Market Overview for Ripple (XRPUSDT) on 2025-07-19

• Ripple (XRPUSDT) traded in a tight range today, with price oscillating between $3.3492 and $3.4792.
• A bearish divergence appeared in the RSI during the late ET afternoon, signaling potential downward momentum.
• Volatility expanded in the early morning hours, with price breaking above prior resistance at $3.4563.
• Volume surged during the 15-minute candle at 00:45 ET, confirming a key breakout attempt.
• Bollinger Bands showed a recent contraction before the price action intensified, suggesting a breakout was likely.

Ripple (XRPUSDT) opened at $3.3686 on 2025-07-18 12:00 ET, reached a high of $3.4792, and a low of $3.3492, closing at $3.3923 on 2025-07-19 12:00 ET. Total volume was approximately 161,880,000 XRP, with a notional turnover of around $551.7 million for the 24-hour window.

Structure & Formations

Price action on the 15-minute chart showed a clear consolidation pattern before a bullish breakout attempt around 00:45 ET. The price then formed a small bearish engulfing pattern at the top of the breakout, suggesting a reversal could be forming. A key support level appears to have been tested at $3.4008, which held during the afternoon.

Moving Averages

Short-term momentum, as indicated by the 20-period and 50-period moving averages, showed a bullish crossover in the early morning hours, reinforcing the breakout. However, the 50-period line has since started to flatten, indicating potential weakening in the upward trend. On the daily chart, the 50-period MA appears to be acting as a dynamic support, currently at ~$3.38.

MACD & RSI

The MACD line turned negative in the late ET afternoon, signaling a potential bearish shift. RSI, meanwhile, peaked above 65 early in the morning and has since declined, suggesting overbought conditions are unwinding. A bearish divergence in RSI during the late ET afternoon may hint at a near-term pullback.

Bollinger Bands

Volatility was relatively low for most of the day, with Bollinger Bands narrowing in the early morning hours. A breakout above the upper band occurred at 00:45 ET, followed by a retest and a pullback. The price currently sits near the middle band, suggesting a neutral to slightly bearish tone for the near term.

Volume & Turnover

Volume spiked during the 00:45 ET candle, coinciding with the breakout above $3.4563, confirming the move. However, volume has since declined, indicating weaker follow-through. Notional turnover also dipped after the breakout, suggesting reduced conviction in the bullish move.

Fibonacci Retracements

Applying Fibonacci retracement levels to the 15-minute swing from $3.3492 to $3.4792 shows key levels at 38.2% (~$3.435) and 61.8% (~$3.416). The price has tested both levels, currently hovering near the 61.8% retracement, which may offer support in the short term.

While XRPUSDT may find support near $3.4008 in the coming hours, bearish momentum could continue unless volume picks up to confirm a rebound. Investors should remain cautious of further pullbacks or a test of the $3.3764 level.