XRP Faces $3 Resistance As RSI Neutral, MACD Bullish

XRP performance

Over the past week, XRP has gained nearly 9% and is consolidating near the $3.00 level. Trading activity is strong, with daily volume surging to 273 million tokens, reflecting growing institutional and retail interest.

Source: data.coindesk.com

Support and resistance

XRP’s immediate support lies at $2.975–$2.98. Strong resistance is found at $3.02–$3.04. A successful breakout above $3.04 could pave the way toward $3.20. On the downside, $2.96 and $2.94 remain critical support zones if selling pressure builds.

Technical indicators

The Relative Strength Index (RSI) is hovering around 50–55, indicating a neutral stance without overbought or oversold signals. The MACD histogram is converging toward a bullish crossover, suggesting growing momentum in favor of the bulls.

Fundamental drivers

XRP is also supported by fundamentals. Institutional inflows are averaging around $25 million daily, reinforcing market depth. At the same time, Gemini’s launch of an XRP-rewards Mastercard has boosted retail adoption and enhanced real-world use cases.

Outlook

If XRP breaks above $3.04, it could advance toward $3.20. However, a rejection could send prices back toward $2.96 or $2.94. The longer-term outlook for XRP depends on sustained institutional demand and increased adoption.

Disclaimer: This article is intended solely to provide information and market insights at the time of publication. We make no promises or guarantees regarding performance, returns, or the absolute accuracy of the data. All investment decisions are the sole responsibility of the reader.