XRP Eyes Breakout as MACD Turns Green and SRSI Nears Key 80 Threshold

CoinMarketCap
05-12
  • XRP trades near $2.39, with MACD green and SRSI nearing 80—historic signs of major rallies.
  • Holding above $2.25 and breaking $2.41 may pave the way for targets at $2.75 and $3.
  • SuperTrend buy signal and rising volume reflect growing bullish momentum and investor interest.

XRP is trading near $2.39 after recently bouncing from the $2.08 support. Market watchers are closely tracking price action and key indicators, as XRP historically surged 5x within weeks when the MACD turned green and the Stochastic RSI (SRSI) crossed above 80. Attention now shifts to whether the 3-day SRSI will confirm the 80 cross again.

XRP Price Tests Resistance Zones as Weekly Structure Remains Bullish

According to analysis prepared by Dark Defender via X, XRP has broken above the $2.25 resistance level on the hourly chart and is holding near $2.37. This area is considered critical, as it coincides with multiple Fibonacci retracement levels and has acted as resistance since January. 

Source :Dark Defender(X)

XRP previously rebounded sharply from $2.08, forming a higher low and confirming bullish momentum. Traders continue watching the $2.41 zone, which has acted as short-term resistance. 

https://twitter.com/jaydee_757/status/1921359375245148499

According to observations by EGRAG CRYPTO, XRP needs to hold above $2.25 and break past $2.41 to aim for $2.75 and $3 targets. The RSI has been climbing on higher timeframes and remains close to overbought territory. However, continued volume and market strength suggest buyers are still in control.

Momentum Indicators Strengthen as Bulls Watch for SRSI Confirmation

The MACD indicator has turned green, and the SRSI is approaching the critical 80 mark on the 3-day chart. In the past, a similar setup led to a 5x increase in XRP within weeks. Traders are now waiting for the SRSI to cross and close above 80 to confirm bullish continuation.

Source :Ali Charts(X)

Meanwhile, the SuperTrend indicator has flashed a fresh buy signal, according to Ali Charts via X. XRP is also supported by growing trading volume and positive market sentiment, as investor interest rises following the recent U.S.–China trade discussions and Donald Trump’s pro-crypto tone. As long as XRP holds above $2.25 and avoids slipping below $2.14, the bullish setup remains valid.

The post XRP Eyes Breakout as MACD Turns Green and SRSI Nears Key 80 Threshold appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

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