- XRP touched $3.40 before pulling back, showing signs of resistance at higher levels.
- Sharp corrections are met with buying pressure, keeping the uptrend intact.
- Volume remains strong, indicating active market participation despite recent price swings.
XRP has been one of the hottest movers in the market lately, climbing from below $0.50 to a peak of $3.40 in just a few months. That’s a wild run for any asset, and naturally, it’s been facing some resistance at these higher levels. The recent pullback to $3.08 isn’t unexpected—it’s the kind of healthy correction that tends to happen when prices rise too quickly. The real question now is whether XRP can maintain its momentum or if it’s due for a more significant cooldown.
Based on how XRP has performed so far in the TradingView chart, it’s clear that bulls are still in the driver’s seat. Every time the price dips, buyers step in aggressively, preventing any deep declines. This kind of price action usually suggests strong demand, with traders seeing every drop as a buying opportunity rather than a sign of weakness. However, resistance around the $3.40 mark is proving to be tough to break, and unless XRP gets a fresh wave of momentum, it might struggle to push higher in the short term.
XRP Still on a Positive Position after SEC
Whenever you see price swings like this, volume becomes a crucial indicator. Right now, XRP is experiencing consistently high trading volume, which means there’s still a lot of interest in the asset. But volume alone doesn’t tell the full story—it’s about what kind of volume we’re seeing. Every major dip has been met with strong buying activity, showing that traders aren’t just dumping their holdings. Instead, they’re reloading at lower prices, which helps sustain the uptrend.
On the other hand, if volume starts to dry up, XRP could struggle to hold its ground. A sudden decrease in activity would signal that fewer buyers are stepping in, making it easier for sellers to push prices lower. For now, though, XRP’s volume suggests that traders are still engaged, keeping volatility high and creating opportunities for both short-term players and long-term believers.
What’s Next for XRP?
At its current price of $3.08, XRP is in a key decision zone. If it can break past $3.40, there’s potential for another leg up, possibly toward $3.75 or even $4.00. But if it fails to reclaim that level, we could see a deeper retracement toward $2.70, where previous support has held strong.
XRP has always been one of the most watched assets in the crypto space, and this time is no different. The strong rally suggests that bulls still have control, but with resistance forming at higher levels, the next few days will be crucial. If XRP can maintain its momentum, we might just see another breakout. But if traders lose confidence, it could be in for a more extended pullback before attempting another run higher. Either way, this is one to keep a close eye on—because when XRP moves, it moves fast.
