Key points:
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XRP price requires over $2.20-$2.30 range and 200-day SMA for $2.36 to clear the $3 path.
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XRP/BTC disrupted multiple months of downtrend as RSI showed bullish divergence.
xrp(XRP) Price remained unchanged on Tuesday, down 0.1% over the past 24 hours and traded at $2.26. Analysts highlighted the key resistance levels that must be destroyed on the $3$3 road.
XRP must recover 200 days of SMA
XRP Must Over $2.20-$2.30 range On the daily chart. The 50-day simple moving average (SMA) is $2.22 and the 100-day SMA is $2.20. Afterwards, the Bulls were asked to overcome the $2.36 resistance with a 200-day SMA to target the higher highs at a rate above $3.
Related: XRP signal flashes again before an average drop of 25% in 2025
Historically, flipping a 200-day SMA into support has been a massive rally for XRP prices. For example, the last XRP/USD pair crossed over the 200-day SMA in November 2024 Price is 430% The multi-year high price that arrives by December 3, 2024 is $2.90.
“Momentum is being established, and XRP’s breakthrough is very close!” explain Crypto analyst Casitrades posted on Monday on X.
According to analysts, multiple higher lows, followed by $2.25 support, are “classic bullish continuation signals.” Casitrades said this is the level of the vertices of multiple monthly trend lines and the vertices of 50-day and 100-day SMAs.
“We are now just under $2.30 in local resistance. Once this level breaks, the next possible target is $2.69 and $3.04.”
Make similar observations, pseudo-analyst DOM explain Price trading above A key “breakthrough zone”, Over $2.25, the fusion or volume-weighted average price of all major VWAPs and the 160-day downtrend line.
“This is the exact motivation for the Bulls to appear positively, and it can be sent to $2.40.”
XRP/BTC hopes to snap up several months of downward trend
XRP also shows bullish signs for Bitcoin (BTC). On Sunday, the XRP/BTC pair broke above the multi-month downtrend line of 0.00002065. The line has been a resistance to the couple since March.
Retesting the trendline will confirm the end of the downward trend, clearing the path to the XRP/BTC pair to make it stand out.
XRP’s upside is backed by the growing bullish difference between its XRP/BTC pairs Relative Strength Index (RSI). The figure above shows that the XRP/BTC pair fell between May and July, forming a lower low, while the daily RSI rose from 28 to 55, forming a higher low.
The divergence between price declines and RSI rises often indicates weakness in the low-trend, prompting traders to buy more losses as investor interest increases and sellers run out of sales.
Market analysts expect XRP to continue to surpass XRP against BTC with Mikybull Crypto explain Two people need to overcome the resistance at 0.000022 to confirm the rising space.
“The resistance to breaking this trend line, XRP will be strong.”
As a Cointelegraph Reportan XRP/BTC breakout for symmetric triangles could result in 70% gain, which could also send XRP prices to over $3.
This article does not contain investment advice or advice. Every investment and trading move involves risks and readers should conduct their own research when making decisions.
