XRP News Today: XRP/USOIL Holds Above Key Level Signaling 3.5 Gain Potential

Traders are closely monitoring the XRP/USOIL pair following a confirmed retest above a key support level, signaling potential for a 3.5% gain. The pair’s breakout and subsequent retest have been analyzed as a strong continuation pattern, offering validation for further upward movement [1].

The retest occurred within a horizontal support band that had previously functioned as resistance. Historical price behavior shows repeated rejection of upside attempts in this zone, marked by multiple peaks and pullbacks. However, in the current scenario, price action has remained above the level, forming a consolidation pattern before a potential continuation. This development has been interpreted by analysts as a sign of strong buyer interest and a possible shift in market sentiment [1].

Green arrows on the chart highlight prior bounce points from the same support, reinforcing its significance. The breakout above the resistance band was followed by a textbook retest, a signal traders typically watch for in continuation setups. Red arrows further emphasize multiple failed attempts earlier in the year to breach the level, which now adds weight to the current bullish bias [1].

According to Dom, a market analyst, the next stage for XRP/USOIL begins when the chart enters a price discovery phase. This refers to market conditions where new highs are reached without historical resistance levels limiting gains. A 3.5% move from current levels could place the pair in uncharted technical territory, allowing market forces to determine its valuation without legacy price barriers. This phase would signify a shift from consolidation to active trend development [1].

Chart structure indicates a recent ascending leg into the retest, following an extended period of sideways movement. This suggests that buying pressure may still be in play. The short-term upper trendline remains a key resistance to clear for further confirmation of upside momentum. Volume data, though partially affected by a VWAP error, still shows heightened interest during the breakout, a metric traders use to distinguish between sustained trends and short-lived spikes [1].

From December 2025 to mid-2026, XRP/USOIL traded within a defined range, bounded by resistance near 0.0385 and support around 0.0250. Multiple reversals occurred within this channel before the breakout. The recent price surge from the lower boundary to the upper range was sharp and with minimal retracement, followed by a structured retest—a critical indicator of breakout validity [1].

Technical setups suggest that staying above the retest zone preserves bullish momentum. However, the 3.33 range is seen as a potential short-term obstacle before the price discovery phase begins. If the anticipated phase unfolds as projected, the question for traders becomes whether XRP/USOIL is entering a sustained trend phase or experiencing a temporary spike [1].

Source: [1] XRP/USOIL 3.5 Gain as Retest Holds Above Level (https://cryptonewsland.com/xrp-usoil-3-5-gain-as-retest-holds-above-level/)