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XRP Price Reclaims $3 – Bulls Struggle to Build on Gains

XRP Price Reclaims $3 – Bulls Struggle to Build on Gains

Author:
Newsbtc
Published:
2025-09-17 04:08:44
23
1

XRP smashes through the $3 barrier again—but momentum stalls as bulls hit a wall.

Market Momentum Falters

Traders watched XRP claw back to that psychological $3 level, only to see buying pressure evaporate. The digital asset's rally hit resistance faster than a regulatory hurdle—classic crypto volatility playing out in real time.

Technical Resistance Intensifies

Every attempt to push beyond $3 gets met with sell orders flooding the books. The pattern repeats: brief euphoria followed by profit-taking that would make even traditional finance brokers blush—and they're used to charging fees for mediocre performance.

Where's The Fuel?

Without sustained volume, XRP's price action resembles a car spinning its tires on ice. Bulls need fundamental catalysts, not just technical breakouts, to establish higher support levels. Otherwise, it's just another fakeout in an industry that specializes in them.

Remember: reclaiming a price level means nothing if you can't hold it. Just ask anyone who bought the last 'sure thing' in crypto.

XRP Price Attempts Recovery

XRP price started a fresh decline below the $3.120 level, like Bitcoin and Ethereum. The price dipped below the $3.020 level to enter a short-term bearish zone.

There was a MOVE below the $3.00 pivot level and the 100-hourly Simple Moving Average. A low was formed at $2.957 and the price recently started a recovery wave. There was a move above the 23.6% Fib retracement level of the downward move from the $3.186 swing high to the $2.957 low.

Besides, there was a break above a bearish trend line with resistance at $3.00 on the hourly chart of the XRP/USD pair. The price is now trading below $3.060 and the 100-hourly Simple Moving Average.

If the bulls protect the $3.00 support, the price could attempt another increase. On the upside, the price might face resistance near the $3.060 level. The first major resistance is near the $3.080 level or the 50% Fib retracement level of the downward move from the $3.186 swing high to the $2.957 low.

XRP Price

A clear move above the $3.080 resistance might send the price toward the $3.120 resistance. Any more gains might send the price toward the $3.180 resistance. The next major hurdle for the bulls might be near $3.250.

Another Decline?

If XRP fails to clear the $3.060 resistance zone, it could continue to move down. Initial support on the downside is near the $3.00 level. The next major support is near the $2.950 level.

If there is a downside break and a close below the $2.950 level, the price might continue to decline toward $2.880. The next major support sits near the $2.840 zone, below which the price could gain bearish momentum.

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 above the 50 level.

Major Support Levels – $3.00 and $2.950.

Major Resistance Levels – $3.080 and $3.120.

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