XRP RSI Remains Bullish As Support Levels Hold, Price Eyes Break Above $3.6

Despite recent volatility and price swings, XRP has remained firm above critical support levels, with technical indicators suggesting a possible ￰0￱ analysts who closely monitor momentum on the daily time frame, particularly the Relative Strength Index (RSI), indicate that XRP bulls are regaining strength, paving the way for a potential move above the $ 3.60 ￰1￱ Turns Bullish As XRP Eyes Higher Levels In his latest analysis on X social media, crypto market expert Dark Defender noted that XRP’s price structure is holding steady above essential support zones, with the $2.85 level emerging as a pivotal point in the current ￰2￱ identified as strong support, $ 2.85 has now flipped into a resistance ￰3￱ Reading: XRP Price Could See 20% Bounce To $3.4 If This Trendline Holds A sustained push above this threshold could unlock a path toward $3 and beyond, ultimately setting the stage for a potential retest of the $3.6 weekly resistance ￰4￱ the time of writing, the price of XRP is $2.87, meaning a surge above $ 3.60 would represent a significant increase of more than 25%.

On the daily chart, XRP has completed a corrective ABC pattern, with the recent bounce from the $2.74 level marking the start of a new upward ￰5￱ RSI indicator has begun trending upward from oversold conditions, signaling renewed buying ￰6￱ bullish divergence strengthens the case for a potential breakout rally, provided that price maintains its footing above the retracement levels of 23.6% and 38.2%. Currently, momentum indicators suggest that XRP’s next target lies in the $2.85 and $3 zone, with the possibility of a stronger increase if volume supports the ￰7￱ Defender’s analysis underscores that although XRP’s price action remains slow and consolidating, its structure continues to align with bullish technical signals, reinforcing expectations of further upside in the near ￰8￱ Signals Caution As XRP Exchange Reserves Spike Crypto analyst Greg Miller has announced on X that XRP exchange reserves have surged to a one-year high—a development often interpreted as a sign of selling ￰9￱ increases in reserves typically suggest that more tokens are being moved onto centralized platforms, with investors possibly preparing for ￰10￱ Reading: Analyst Predicts The XRP Price If 10% Of Global Assets Are Tokenized The CryptoQuant‘s chart reveals a clear divergence between XRP’s exchange holdings and price ￰11￱ the cryptocurrency is consolidating around the $2.7 to $2.9 range, the sharp uptick in reserves reflects growing caution among investors.

Historically, similar trends have preceded price corrections, and XRP’s earlier breakdown from the $2.74 level confirms that bearish momentum has not fully ￰12￱ to Miller, the surge in reserves introduces a significant risk in ￰13￱ some technicals favor an upside breakout, the heavy supply in exchanges could cap gains prematurely, stalling any meaningful ￰14￱ a surge in demand to absorb inflows, Miller argues that XRP’s recovery toward $3 or higher remains ￰15￱ image from Getty Images, chart from ￰16￱