XRP is approaching a pivotal moment as it tests strong resistance near the 100-day Exponential Moving Average (EMA), currently around $2.20. This technical level has historically marked key turning points, and a decisive breakout could trigger a broader bullish reversal. Despite showing strength in April, XRP has so far been rejected at this resistance, with a red candle on the chart reflecting active seller defense.
Still, bullish momentum remains possible. XRP has built a solid foundation near $2.00 and continues to trade above shorter-term moving averages like the 50-day and 26-day EMAs—both supportive of potential upward movement. Importantly, trading volume has spiked significantly, suggesting heightened interest and potential for a breakout. Volume surges often precede major price moves, and the current standoff could lead to a sharp swing in either direction.
If XRP manages to close above the 100 EMA with confirmation, the next target would be the $2.40–$2.50 resistance zone. A move beyond that could pave the way for a broader recovery and possibly retest XRP’s 2025 highs. However, failure to hold the $2.00 support could push the asset back to the $1.90–$1.95 range, stalling bullish momentum without necessarily triggering a full reversal.
XRP is clearly at a crossroads, with traders closely watching the $2.20 resistance. As volume builds and momentum teeters, the outcome of this technical battle will likely define XRP's short- to mid-term trajectory. Whether it breaks through or pulls back, investors should brace for significant volatility ahead.
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