XRP (XRP-USD) is clawing its way up the charts, but if it wants to dance above $3 again, it’ll need to exorcise one final ghost: the 200-day simple moving average at $2.36 — a level that’s proving more a grave marker than a launchpad.
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Price action remains coiled just under $2.30, stuck in a purgatory zone that analysts say must flip into support for a clean breakout. XRP currently trades at $2.29, up 0.9% over the past 24 hours. The road to $3 is there, but it’s paved with resistance and haunted by past failures.
XRP Faces One Final Gatekeeper at $2.36
After weeks of tight consolidation and a series of higher lows, XRP has finally reclaimed the key breakout zone between $2.20 and $2.30. That range also happens to sit right where the 50-day SMA ($2.22) and the 100-day SMA ($2.20) intersect — making it a classic confluence zone for bullish continuation.
But the real test is still ahead. The 200-day SMA at $2.36 looms as the final barrier that bulls must flip if they want to revisit the long-abandoned $3 handle. Historically, this line hasn’t just acted as resistance, it’s been a kingmaker. The last time XRP crossed above it in November 2024, the price rallied 430% to hit $2.90 in just over a month.
That kind of breakout energy isn’t easy to summon twice, but the setup is starting to rhyme.
Analysts Say Momentum Is Coiling, Bulls Are Circling
According to analyst CasiTrades, XRP is sitting at the “apex” of multiple trendlines, just below resistance at $2.30. The convergence of the 50-day and 100-day SMAs at this level adds fuel to the narrative. “We’re now sitting just below $2.30, our local resistance. Once this level breaks, the next likely targets are $2.69 and $3.04,” she wrote on X.
Pseudonymous chart-watcher Dom echoed the call, pointing to XRP’s price above the Volume Weighted Average Prices (VWAPs) and the 160-day downtrend line. “This is the exact momentum bulls need to aggressively show up, and it can send [XRP] to the $2.40s,” he said.
Translation: the setup is charged. Now bulls just have to pull the trigger.
XRP/BTC Breaks Downtrend, Adds Firepower to the Move
Beyond USD charts, XRP is also showing strength relative to Bitcoin, a sign that altseason sentiment could be revving up. On Sunday, the XRP/BTC pair broke above a multi-month descending trendline that had capped upside since March. A successful retest of that line could confirm a long-awaited trend reversal.
Even more compelling is the bullish divergence on the RSI. While the XRP/BTC pair made lower lows between May and July, the Relative Strength Index rose from 28 to 55, signaling growing buyer momentum beneath the surface. These kinds of divergences often mark the end of downtrends — and the start of serious upside.
If XRP/BTC clears 0.000022, analysts expect as much as 70% upside, which would likely drag XRP/USD above the long-lost $3 level in the process.
Break $2.36 or Stay Buried Below $3
XRP has all the technicals lining up: bullish divergences, trendline breaks, and volume-backed climbs above key moving averages. But none of it matters unless bulls can close above $2.36, the 200-day curse that’s held back rallies before and could smother them again.
Until that line gives way, $3 remains more myth than milestone — a memory carved in a $2.30 tombstone, waiting for someone to lift the lid.
At the time of writing, XRP is sitting at $2.2937.
