XRP News Today: XRP Stabilizes Near $2.18 Amid Bullish Signals

XRP is currently trading at $2.18, with a market capitalization of $128 billion. The cryptocurrency has been moving within a tight range of $2.14 to $2.189, indicating a period of accumulation and cautious optimism among traders. The short-term 1-hour chart shows XRP recovering from a recent dip, with bullish candlesticks suggesting that buyers are entering the market. There has been heightened volume near lower price points, which may indicate accumulation by larger market participants or experienced traders. A key pullback entry zone has formed between $2.16 and $2.165, presenting a potential bullish setup that requires confirmation for further gains.

On the 4-hour timeframe, XRP appears to be stabilizing after bouncing from support near $2.08. The cryptocurrency is trading in a narrow range around $2.15 to $2.18, with a noticeable volume spike during the recent dip hinting at strategic buying. An emerging mini ascending triangle pattern could favor bulls if there is a breakout above the $2.185 to $2.19 threshold with good volume. If this breakout occurs, prices could move toward immediate targets of $2.22, followed by a possible push to $2.30.

The daily chart reveals that XRP has been in a defined downtrend since reaching a peak of $2.656. The recent bounce from the $2.10 level has not been accompanied by strong volume, which limits bullish momentum. Support has been tested and held twice around the $2.08–$2.10 area, while resistance sits between $2.30–$2.35, where multiple rejections have taken place. The current structure resembles a bear flag pattern unless buyers can push the price decisively above $2.30.

Technical oscillators are showing mixed signals for XRP. The relative strength index sits at 41.31, suggesting neutral momentum, while the Stochastic oscillator at 24.41 also points to a neutral stance. The commodity channel index stands at −135.43, signaling a potential bullish opportunity from oversold conditions, and the momentum indicator at −0.11576 suggests a positive outlook. However, moving averages tell a different story, with all short to mid-term indicators showing bearish signals. Only the EMA 200 at $2.07677 suggests that the long-term picture may still be bullish, implying that while near-term weakness exists, long-term support remains intact.

For XRP to turn bullish, it needs to break above the $2.19–$2.20 resistance with volume confirmation. If successful, technical structures across all timeframes would support a bullish continuation. Accumulation patterns, the ascending triangle formation, and favorable long-term support levels suggest a possible retest of $2.30 and potentially $2.50 in coming sessions, if buying momentum can be sustained. Without a decisive breakout above $2.20, XRP risks further consolidation or downside. Failure to hold the $2.14–$2.15 range could lead to a retest of the $2.08 support zone.