Despite the modern Prices fluctuationsXRP remained fixed higher than critical support levels, as technical indicators indicate a possible outbreak. Curd analysts who are closely monitoring the momentum on the daily time frame, especially Relative power index (RSI)It is noteworthy that the XRP bulls regain strength, and pave the way for a potential movement higher than the $ 3.60 sign.
RSI turns into a rise with xrp eyes higher levels
In his latest analyzes on social media X, Crypto Dark Defender market expert male The XRP price structure is Keep stabilizing over the basic support areasWith an increase in the level of $ 2.85 as a pivotal point in the current session. It was previously determined as strong support, it has now turned 2.85 dollars to a resistance barrier.
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The ongoing batch on this threshold can open a path of about $ 3 and beyond, which eventually paves the way for a possible re -test of the weekly resistance line. At the time of writing this report, the price of XRP is $ 2.87, which means that an increase of more than $ 3.60 may represent a significant increase in more than 25 %.
On the daily chart, complete XRP A. ABC corrective patternWith the last bounce of the 2.74 dollar level represents the beginning of a new upward wave. The RSI index started heading up Conditions for saleSignal to renew the purchase of momentum. This upscale difference enhances the issue of a Possible gatheringProvided that the price maintains its feet higher than the levels of 23.6 % and 38.2 %.
Currently, momentum indicators indicate that the next goal of XRP lies in the region $ 2.85 and $ 3, with the possibility of a stronger increase if the size supports this step. Dark Defender’s analysis confirms that although XRP work remains a price Slow and uniformityIts structure still corresponds to the upscale technical signals, which enhances the expectations of more upward trend in the short term.
Analyst indicates a warning as XRP exchange reserves
Jurij Miller’s encryption analyst Declare On x that XRP Exchange Reserves It has risen to the highest level for a year-which is often explained as a sign of Pressure. Acute reserve increases usually indicate that more symbols are transferred to central platforms, with investors ready to filter.
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The Cryptoquant chart reveals a clear difference between XRP exchanges and price procedures. While the cryptocurrency is combined about 2.7 to $ 2.9, the sharp rise in reserves reflects The increasing caution among investors. Historically, similar trends preceded price corrections, and XRP previous collapse From the level of $ 2.74 confirms that the declining momentum was not completely dissipated.
According to Meller, the increase in reserves provides a major risk in September. While some Technicians prefer family outbreakThe heavy width of the stock exchanges can gain premature gains, stopping any meaningful gathering. Without increasing demand for absorption of flows, Miller argues that XRP recovery for $ 3 or higher is still unlikely.
Distinctive image from Getty Images, Chart from TradingView.com
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