XRP Stumbles Short-Term—But Bulls Eye $13 in Long-Game Rally

XRP’s chart flashes red this week—another casualty of crypto’s mood swings. Yet beneath the panic sells, the long-term technicals whisper something reckless: a $13 target still in play.

Here’s the breakdown:

- Short-term pain: Whale dumps and regulatory déjà vu (thanks, SEC) drag prices down. Traders flee—because nothing inspires confidence like a 10% drop before breakfast.

- Long-term gain: The monthly chart paints a different story. A 6-year basing pattern hints at a breakout even traditional finance can’t ignore—if you believe in fairy tales with Fibonacci levels.

Bonus cynicism: Wall Street still calls crypto volatile while trading leveraged oil futures. Priorities.

• XRP pulls back to $2.42 after hitting local resistance at $2.64, signaling short-term selling pressure.
• Bearish divergence and negative MACD suggest weakening momentum in lower timeframes.
• Trading volume spikes 30% to $5.47B, highlighting strong market interest despite the dip.
• Long-term bull flag on the weekly chart points to a potential breakout toward $13.

Ripple’s XRP is witnessing a critical moment as short-term bearish signals clash with strong underlying accumulation and long-term bullish setups.

Ripple’s native token, XRP, recently surged to a local high of $2.64, its strongest price point in recent weeks. However, after hitting this resistance zone, the asset has entered a corrective phase, facing selling pressure that has pushed the price down to $2.42, a 2% drop in the last 24 hours.

Short-Term Technical Indicators Flash Caution

On the lower timeframes, XRP’s technical structure is beginning to show signs of weakness. The Relative Strength Index (RSI) is approaching oversold territory, while the MACD has turned negative, confirming a decline in bullish momentum. Additionally, a bearish divergence has emerged on the chart, suggesting the recent price highs were not supported by equivalent strength in buying activity.

The immediate support lies at $2.40, a level that may be retested soon if selling continues. On the upside, the token remains capped below $2.65, and any move beyond this point WOULD require a significant surge in trading volume to sustain momentum.

Despite the short-term correction, on-chain and exchange data reveal a more bullish picture. XRP’s 24-hour trading volume has surged nearly 30% to $5.47 billion, a clear sign that market activity is heating up.

XRP continues to trade within a bullish territory, often a precursor to explosive price moves. However, with favorable macro conditions, reinforces the argument that XRP may be gearing up for a significant breakout.

XRP Forms Monster Bull Flag, Eyes $13 Target

Looking further out, XRP’s long-term chart is forming a monster bull flag on the weekly timeframe, with a potential upside target of $12 to $13, a massive rally from current levels.

While the token has underperformed during the last two market cycles, many believe it’s “due” for a breakout performance. The growing community support and consistent accumulation suggest that sentiment is shifting in the token’s favor.

In the short term, the token may continue to face resistance and volatility around the $2.40–$2.65 range. However, the combination of strong demand absorption, increasing volume, and bullish macro patterns signals that XRP could be coiling up for a massive move.

Read More: Tornado Cash Co-Founder Hit with DOJ Charges in crypto Crackdown