
Jakarta, Pintu News – XRP, a cryptocurrency known for its transaction speed, has recently shown significant gains. After successfully breaking through the $2,920 resistance, the price of XRP is now undergoing a correction. However, further analysis suggests that the strong support at the current price level may encourage further gains.
XRP managed to maintain its position above the $2.8320 level and started a new upswing, outperforming Bitcoin and Ethereum . This rise took the price past some important resistance levels such as $2.950 and even $3.00. The price peak was recorded at $3.0365 before it started to correct.
This correction saw the price drop below the 23.6% Fibonacci retracement level of the last bull run that started from a low of $2,794 to a high of $3,036. Additionally, there was also a break in the bullish trend line that has support at $2.9650 on the hourly chart of the XRP/USD pair. Despite the decline, the price is still holding above $2,920 and the 100-hour simple moving average.
Also Read: Solana (SOL) Strengthens, Can the Trend Continue in September 2025?

If the buyers can hold the support at $2,920, there is a chance that the price will try to rise again. In this scenario, the price might face resistance near $2,980. The first major resistance is near $3,00. If the price manages to break this resistance, the next move might be towards $3.0350, and then to the $3.120 resistance. The next major resistance for buyers may be near $3,150.
Conversely, if XRP is unable to break the $3.00 resistance zone, the price may continue to fall. Initial support on the downside is near $2.9350. The next major support is at $2,920 or the 50% Fibonacci retracement level of the last rise.
In case of a downward break and close below the $2,920 level, the price may continue to decline towards $2,860. The next major support lies at the $2,850 zone, where if the price drops below this, the bearish momentum might increase.
The hourly MACD indicator for XRP/USD is now starting to lose momentum in the bullish zone. Meanwhile, the hourly Relative Strength Index (RSI) for XRP/USD is near the 50 level, indicating a balance between buyers and sellers. The key supports lie at $2.9350 and $2.920, while the key resistance levels are $2.980 and $3.00.
Although XRP experienced a correction from its recent peak, the strong support at current levels offers a solid basis for further upside potential. Investors and traders should keep an eye on the mentioned support and resistance levels to take informed decisions in their trades.
Also Read: ALtcoin Flock (FLOCK) Price Surges 219% After Listing on Coinbase & Upbit!
Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today’s solana price, pepe coin and other crypto asset prices through Pintu Market.
Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.