XRP trades just below the $3.15 resistance on the 4-hour Binance perpetual chart. This level capped September’s advances and now marks the next decision point. A clean break and hold above $3.15 would open the path to $3.40, then $3.50, with the mapped extension near $3.60. The projection aligns with the chart’s stepped arrows and prior supply zones.
Price built a higher-low structure into this test. It rebounded from the $2.71–$2.76 demand band, reclaimed $2.93, and probed the $3.05 area. Each recovery step converted a former ceiling into support, which typically strengthens trend continuation. Still, the market must absorb resting offers at $3.15 before momentum can carry to the next shelf.
Watch how XRP behaves on the breakout attempt. Strong candles through $3.15, followed by acceptance above that line, would signal continuation toward $3.40. A shallow pullback that retests $3.15 and holds would further validate the move. However, a sharp rejection back below $3.05 would warn of a bull trap and shift focus to $2.93. A loss of $2.93 would put $2.76 and $2.71 back in play.
In short, the map is simple. Hold below $3.15 and the range persists. Break and hold above $3.15 and the upside ladder—$3.40, $3.50, then $3.60—activates.
XRP tests channel break on 3-day chart
XRP/USD sits near 2.97 while pressing the top of a three-day descending channel that resembles a bull flag. A bull flag is a brief downward channel that follows a sharp rise and often resolves higher after resistance breaks. The setup formed after July’s vertical advance and has contained price through August and September. Now candles lean into the upper boundary, which puts the next move at a decision point.
A decisive three-day close above the channel would confirm a breakout and shift focus to overhead shelves near 3.15, then 3.40. With acceptance above 3.15, momentum can extend toward 3.50 and 3.60, which aligns with measured-move logic from the prior leg. Until that close arrives, the pattern remains a consolidation. Therefore, traders will watch for a failed attempt that sends price back to 2.93 support. A deeper slip would expose 2.76 and the channel base near 2.60.
Structure favors continuation because XRP printed higher lows into the latest test and reclaimed the 2.93 pivot on the way up. Yet confirmation still matters. Break and hold above the channel and 3.15 activates the upside ladder. Reject and lose 2.93, and the consolidation persists toward lower supports.
XRP daily RSI tilts neutral-bearish
XRP’s 14-day RSI sits at 46.3, below its signal average at 48.5. This placement keeps momentum under the 50 midpoint and favors range behavior over trend expansion.
Through July, RSI spiked into overbought territory above 70, then rolled over. Since mid-August, readings oscillate mostly between 40 and 55, which matches a consolidating market. Moreover, RSI now tracks under its signal line, so short-term pressure remains modestly negative until a reclaim occurs.
A push back above 50, followed by an RSI cross over the signal line, would mark improving momentum. Conversely, a clean break under 40 would indicate weakening demand and raise the risk of a deeper pullback. At present, RSI shows no clear bullish or bearish divergence against price; swings appear directionally aligned with recent candles.
XRP daily MACD turns mildly positive
XRP’s MACD line has nudged above the signal line near the zero axis, and the histogram just flipped green. Momentum has shifted from negative to slightly positive, but readings remain close to neutral. Therefore, trend conviction is still low.
Earlier, July’s strong expansion pushed MACD far above zero, then August’s unwind drove a deep negative wave. Since mid-September, the distance between the lines has narrowed, reflecting consolidation. Now the crossover near zero suggests an early attempt to rebuild upside pressure.
Follow-through matters. If the histogram expands and MACD climbs decisively above zero, bullish momentum will strengthen. However, a quick slip back under the signal line would restore a neutral-to-bearish bias and keep price in consolidation.
XRP’s Balance of Power (BoP) reads about -0.84, which signals sellers currently control intraday closes versus opens. Because BoP spans from -1 to +1, this print sits deep in negative territory and points to distribution rather than accumulation.
Through the year, BoP has whipsawed between extremes, reflecting a swing-heavy market. Yet today’s drop stands out because it arrives after several near-zero readings in late September and early October. Therefore, pressure has shifted from neutral to defensive, at least short term.
For confirmation, watch two things. First, a recovery back above 0.00 would show buyers absorbing supply; sustained prints above +0.20 would indicate real accumulation. Second, if BoP remains below -0.20 while price tests supports like $2.93 and $2.76, risk of a deeper fade increases.
No clear positive divergence appears versus recent price lows; BoP fell in step with the latest pullback. Thus, momentum evidence leans cautious until BoP stabilizes and crosses back through zero.