XRP Technical Alert: Neutral RSI and Triangle Formation Hint at $3.30 Upside
XRP traded between $2.76 and $2.86 amid ongoing geopolitical and monetary uncertainty. Whales accumulated approximately 340 million XRP ($960M) near the $2.76 lows, signaling strong institutional interest despite broader market selling pressure.
Analysts are split: a breach of $2.76 could target $2.50, while a sustained move above $3.30 may open the path toward $4.00.
Session Recap: XRP opened near $2.79 and closed around $2.82, gaining 2% on the day. The intraday low at $2.76 was quickly defended, with volume spikes exceeding 180M XRP. The token rallied to $2.86, marking near-term resistance, with continued high-volume trades in the final hour confirming institutional participation.
Technical Highlights:
- Support: $2.76–$2.78; secondary levels at $2.70 and $2.50
- Resistance: $2.86; breakout levels at $3.00 and $3.30
- Momentum: RSI mid-50s, neutral-to-bullish
- MACD: Approaching bullish crossover
- Pattern: Symmetrical triangle under $3.00 intact; higher lows suggest growing breakout pressure
Traders are watching: defense of $2.76, sustained closes above $2.86 and $3.00, ETF-related flows, and volume trends to gauge breakout strength.
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