XRP price is showing signs of bullish momentum as the price continues to hold above the 200-day moving average. The support confluence between the moving average, point of control, and Fibonacci zone signals potential for a rebound toward higher resistance levels.
Summary
- 200-day moving average continues to hold as major dynamic support.
- Accumulation forming near the value area high, indicating renewed demand.
- A break above $3.43 could trigger continuation toward $3.66 and higher levels.
After a volatile decline from the $3.43–$3.66 range, Ripple (XRP) price action has stabilized around the value area high, indicating accumulation and buyer interest. Historically, XRP has shown similar base-building behavior before initiating upward rotations. The 200-day moving average (MA), represented by the red line, has acted as a reliable dynamic support, with the last two retests both leading to strong rallies.
The current setup suggests a similar opportunity may be forming as XRP continues to respect this level while consolidating near the point of control. The question now is whether renewed institutional demand can fuel the next leg higher and sustain this emerging bullish structure.
Ripple price key technical points
- 200-day moving average is being respected as major dynamic support.
- Value area high structure indicates accumulation and potential rotation higher.
- 0.618 Fibonacci retracement aligns with the point of control (POC), creating strong technical confluence.
XRP’s recent pullback found footing near $2.70, where price is consolidating within a high-volume node on the chart. This area coincides with both the 200-day moving average and the 0.618 Fibonacci retracement level, two historically significant levels that often trigger reversals during bullish continuation phases.
From a market structure perspective, XRP has maintained a consistent pattern of forming bases near key moving averages before resuming higher. Each time the price has dipped below the 200-day MA, quick recoveries followed, confirming strong underlying demand. The present formation reflects similar characteristics, suggesting the asset could be preparing for another rotation toward upper resistance levels.
The 200-day moving average remains the key technical pivot. As long as XRP holds above this level, the bullish thesis remains valid. Below it, however, market participants should watch for potential invalidation. The current positioning above the point of control, combined with evidence of absorption at support, implies that sellers are weakening as buyers gradually regain control.
Price targets for the next potential rotation include the $3.43 level, which marks the first resistance and previous structural breakdown zone. A decisive reclaim of this area would likely reintroduce momentum toward $3.66 and potentially higher targets depending on market volume and Bitcoin correlation.
What to expect in the coming price action
XRP remains bullish as long as the price holds above the 200-day moving average. Consolidation within the current range is likely to continue before a breakout occurs.
A close above $3.43 would confirm bullish continuation toward higher resistance, while failure to maintain support may extend consolidation slightly lower before recovery.
