XRP is drawing significant attention as it edges closer to the critical $2.25 resistance level. the token reached $2.21, reflecting a 1.3% daily gain. With a 24-hour trading volume of $1.32 billion and a market capitalization of over $130 billion, XRP is showing early signs of a potential breakout—if bulls can maintain momentum.

Short-Term Signals: Bull Flag and Buyer Strength

On the 1-hour chart, XRP shows short-term bullish momentum. After briefly touching $2.22, the price retraced slightly, forming a possible bull flag pattern—a common indicator that a rally may continue. Notably, this retracement happened with strong volume support, marked by a large green candlestick. This suggests that buyers are stepping in with confidence.

The key support level to watch is around $2.175. As long as the price remains above this mark and volume returns, a breakout above $2.22 could follow. Traders are eyeing entry points between $2.208 and $2.210, with initial targets set around $2.218 to $2.220. The tight clustering of buy orders in this range supports the bullish case.

4-Hour Chart: V-Shaped Recovery in Progress

XRP’s mid-term outlook looks even more promising. On the 4-hour chart, the token has staged a classic V-shaped rebound from support at $2.067. This recovery has seen XRP challenge the $2.22 resistance level once again. Every time green candles appear, trading volume increases—typically a sign of sustained buyer interest.

If XRP breaks through the $2.22 resistance on this timeframe, the next key zone is between $2.25 and $2.28. With overall crypto market sentiment trending optimistic, such a move could ignite broader upward momentum for the token.

Daily Chart: Higher Lows, Growing Volume, and Fibonacci Support

Zooming out to the daily chart, XRP has transitioned from a bearish trend to a more neutral-to-bullish structure. The token formed a double bottom near $1.908, a classic sign of a potential trend reversal. It has since posted a series of higher lows, another bullish indicator.

Volume has been increasing alongside green candles, confirming growing market interest. Importantly, XRP is now trading between the 0.236 and 0.382 Fibonacci retracement levels—$2.2526 and $2.1867, respectively. If price can decisively break above the 0.236 level, it could act as a confirmation of a broader trend shift toward bullish territory.

Indicator Overview: Mixed, But Leaning Positive

Technical indicators remain mixed but slightly bullish. The Relative Strength Index (RSI) is at 52.34, while the Stochastic Oscillator is at 63.13—both neutral but showing upward potential. The Commodity Channel Index (CCI) at 49.64 and Average Directional Index (ADX) at 14.95 signal a market that’s not trending aggressively yet but could soon pick a direction.

Momentum indicators are sending tentative buy signals. The Momentum Indicator shows a mild bullish bias, while the MACD appears to be on the verge of a positive crossover. The Awesome Oscillator remains slightly negative, suggesting some caution, but the overall trend looks constructive.

Moving Averages: Bullish in the Short Term

Short-term moving averages are mostly bullish. The 10, 20, and 30-period simple and exponential moving averages are all flashing buy signals, supporting the case for continued upside.

However, some longer-term indicators are more cautious. The 50-period SMA, along with both the 100-period EMA and SMA, are showing sell signals. The 200-period EMA remains bullish, while the 200-period SMA sits at $2.3677—above current prices and potentially acting as strong resistance.

Bollinger Bands show that XRP is approaching the upper band, a region often associated with either a breakout or a short-term pullback. The outcome will likely depend on whether trading volume spikes at the right moment.

Bullish Outlook

If XRP can close above $2.22 with significant volume, it opens the door to further gains. A successful breakout would likely drive prices toward the $2.25–$2.30 range. With short-term indicators flashing green and higher lows forming across timeframes, bullish momentum is clearly building.

Bearish Scenario

Despite positive signals, traders should stay cautious. Oscillators are still neutral, and resistance levels remain overhead. A failure to hold support at $2.21—or a sharp rejection at $2.22—could send XRP down to retest $2.13 or even $2.08.

Final Thoughts

XRP is at a critical price level, and market sentiment is turning cautiously optimistic. The key lies in whether bulls can maintain pressure and push past $2.22 with strong volume. If they succeed, the path toward $2.25 and beyond is within reach. For now, traders are advised to monitor key support levels, watch for volume surges, and manage risk carefully.