Track XRP Price: Bulls Eye $2.60 as Long-Term Trend Holds

XRP is currently trading at $2.35 with a market capitalization of $138.14 billion and a 24-hour trading volume of $58.62 billion. This digital asset has experienced a daily price range of $2.33 to $2.43, reflecting significant volatility throughout the day amid mixed technical signals. On the 1-hour chart, XRP shows clear signs of a pullback, with a price structure forming lower highs and lower lows. This short-term downtrend indicates that the bullish momentum is weakening, especially as the support level of 2.31 dollars has been tested multiple times. If this level cannot hold, XRP may drop to the $2.20 region. The volume profile supports this cautious outlook, with red volume bars dominating over green in recent sessions, indicating that sellers are dominating the current bullish momentum.

The 4-hour chart also paints a bearish picture, with XRP maintaining a downtrend below the important resistance level of $2.44. This timeframe indicates the potential for a lower high to form, highlighting ongoing weakness in the short term. This currency pair previously peaked near $2.656 before entering a correction phase. Although the large green trading volume preceded the drop—indicating initial interest from institutions—monitoring remains weak, with sellers pushing prices lower. If the closing price falls below $2.30, the next support level to watch will be near $2.20.

However, the daily chart still maintains a more structured bullish outlook despite recent downward pressure. XRP has formed higher highs and lower lows over a broader range, consistent with a weakening uptrend. A daily close above the resistance zone of $2.40–$2.45 with large volume will restore bullish confidence and open the door for a move towards previous highs near $2.60. The key to this scenario is the ability of buyers to hold the support level of $2.30, which remains an important area for future price action.

The oscillators are showing a fairly neutral stance, emphasizing the current hesitation of the market. The Relative Strength Index (RSI) is 52.73389, Stochastic is at 50.66967, and the Commodity Channel Index (CCI) is at 22.90536—all indicating a balanced momentum profile. The Average Directional Index (ADX) at 20.27480 indicates weak trend strength. The Awesome Oscillator recorded 0.22143, also in the neutral zone. However, the momentum indicates negativity, while the moving average convergence divergence (MACD) at 0.07107 shows a bullish signal, implying the possibility of divergence between momentum indicators and the trend. The moving average (MA) shows a mixed outlook but is slightly bullish. Both the exponential moving average (EMA) and the simple moving average (SMA) for the 10-period frame give sell signals, with values of 2.39179 dollars and 2.43053 dollars, respectively, indicating short-term weakness. On the contrary, all other EMAs and SMAs from the 20-period to the 200-period are giving buy signals. This correlation indicates that although short-term pressure is clear, the overall trend remains positive, provided that key supports are maintained. The exponential moving average (200) is at $2.03875 and the simple moving average (200) is at $2.17692, particularly supporting the long-term bullish trend. Bull's opinion XRP continues to show structural price increases on the daily chart, with higher lows and buying interest from institutions laying the groundwork for a recovery. If this asset holds the support level of $2.30 and regains the resistance zone of $2.40–$2.45 with increasing volume, it could continue its upward trend to $2.60 and beyond, reinforcing the long-term bullish momentum. Bear's opinion Although the broader trend is upward, the short-term chart shows significant weakness, with both the 1-hour and 4-hour time frames clearly trending down. Failing to protect the support level of $2.30 could trigger a deeper retreat to $2.20 or even $2.10, confirming the short-term bearish scenario due to the gradual decline and increased selling volume.