- XRP’s hourly chart forms a golden cross, showing rising short-term strength amid steady price action.
- Volume spikes on September 1 and 3 back up shifts in trend, adding confidence to cautious traders.
- Price stays steady between $2.70 and $3.05, setting up for either a breakout or a drop.
XRP is trading at $2.80 with over $5.2 billion in volume in the last 24 hours, down 1.32% today. Despite the recent dip, hourly charts show moving averages crossing, suggesting momentum is building and a breakout from the narrow $2.70–$3.05 range could be near.
Golden Cross Brings Hope for Buyers
On XRP’s hourly chart, there’s a golden cross—where the short-term moving average moves above the longer-term one. The gray line (probably the 9-period MA) has crossed the orange line (26-period MA) a few times this week, showing changing momentum. The latest crossover hints at growing buying interest and a possible uptrend.
The price has been stuck in a tight range, closing recently at $2.84 with just a small 0.05% gain. This shows the market is uncertain for now but could break out if the trading volume picks up.
Volume Spikes Support Trend Changes
Volume data shows key moments when traders became active, especially on September 1 and 3, when green spikes line up with price increases. These bursts of volume strengthen the idea that momentum is picking up, as buyers react to technical signals. Meanwhile, periods of low volume show when the market is waiting and watching for a clearer direction.
The mix of volume and moving average crossovers gives traders reason to be hopeful but cautious. XRP is at a tipping point—breaking above resistance could start a new rally, but failing might mean prices test lower support.
Price Stays in a Tight Range
After a big drop before August 29, XRP has been moving sideways as it tries to get stronger. The price is between $2.70 and $3.05 shows buyers and sellers are in a standoff , waiting for clear signals before making their next move.
This kind of pause is normal after big drops for it gives the market a chance to catch its breath. Traders keep a close eye on these quiet moments because they often lead to big moves once the price breaks.
