Under Pressure: XRP Price Dances Between Breakout and Breakdown

CN
2 hours ago

XRP’s 1-hour chart is giving strong reality-TV vibes: dramatic moves, sudden recoveries, and tension that keeps viewers coming back. A micro-uptrend carried the price from $2.76 to $2.90 before it threw on the brakes and slid into consolidation mode around $2.85–$2.87.

It’s currently doing the limbo just below the $2.90 bar—dip just a bit lower to $2.83–$2.85, and quick trades might find a sweet spot. But if XRP can catapult itself above $2.90 again, we could be in for a snappy bullish burst. Miss that mark, though, and we might be seeing a curtain call back at $2.80.

XRP/USDC via Binance on Sept. 29, 2025, 1-hour chart.

On the 4-hour stage, XRP played the classic bounce-back role. After face-planting to $2.69 (ouch), the token rebounded with all the flair of a seasoned crypto diva, climbing back toward $2.90. The volume even brought backup dancers, spiking on the recovery. But before anyone cues the confetti, fading momentum on recent candles throws a bit of shade. Short-term support rests around $2.75–$2.80, and resistance is gossiping just around $2.95–$3.00. While the short-term outlook still holds a touch of optimism, the real drama unfolds near that upper price range.

XRP/USDC via Binance on Sept. 29, 2025, 4-hour chart.

Zooming out to the daily chart, XRP is sashaying within a wider runway, bouncing between the support heels at $2.70 and the resistance crown at $3.38. Recent price action teased a bullish entrance—springing from around $2.70—but fizzled beneath $3.10 like a fizzled mimosa at brunch. Still, the token’s refusal to break below $2.80 adds a little bullish sparkle. For now, the bias remains neutral with just a hint of upward sass—as long as XRP doesn’t spill its cocktail and trip below $2.70.

XRP/USDC via Binance on Sept. 29, 2025, 1-day chart.

Now let’s talk oscillators—the fashion critics of the trading world. The relative strength index (RSI), Stochastic oscillator, commodity channel index (CCI), average directional index (ADX), and Awesome oscillator (AO) are all sitting on the neutral bench, clearly undecided about which direction to cheer. The momentum oscillator is throwing shade at the rest, leaning positive with its slightly bullish stance. But the MACD, or moving average convergence divergence (MACD), is leaning bearish, suggesting there’s still a skeptical undercurrent. In short, this panel is giving us a mixed bag—think of it as a moody judging panel on a crypto runway show.

The moving averages (MAs) are even more dramatic. Short-term moving averages are firmly in the bearish camp: the exponential moving averages (EMA) for 10, 20, and 30 periods, along with their simple moving average (SMA) counterparts, are all signaling weakness. But deeper into the timeline, things get a little more glamorous. The 100-period EMA and the 200-period EMA are both leaning bullish, and the 200-period SMA is also joining that camp—offering long-term support. But don’t get too cozy—most of the shorter-term averages are still whispering warnings behind XRP’s back.

Bull Verdict:

If XRP can maintain its swagger above the $2.80 floor and reclaim $2.90 with conviction, the bulls might just get their runway moment. Today’s intraday high shows it is possible. Add in long-term moving averages flashing support and a resilient intraday structure, and XRP could be gearing up for a walk toward $3.10 and beyond—just don’t trip on that resistance rug.

Bear Verdict:

Should XRP stumble below $2.80 and flirt with $2.70, the bears will be ready with confetti and caution tape. With short-term moving averages turning their backs and momentum indicators hesitating to cheer, a drop below key support could unravel the bullish fabric and unravel XRP’s grip on the $2 handle.

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