to decline toward the $3.00 support. The next major support sits near the $2.880 zone, below which there could be a larger decline.

Technical Indicators

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

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

Major Support Levels – $3.050 and $3.020.

Major Resistance Levels – $3.150 and $3.20.