XRP Forecast: Will Ripple Hold Support or Fall Further?

XRP has recently faced significant resistance following its impressive surge, placing the focus keyword XRP in the spotlight once again. After reaching a new all-time high, Ripple’s native token is undergoing a correction, raising questions about its near-term stability.

Last week’s rally saw XRP catapult from $2 to a peak of $3.6 in just two weeks, an explosive move that reignited bullish sentiment across the market. However, the climb was halted at the $3.6 threshold, a key resistance level where sellers quickly stepped in. This triggered a retreat in XRP’s value, with bears attempting to push the price lower.

Support Levels to Watch: XRP is currently eyeing two key support zones: $3.4 and $3. If selling pressure continues, these levels could become the next decisive battlegrounds. A fall below $3.4 may indicate a deeper retracement to $3, which would be psychologically and technically significant for market participants.

Resistance Halts XRP’s Upward Momentum

The aggressive bullish trend earlier in the month has now met resistance. After testing the $3.6 level, XRP was unable to break through. This resistance has now effectively turned into a barrier for further gains—at least temporarily. Should buyers regain control, a strong break above could target the next psychological milestone at $4.

The current pullback reflects both a cooling-off period and increased caution from buyers. Reduced volume near resistance and increasing sell orders suggest that the rally may need a new catalyst or consolidation before another attempt at upward momentum.

Underlying Momentum Still Bullish

Despite the short-term decline, technical indicators argue in favor of a continued bullish backdrop. Notably, the weekly MACD—a tool used to gauge longer-term trend strength—has recently completed a bullish crossover. This occurred two weeks ago and remains intact today, signalling that underlying momentum is still favorably aligned with the bulls.

The MACD histogram also lends further support to this analysis by showing a rising pattern, which typically reinforces the notion that buying pressure is gradually building. As long as the MACD continues this upward trajectory, XRP’s broader trend remains constructive.

RSI Warnings Suggest Cooling Phase

In contrast to the MACD, the Relative Strength Index (RSI) is flashing more cautious signals. Currently positioned in the overbought territory, the RSI is reflecting buyer exhaustion that has developed over the past few sessions. A declining RSI typically indicates that bullish momentum is weakening and a correction may be imminent.

This scenario aligns with the current price movement as XRP eases back from its high. The overbought RSI suggests that XRP may need to correct further before staging another upward push. A reset of the RSI to neutral levels could give a new window for buyers to re-enter the market with more confidence.

To sum up, XRP remains in a dynamic and sensitive phase. While the recent correction might concern short-term traders, the optimistic momentum indicators on higher timeframes suggest that the digital asset still retains strength for a potential rebound. The $3 and $3.4 support levels will be critical in determining whether bulls can quickly reclaim control or whether bears will drive further losses.

The cryptocurrency market is known for its volatility, and XRP is proving no exception in its current cycle. Present conditions suggest XRP is at a crossroads—clinging to strong support zones but facing meaningful resistance ahead. Whether buyers step back in or sellers double down could shape the next chapter in XRP’s journey.

Related: XRP Price: $12M Max Pain for Bears

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