XRP has broken through major technical barriers—are bulls ready for a full comeback?

XRP Technical Outlook: 4H Chart Signals Breakout

Looking at 4H analysis, XRP is showing bullish structure after bouncing off the $2.00 psychological level and surging past both the rising wedge pattern and 200-period EMA resistance. The move pushed XRP to $2.19, now acting as a fresh support zone.

Source : TradingView

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The ascending support line—holding since early June—has been respected, while the breakout from the wedge pattern confirms bullish control in the short term. The move was backed by a sharp bullish impulse and solid volume, giving the rally more credibility.

200 EMA Reclaimed – RSI Still Has Room to Run

The 200 EMA on the 4H timeframe (currently near $2.195) has flipped into support, marking a significant structural shift. This is often a key indicator of trend reversal.

The Relative Strength Index (RSI) now reads 60.70, showing strong upward momentum without entering overbought territory. If momentum sustains, XRP has a clean shot toward the next resistance zone.

Key Levels to Watch for XRP

• Resistance Zone: $2.26 to $2.35 – a historically strong supply zone. A clean break above this could send XRP toward $2.50 and even $2.65 in extended targets.

• Support Zone: $2.15 to $2.17 – aligns with the ascending trendline and 200 EMA. A breakdown below this range opens up downside risk to $2.00 and $1.92.

Price Prediction for XRP

• Bullish Scenario: If XRP maintains above $2.19 and breaks $2.35 resistance with volume, it could rally to $2.50, and potentially to $2.65.

• Bearish Scenario: A drop below $2.15 could lead to a retest of $2.00, with further downside risk toward $1.92 if momentum weakens.

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