XRP has shown signs of stabilization after a notable upward trend, and current indicators suggest that another upward leg may be in store before any significant correction.

Technical Outlook: XRP vs USDT

In its trading pair with USDT, XRP has been moving sideways within a symmetrical triangle pattern, just underneath the top boundary of a rising channel that has dominated the chart in recent months. This type of pattern carries potential for a breakout in either direction, so traders are keenly watching for a decisive move.

Encouragingly for bulls, XRP is hovering above both the 100-day and 200-day moving averages, which recently experienced a bullish crossover — often seen as a precursor to upward momentum. Should this setup hold, a breakout to the upside could push prices beyond both the triangle and the channel. Alternatively, if XRP slips below these key moving averages, bearish sentiment may re-emerge, with a downside target potentially landing around the $2.10 support zone.

Technical chart of XRP/USDT showing a symmetrical triangle formation signaling a breakout scenario.

Price Movement: XRP vs BTC

Looking at XRP’s chart against Bitcoin (BTC), a similar consolidation pattern is playing out. The token recently broke out of a descending channel and is now comfortably above the 100-day and 200-day moving averages. However, unlike the USDT pair, the moving averages here haven’t crossed in a bullish manner yet, suggesting the uptrend may still be gathering strength.

Despite this, as long as XRP trades above the 2,400 SAT support level, the outlook remains cautiously optimistic. If buying momentum continues to develop, an upward move toward the 3,000 SAT mark is likely. There’s even potential for a test of the 3,400 SAT resistance zone if bullish sentiment intensifies.

XRP/BTC analysis indicates potential for an upswing toward key resistance levels if support holds.

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

As XRP continues to consolidate across major trading pairs, both technical indicators and support zones are laying the groundwork for a possible short-term rally. Traders should keep a close eye on price behavior near moving averages and support levels to gauge the direction of the next major move.