On the 1-hour chart, XRP demonstrated a bullish trend as short-term momentum indicated continued buying pressure. The relative strength index (RSI) stood at 62, suggesting XRP was approaching overbought conditions but had room for further upside. The moving average convergence divergence (MACD) remained above the signal line, confirming bullish momentum, while the 50-period simple moving average (SMA) acted as support near $2.18. However, a slight decline in trading volume on shorter time frames hinted at potential consolidation before the next breakout.

XRP/USDT via Binance 1H chart on March 2, 2025.

The 4-hour chart provided a broader perspective on XRP’s price action, showcasing sustained upward movement driven by strong support levels. The RSI remained neutral at 58, allowing for continued upward movement without immediate risk of overextension. The MACD histogram showed expanding bullish momentum, reinforcing the positive trend. The 100-period exponential moving average (EMA) provided a solid foundation at $2.12, aligning with previous resistance turned support. Volume trends supported gradual accumulation, suggesting XRP could retest the upper end of its intraday range before facing resistance near $2.30.

XRP/USDT via Binance 4H chart on March 2, 2025.

The daily chart reinforced XRP’s bullish trajectory, with the asset maintaining higher lows and testing key resistance levels. The RSI at 65 indicated bullish momentum without reaching extreme overbought conditions. The MACD remained in a positive crossover, confirming upward momentum. The 200-period SMA provided strong support near $1.98, with price action favoring continuation towards the next psychological barrier at $2.35. Trading volume remained stable, suggesting sustained interest among buyers.

XRP/USDT via Binance 1D chart on March 2, 2025.

Oscillators across multiple time frames supported the bullish sentiment, with most indicators aligning with continued upside movement. The RSI on all observed charts remained in neutral-to-bullish territory, confirming strong momentum. The Stochastic oscillator pointed to possible short-term retracements, but the broader trend remained intact. The MACD’s positioning above the signal line on all major time frames reinforced ongoing buying pressure.

Moving averages (MAs) further validated XRP’s uptrend, with key support levels aligning with longer-term indicators. The 50-period SMA and 100-period EMA held firm across shorter time frames, while the 200-period SMA on the daily chart provided a long-term support base. The confluence of these levels indicated strong bullish sentiment, with a potential continuation toward the next major resistance at $2.35 if buyers maintain control.

Bull Verdict:

XRP’s price action, supported by bullish momentum across multiple time frames, indicates a strong upward trend with potential to test higher resistance levels. The alignment of key moving averages, a positive moving average convergence divergence (MACD), and steady relative strength index (RSI) readings suggest sustained buying pressure. If volume continues to support the trend, XRP could push toward $2.35 and beyond, solidifying its bullish outlook.

Bear Verdict:

Despite XRP’s recent gains, caution is warranted as overbought conditions emerge and volume trends hint at possible consolidation. The stochastic oscillator signals potential short-term pullbacks, and failure to hold key support levels—such as the 50-period simple moving average (SMA) on the 1-hour chart or the 200-period SMA on the daily chart—could trigger a downturn. If selling pressure increases, XRP may retrace toward $2.10 or lower, signaling a weakening bullish trend.

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