XRP Price Watch: XRP Holds Steady, But Is a Big Move Coming?

CN
18 hours ago

Looking at the 1 hour XRP chart, a near-term upward bias materialized as XRP charted rising minima below the $2.54 barrier. Tenacious demand at $2.45 per XRP established a launchpad for upward potential. Transactional cadence highlighted gathering activity, with buy-side participation amplifying during upswings. A conclusive breach of $2.54 with vigorous participation may fuel an advance toward $2.60; conversely, losing $2.45 risks emboldening bearish forces.

XRP Price Watch: XRP Holds Steady, But Is a Big Move Coming?

XRP/USDT 1H chart via Binance on March 5, 2025.

After a vigorous climb from $1.95 to $3.00, the four-hour timeframe shows XRP settled into a $2.40–$2.60 band, mirroring collective uncertainty. Though retracements drew buyer resolve, overcoming the $2.60 hurdle remains essential to rekindling upward ambition. A breakdown below $2.40, however, may accelerate declines toward $2.20.

XRP Price Watch: XRP Holds Steady, But Is a Big Move Coming?

XRP/USDT 4H chart via Binance on March 5, 2025.

The daily XRP chart or the broader framework leans constructive, with prior peaks near $3.20 and current support anchored at $2.40—a historical foothold. Yet dwindling transactional vigor implies a demand for reinvigorated investor commitment. Surmounting $2.60 could reignite a challenge of $3.00, while forfeiting $2.40 per XRP might amplify corrective momentum.

XRP Price Watch: XRP Holds Steady, But Is a Big Move Coming?

XRP/USDT 1D chart via Binance on March 5, 2025.

Oscillators conveyed equipoise: the relative strength index (RSI) (49.58), Stochastic oscillator (45.85), commodity channel index (CCI) (-8.40), and awesome oscillator (AO) (-0.06) all signaled ambivalence. The moving average convergence divergence (MACD) (-0.05) and momentum (10) (-0.08), however, hinted at XRP’s latent bullish energy.

Moving averages show contradictory signals surfaced: XRP’s exponential moving averages (EMAs) (10-day: 2.44; 20-day: 2.47; 100-day: 2.30) and simple moving averages (SMAs) (10-day: 2.35; 30-day: 2.48; 200-day: 1.56) bolstered optimism. Yet exponential moving averages (EMAs) (30/50-day: 2.51) and simple moving averages (SMAs) (20-day: 2.50; 50-day: 2.71; 100-day: 2.50) posed as obstructions. Ultimately, XRP’s guarded bullish narrative depends on overpowering pivotal resistance zones.

Bull Verdict:

XRP holds above $2.45 with buyers accumulating; a breakout above $2.54 could trigger a move toward $2.60 and beyond.

Bear Verdict:

Failure to break $2.54 resistance and a drop below $2.45 could invite selling pressure, potentially pushing XRP toward $2.30 or lower.

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