XRP Eyes $3.6 as Ripple Builds Bullish Momentum

XRP is gaining traction within the crypto market as Ripple continues to show strong performance against key resistance zones. With a firm focus on the $3.6 level, the digital asset is signaling further bullish activity.

Following a solid recovery from the crucial $3 support level, XRP has entered a pronounced upward trajectory. This move marks a bullish shift in sentiment, pushing the price near the $3.3 mark and positioning it to challenge the upper resistance once again. Market dynamics indicate that Ripple’s native token is regaining strength, with its sights set on a potential breakout.

Support and Resistance Levels

Currently, XRP is supported at $3 and $2.7—two vital zones that have held firm despite past volatility. On the resistance front, the key levels to watch are $3.6 and $4. These thresholds are acting as psychological and technical barriers, with $3.6 also representing all-time high territory that buyers may revisit soon if the momentum sustains.

Uptrend Strengthens as Buyers Return

The recent buying activity has fueled a steady uptrend. After reclaiming support at $3, XRP price action turned positive, reaching highs around $3.3. This upward motion makes it increasingly feasible for the cryptocurrency to retest the $3.6 resistance within the coming days. This renewed momentum suggests confidence among market participants, especially as the asset recovers from earlier pullbacks.

Indicators Point to Continued Bullishness

Technical indicators are echoing this bullish sentiment. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are showing strong formations. The MACD, a tool often used to identify trend reversals and momentum, is trending upwards. Meanwhile, the RSI is registering higher highs, which is typically regarded as a confirmation of accumulating buying pressure.

If XRP can sustain movement above the $3.3 mark, it would significantly enhance the probability of overcoming the $3.6 resistance. Buyers gaining dominance over the price action signals broader market optimism about Ripple’s near-term prospects.

MACD Bullish Cross Signals Breakout Potential

A key development on the daily chart is the potential bullish cross within the MACD. This formation occurs when the shorter-term moving average crosses above the longer-term one, suggesting the onset of a stronger rally. Should this bullish cross materialize, XRP may witness seamless upside movement until encountering heavier selling pressure near $3.6.

In technical terms, such a scenario would offer a clean chart structure, with minimal resistance between current levels and the next significant zone. Unless external shocks disrupt this pattern, the path appears unobstructed for Ripple to surge toward its milestone levels once again.

The overall environment supports an optimistic outlook, provided that market enthusiasm remains high and volume continues to rise. At this stage, XRP’s ability to maintain momentum above its short-term resistance will be key to validating the next leg up in this bullish cycle.

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

Read the original post at Ripple (XRP) Price Predictions for This Week on CryptoPotato.