- XRP is structuring itself above $2.20 and is characterizing a bullish flag amidst the growing weekly support.
- RSI divergence on the daily chart signals fading bearish strength and rising accumulation interest.
- Long traders dominate across exchanges, reflecting cautious optimism amid controlled leverage.
XRP still reflects a strong technical position sustained by a long-term growing structure and momentum indicators. Trading information indicates that traders are still in a wait-and-hope mode as the asset gathers momentum above major support levels to enter into a certain breakout stage.
Weekly Structure Indicates Strength Above Long-Term Support
The weekly chart is characterized by XRP steadily increasing along its rising support line, the structure of which remains since the beginning of 2023. This base has served as a platform on numerous occasions where the higher impulses were triggered whenever the price reached lower areas. As of writing, XRP trades near $2.45 after a firm rebound from its lower boundary, reinforcing the idea that buyers continue to defend critical support.
Analyst Alex Clay (@cryptclay) noted that XRP “holds the ascending support and forms a bullish flag,” a combination that often precedes continuation moves. The internalization within this flag structure seems to be almost complete with tightening of price action and volatility becoming slender. The setup would be justified with a close of above $2.60-2.70 and this could lead to a retest of the $3.00-3.20 in the next few weeks.
Strong recovery momentum is still evident through weekly candles which present firm bounces on areas of support. The fact that the selling volume is declining, combined with the fact that this structure has been persistent, will help the argument that the larger bullish cycle is in effect, as long as the price is above $2.20.
RSI Divergence Every Day Confirms New Buyer Momentum.
In the daily period, the XRP has indications of gaining momentum due to the bullish divergence, in the Relative Strength Index (RSI). Prices also shaped off almost equal lows, but momentum indicators started moving up, a classic indicator that selling pressure is waning. This deviation is a timely affirmation that bulls are once again slowly taking over.
The increase of red trendline under latest price movements points to accumulation shift. Buyers have repeatedly supported the $2.10-2.20 zone, which gives the basis of the next step up. In case the price has the capability to hold above $2.55-2.60, it could open short term momentum to the 2.90-3.00 area.
Volume is always a determining factor.A noticeable uptick in buying volume during any breakout attempt would confirm genuine accumulation rather than speculative activity. Without this support, the move may remain contained within the flag pattern temporarily.
Market Data Reflects Constructive Sentiment Among Traders
Despite a 1.14% pullback in the past 24 hours, XRP’s broader trend remains constructive. The asset is up 7.59% over the last week and continues to trade comfortably above its November 5 low of $2.20. Over longer horizons, XRP maintains a year-to-date gain of 17.64% and an impressive 315% growth in the past twelve months — evidence of ongoing investor confidence despite intermittent corrections.
Exchange data supports a bullish bias among traders. Binance’s XRP/USDT pair shows a long-to-short ratio of 2.21, while top traders hold an even stronger 2.79 ratio. OKX records a 1.6 ratio, still leaning toward bullish sentiment. These readings suggest most traders anticipate stability above $2.40 before the next upward leg.
Liquidation data also points to moderate risk exposure. Roughly $4.83 million in long positions were liquidated within four hours — a normal cooling period rather than panic. Controlled leverage and sustained liquidity indicate that traders are managing exposure with discipline while awaiting confirmation of the next breakout phase.
