XRP Forecast Shows Buyers Gaining Momentum

XRP is showing strong momentum as buyers take the lead, suggesting a potential continuation of its recent upward trajectory. With the cryptocurrency experiencing notable gains, market analysts are closely monitoring price activity for signs of sustained bullish action.

Over the past 24 hours, XRP has emerged as one of the top-performing digital assets, surging approximately 7%. This upswing highlights renewed optimism among investors, as increased demand steadily pushes prices higher. However, short-term technical movements suggest that caution may still be needed for the near future.

Looking at the hourly chart, the XRP/USD pair broke below the local support level of $3.2704. If XRP closes the daily candle around current levels or dips lower, the correction phase could draw prices further down toward the $3.15 zone. This area is now viewed as a critical support zone, and how price behaves around this level will provide insight into the asset’s next steps.

Despite these short-term fluctuations, the mid-term trend continues to show constructive signs. On the daily timeframe, XRP briefly moved past the previous peak at $3.333, but ultimately failed to maintain that level, resulting in a false breakout pattern. This suggests that although bullish pressure exists, bears are still actively defending key resistance points.

Zooming out to the weekly perspective, market participants are paying special attention to how the candlestick closes by the end of the week. Should XRP conclude the week above the $3.33 threshold without forming a long upper shadow, traders may interpret this as a legitimate sign of strength. In that case, the next target would likely be the resistance area around $3.66, offering further upside potential.

At the time of writing, XRP is trading at approximately $3.2394. Market dynamics appear favorable for the bulls, yet they remain dependent on continued volume and confirmation of support at previously contested levels. If selling pressure fails to intensify, the digital asset may benefit from a stable base to push higher in upcoming sessions.

Overall, XRP’s current behavior reflects a tug-of-war between bulls and bears. While buyer sentiment is dominant for now, the sustainability of this trend hinges on how XRP performs near these technical thresholds. A reaffirmation above $3.33 in conjunction with healthy market activity could set the tone for another advance, while failure to hold support near $3.15 may extend the correction cycle.

As market conditions continue to evolve, XRP investors are encouraged to stay attentive to chart patterns and supporting indicators. With volatility still a defining trait of the cryptocurrency sector, disciplined analysis remains key to navigating both short-term corrections and long-term breakouts.

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

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