- XRP is priced at $2.56 which is an increase of 6.2 percent a day and has a support level of $2.37 and resistance of $2.64.
- The 53.94 reading of the RSI and the crossover of the MACD suggest that there is a balanced momentum and new short-term power to buy.
- Fibonacci levels of $1.272 ($2.34) to $1.618 ($2.67) are indications of the structural strength of XRP on the long-term chart.
XRP( XRP) continued to move in an upward direction, trading at $2.56 after gaining 6.2% in the 24-hour price action . The token’s support level is at $2.37 while resisting at approximately $2.64. Market statistics show that accumulation has consistently been experienced and the trend in the overall chart shows that the market has strong structural strength over time. XRP also gained by 3.9%t against Bitcoin to be at 0.00002240 BTC, which is relatively strong in the crypto market.
The recent Fibonacci extension shows that XRP is already above the $1.272 value at $2.34 and the additional resistance is at the $1.618 value of $2.67. This trend is a validation of long-term upward activity within the mid-term. Interestingly, the larger chart shows that price action has been steadily remaining above the previous resistance levels and it has become new support levels.
Technical Indicators Reflect Strengthening Market Structure
Momentum indicators offer insight into current market stability. The RSI (14 close) on the hourly chart shows a reading of 53.94, with a high of 63.10, positioning XRP within a neutral-to-positive momentum zone. This level suggests balanced buying activity, avoiding the overbought region while maintaining healthy participation.
Source: TradingView
In addition, the MACD (12, 26 close) shows a notable shift, with the blue MACD line recovering above the red signal line. The histogram shows that there was a recent positive crossover with 1.87 billion of the buying volume of the shares against the 303.07 million of the selling pressure. This turn is indicative of fresh short term momentum favoring the current upward trend.
The correspondence of RSI and MACD is a valid indicator that the market is not going to collapse after previous adjustments. In addition, the two metrics are strongly synchronized with the known Fibonacci levels, which offers uniformity in the various analysis schools of thought.
Long-Term Chart Points Toward Higher Fibonacci Targets
The monthly XRP/USD chart emphasizes a strong structural breakout from prior consolidation phases . XRP currently trades between the $1.272 and $1.618 Fibonacci extensions, reflecting potential continuation within this technical framework. The next significant Fibonacci target appears near $2.272 at $21.7, though the price remains focused on holding the $2.37–$2.64 zone for stability.
Historical trends also indicate that every major rally has followed the same consolidation to breakout tendencies. Given that the breakout has been validated at this level, it is important to keep the support above $2.37 as the bullish momentum is maintained. Therefore, the technical position of XRP suggests that the market is ready to assess additional upper resistance areas.
