XRP Price Surges Past $3.20, Eyes $3.35 Breakthrough
XRP price jumped over 10% on the hourly chart, breaking above the bearish trend line at $3.288 and key resistance levels at $3.20 and the 100-hour Simple Moving Average. The token formed a base around $3.15 before reaching an intraday high near $3.38, signaling strong bullish momentum.
XRP price’s immediate resistance lies at $3.40 and $3.45, with a key barrier at $3.50. On the downside, support zones are at $3.30, $3.25 (50% Fib level), $3.20 (61.8% retracement) and $3.15, followed by a critical floor at $3.00. Technical indicators reinforce the positive outlook: the hourly MACD is in bullish territory and the RSI holds above 50.
Traders will watch these resistance levels and support zones to gauge potential continuation or pullback. A sustained move above $3.42–$3.45 could unlock further gains toward $3.62 and $3.75, offering entry points for momentum strategies. Conversely, a drop below $3.25 might prompt short-term consolidation.
Bullish
XRP price has broken multiple resistance levels and formed a solid base, with technical indicators such as the MACD and RSI confirming strong bullish momentum. In the short term, this could attract momentum traders targeting the next resistance at $3.40–$3.45 and potentially $3.50 as confirmation of further upside. The defined support zones around $3.25 and $3.15 provide risk management points, reducing downside risk. Over the longer term, sustained trading above these barriers may cement a bullish trend, though failure to hold above key levels could lead to consolidation phases.