What the XRP Chart Is Showing
The recent move looks less like the start of a powerful breakout and more like a corrective ABC structure. Price topped out exactly where you’d expect a C-wave to end, and that rejection is a red flag.
On top of that, bearish divergence has now appeared on the 4-hour chart. This means momentum isn’t keeping up with price action, a classic sign that upside pressure is fading.
On the 1H RSI, XRP price is testing its support trendline. If it holds, a bounce could still happen. But if it breaks lower, it opens the door to more downside testing before the bigger rally can take shape.
Key Levels to Watch
The levels to watch are clear. $2.79 is the first important support, lining up with the 0.5 retracement, while $2.58 is even more critical as the 0.618 retracement. A bounce from either of these levels could provide the fuel for XRP price to finally make another run at $3.
The danger zone is if $2.58 breaks. That would invalidate the bullish market structure and cast serious doubt over the broader outlook.
For now, the bullish case survives as long as XRP avoids making a new low under $2.69, but hesitation around resistance keeps pointing to the need for more consolidation first.
Moreover, momentum indicators continue to paint a cautious picture. The bearish divergences mean buyers are running out of steam. This is why traders are watching Bitcoin price closely for confirmation.
If Bitcoin strengthens, it could provide the alignment XRP needs to turn the corner. Another important clue will be bullish divergence on the next move down. If that appears, it could mark the moment sellers are exhausted and XRP is ready to push higher.
XRP Price Short-Term Outlook
In the short term, XRP is likely to test its support again before any serious breakout attempt. The path forward depends on how the price reacts at $2.79 and especially at $2.58.
If those levels hold, XRP price could finally gather the strength to take out $3 and aim for higher targets like $3.25. But until resistance breaks cleanly and momentum flips, the warning signs are clear: XRP may need to absorb more pain before the rally everyone is waiting for begins.