- XRP’s 9 SMA holds strong as monthly chart signals either breakout or breakdown.
- MACD and RSI suggest neutral bias, but momentum may shift toward bullish soon.
- Open interest stabilizing above $3.5B signals deep investor conviction despite volatility.
XRP is entering a pivotal phase as market indicators tighten and key technicals hint at the potential for explosive moves either upward or downward. As of press time, 2025, XRP trades at $2.20, marking a 2.06% increase in the last 24 hours. However, it still reflects a mild 1.81% decline over the past week.
With a circulating supply of 59 billion tokens and a market cap above $129 billion, XRP remains one of the most closely watched cryptocurrencies in the market.
Price Patterns and Technical Pressure
EGRAG CRYPTO’s latest analysis underscores a defining moment in XRP’s monthly chart. The 9 SMA, often used to identify trend strength, continues to hold firm despite global market pressures. That resilience suggests either the final leg of a bullish cycle or the onset of a bearish reversal.
Significantly, the measured move points to a possible surge towards the $20 region, aligning with the Guardian Arch model. However, this bullish phase might carry the weight of volatility. According to EGRAG’S earlier analysis, if XRP reaches $27, a potential 86% retracement mirroring the 2021 correction could bring it back down to near $3.
Moreover, the MACD on the daily frame adds another layer of caution. The MACD line hovers just below the signal line, indicating a weak bearish bias.
Although the histogram bars are negative, their shrinking size suggests that selling momentum could be slowing. Meanwhile, RSI levels remain neutral at around 47. If it breaks above 50, it may witness a shift toward bullish sentiment.
Open Interest Reveals Market Psychology
Beyond price charts, futures open interest reveals rising speculative enthusiasm. XRP futures saw a sharp increase from mid-November 2024, peaking in early January 2025 above $7 billion.
This surge coincided with XRP’s upward price movement, hinting at leveraged bullish bets. After a temporary decline, open interest has stabilized above $3.5 billion forming a new floor for market engagement.
This heightened activity indicates that institutional and retail traders remain deeply invested in XRP’s future. A sustained open interest above $2 billion reflects strong market confidence, even during pullbacks.
