Ripple (XRP) Surges 3.95% as Bulls Target $3.38 Resistance
The post Ripple (XRP) Surges 3.95% as Bulls Target $3.38 Resistance appeared on BitcoinEthereumNews.com.
Timothy Morano
Sep 18, 2025 11:54
XRP price climbs to $3.13 with strong bullish momentum as technical indicators signal potential breakout above key resistance levels in the coming sessions.
Quick Take • XRP currently trading at $3.13 (+3.95% in 24h) • Ripple’s RSI at 59.63 indicates neutral territory with room for upward movement • Strong bullish MACD histogram signals growing momentum for XRP What’s Driving Ripple Price Today? While no significant news events have emerged in the past week specifically targeting Ripple, the XRP price action reflects broader cryptocurrency market sentiment and technical momentum. The 3.95% daily gain comes as XRP continues to build on its strong year-to-date performance, with the token maintaining a position well above its 52-week low of $1.80. The absence of major negative headlines has allowed technical factors to drive price discovery, with traders focusing on chart patterns and momentum indicators rather than fundamental catalysts. This technical-driven rally has pushed XRP price from its daily low of $2.98 to the current level of $3.13, representing solid intraday strength. XRP Technical Analysis: Bullish Signals Emerge The Ripple technical analysis reveals several encouraging indicators for bulls. XRP’s RSI reading of 59.63 positions the asset in neutral territory, providing significant room for upward movement before reaching overbought conditions. This RSI level suggests healthy momentum without immediate reversal concerns. Ripple’s MACD histogram shows a bullish reading of 0.0238, indicating strengthening upward momentum. The MACD line at 0.0355 trading above the signal line at 0.0117 confirms this bullish divergence, suggesting continued buying pressure for XRP. The moving average structure further supports the bullish case. XRP price currently trades above its 7-day SMA ($3.07), 20-day SMA ($2.94), 50-day SMA ($3.00), and significantly above the 200-day SMA ($2.52). This alignment indicates strong trend momentum across…
Filed under: News - @ September 18, 2025 9:24 pm