Not Boring, Bullish: XRP Price Quietly Builds Toward Next Move

Not Boring, Bullish: XRP Price Quietly Builds Toward Next Move

TLDR:

  • XRP price is consolidating between $3.40 and $3.60, showing signs of quiet strength.
  • The trendline flip from resistance to support has held through repeated retests.
  • Chart patterns hint at bullish continuation, including a cup and saucer formation.
  • A breakout above $3.60 could open doors to $4.65 with fast-moving price action.

XRP has been trading quietly within a tight range. While nothing explosive has happened yet, something’s brewing beneath the surface. For over four days now, price has stayed boxed between $3.60 resistance and $3.40 support. 

But instead of fading, the price action is holding steady. Momentum is creeping up, and traders are paying close attention.

XRP’s Steady Support, Subtle Strength

CasiTrades pointed to a trendline that once acted as resistance and now flips as support. Each dip sees buyers stepping in quickly, keeping the structure intact. That kind of behavior usually suggests bulls aren’t done yet.

The third recent bounce off the trendline is the latest example. The price is slowly edging higher again, refusing to break down. According to the trader, there’s also plenty of room on the RSI, giving the chart more space to breathe.

Even after testing $3.65 twice, XRP hasn’t pushed past that ceiling. Yet it hasn’t dropped either. Instead, the token keeps forming higher lows, respecting Fibonacci retracement zones that remain valid until a new high is confirmed.

Cryptoinsightuk described the formation as a “cup and saucer” on the hourly chart. It’s a continuation pattern, which typically favors an upward move. The fact that this structure is forming around all-time highs adds to the argument for strength.

Key XRP Price Levels and What’s Next

While $3.40 support has held so far, traders remain cautious. If that level fails, the $3.20 to $3.25 zone becomes the next area to watch. But as long as the price stays above the trendline, momentum is likely to lean bullish.

The target above resistance sits at $4.65. According to CasiTrades, if XRP breaks out, price action above that point could get volatile and fast.

According to CoinGecko, XRP trades at $3.48 with a 24-hour volume near $6.4 billion. That’s a modest 0.47% daily gain, but the weekly increase of 19.29% tells a bigger story.

XRP price on CoinGecko

Volume is holding, momentum is building, and the consolidation under resistance hasn’t shaken bulls off just yet. Traders are watching closely. The next few candles could decide if XRP breaks higher or resets for another test.

 

Leave a Reply

Your email address will not be published. Required fields are marked *