- XRP shows a bullish divergence on the 4-hour chart, hinting at a possible trend reversal.
- Resistance at $2.22 remains a critical breakout point; RSI nearing overbought levels.
- MACD crossover and narrowing price range suggest momentum is building but unconfirmed.
Ripple’s currency, XRP, has in the recent past shown signs of a likely bullish trend following a clear bullish divergence on the 4-hour time frame. The divergence occurs between price action and the Relative Strength Index (RSI) and is an indicator that momentum change is likely.
While the token currently trades at $2.24, just shy of a modest resistance at $2.22, technical charts indicate a short-term breakout is on the horizon—though the market is proceeding with caution in the wake of tight price action and low volatility over the past few weeks.
Bullish Divergence Suggests Possible Trend Reversal
According to the recent chart data on Binance, XRP formed lower lows in price but the RSI formed higher lows. The divergence is generally an indication of a weakening downtrend and potential price reversal.
The 4-hour RSI has also rebounded above 59.00, which may indicate building buying interest. Such divergence patterns are generally interpreted by traders as early indications of a trend reversal, especially if supported by volume or momentum indicators.
Technical Indicators Point to Cautious Optimism
Alongside the RSI hinting at potential strength, the MACD on the 1-hour chart has also shown a mild bullish crossover. The MACD line has edged above the signal line, suggesting early signs of upward momentum, though the signal remains relatively weak for now. Traders noted that the MACD histogram is beginning to turn green, and this suggests potential bullish momentum. These are positive signs but are very weak and are open to confirmation in terms of volume as well as sustained price action.
Source: TradingView
The RSI on the hourly chart has touched 73.63—entering overbought territory. This may suggest that while momentum is currently positive, the asset could face short-term selling pressure unless backed by a solid breakout.
XRP Consolidates Between Key Levels Amid Cautious Optimism
XRP has seen a relatively modest rise of about 1.2% in the past 24 hours, fluctuating within quite narrow limits between $2.17 and $2.22 over that time. Analysts identified the support zone just below $2.17, and the nearest resistance level at $2.22. A clear move above $2.22 could open the path toward higher resistance zones, but failure to break above may lead to a retest of the $2.17 support.
Though XRP shows technical signs of recovery, broader market conditions remain a factor. Sentiment across the crypto space has been neutral, with no significant macroeconomic catalysts in play. Until stronger market volume confirms this divergence, analysts suggest watching for consolidation between the $2.17–$2.22 range.
Overall, while XRP looks bullish right now, some important resistance points and overbought levels call for more confirmation before the trend accelerates.
