XRP just entered a major crossroad; Will bulls or bears win?

XRP is clinging to fragile support at $3, with technical indicators suggesting the asset has reached a critical juncture that could push it in either ￰0￱ to cryptocurrency analyst Ali Martinez, XRP faces two potential scenarios that will shape its short-term ￰1￱ an X post on September 11, Martinez noted that a break above the $3.05 resistance could spark a bullish surge toward $3.60. Alternatively, a pullback to $2.80 followed by a rebound through $2.90 could also set the stage for a rally toward the same $3.60 ￰2￱ price analysis chart.), which could attract institutional ￰3￱ the same time, retail interest is also rising, with CoinGlass data showing XRP futures open interest averaging $8.15 billion on September 11, up from $7.37 billion on ￰4￱ surge in open interest reflects growing conviction in XRP’s ability to sustain its ￰5￱ price analysis At press time, the token was trading at $3.03, up more than 1% on the day and over 8% on the ￰6￱ seven-day price chart.) of $3.02 and comfortably above the 200-day SMA of $2.52, signaling medium-term bullish momentum.

Meanwhile, the 14-day RSI at 53.51 points to a neutral stance, with no signs of overbought or oversold ￰7￱ image via Shutterstock