XRP is exhibiting signs of bullish momentum as technical indicators point toward potential further gains, with analysts eyeing a decisive breakout above the $3.79 resistance level.
The cryptocurrency currently consolidates near $3.17, suggesting strong positioning for continuation above $3.70. Key technical tools reinforce this optimistic forecast, showing Bollinger Bands tightening with the upper band positioned at $3.79 while the Relative Strength Index (RSI) cooled moderately from 88 to a sustainable 61.
Market observers note that maintaining support above the $3.05-$3.10 zone appears critical for triggering an upward push toward the $3.79 threshold. Should XRP successfully breach this resistance barrier, analysts anticipate a significant price acceleration phase.
The combination of compressed volatility indicators and stabilized momentum metrics creates favorable conditions for XRP’s next potential leg upward.