- XRP must close above $3.00 to confirm bullish momentum and sustain its uptrend.
- Key support at Fibonacci 0.888 may prevent a bearish slide if held for three days.
- RSI at 50.52 and MACD histogram hint at potential bullish continuation ahead.
XRP is at a pivotal moment in its price trajectory, with analysts closely monitoring key resistance and support levels. According to EGRAG CRYPTO, XRP must close above $3.00 to sustain bullish momentum.
#XRP – No More Tapping Down 🚫🔔#XRP needs to close above $3.00 for #bullish continuation 📈. We can't keep tapping the lower boundaries anymore! The more times we knock on that door, the greater the chance it will open 🔑.
— EGRAG CRYPTO (@egragcrypto) March 14, 2025
It’s time for #XRP to start trending upward! 🌟✨… pic.twitter.com/q7ALHVPY8S
The cryptocurrency has been knocking on resistance levels repeatedly, increasing the likelihood of a breakthrough. With $2.65 identified as the first critical closure point, the market is now watching whether XRP can push past these barriers and continue its uptrend.
EGRAG CRYPTO’s analysis highlights the significance of the Blue Channel in determining XRP’s short-term moves. Currently, equilibrium has been established near the lower boundary, suggesting a mini bounce is probable. This channel serves as a guiding framework for price action, with XRP’s position within it offering clues about its next direction.
#XRP – Today's Price Action Analysis
— EGRAG CRYPTO (@egragcrypto) March 15, 2025
The Blue Channel is providing a clear indication of #XRP's next move.
I've noted that the equilibrium has been established and is resting on the lower edge of the Blue Channel, making a mini bounce quite apparent In the below previous post.… https://t.co/W3FaTyEkSA pic.twitter.com/SSNxBAY2A5
Potential Scenarios for XRP’s Price Action
For a bullish continuation, XRP must close above $2.83, signaling strength and paving the way for a possible climb to $4.20. As time progresses, price targets may shift higher, further strengthening the bullish case.
Conversely, a more cautious outlook suggests a retest of the previous daily low (PDL), aligning with the Fibonacci 0.888 level, which acts as strong support. If XRP fails to hold above this threshold for three consecutive days, bearish pressure may persist, with key levels to watch including $2.40, $2.97, and $3.07.
On the downside, if the Fibonacci 0.888 level and PDL are breached, XRP could slide towards the Fibonacci 0.786 level. Such a move might indicate a false breakout from the Blue Channel, potentially forming a bear trap. Analysts speculate that this scenario could coincide with Bitcoin’s retest of $70,000, adding another layer of complexity to XRP’s trajectory.
Market Performance and Outlook
As of press time, XRP is trading at $2.41, reflecting a 3.65% gain in the last 24 hours and a 2.43% increase over the past week. With a 24-hour trading volume exceeding $3.87 billion, the market remains highly active. XRP’s circulating supply of 58 billion gives it a robust market capitalization of $139.66 billion.
Technical indicators offer additional insights into XRP’s momentum. The Relative Strength Index (RSI) sits at 50.52, indicating a neutral stance. If RSI rises above 60, it could confirm stronger bullish momentum.
Moreover, the Moving Average Convergence Divergence (MACD) histogram is showing a small positive value of 0.01109, hinting at an emerging bullish crossover. A more definitive upward movement would occur if the MACD line crosses above the signal line with increasing momentum.
