Ripple’s XRP is back in the spotlight, posting a 4% intraday gain to reach $2.16, supported by strong market activity and a 24-hour trading volume of over $3.1 billion. The move reflects renewed optimism across the broader crypto market—but for XRP bulls, the next test is just ahead. Ripple now faces a key technical barrier at $2.23, marked by the 50-period Exponential Moving Average (EMA) on the 2-hour chart. This level has previously capped upside momentum and will likely determine whether the current rally has legs. From a price action perspective, the recent rebound from $2.06 offers short-term encouragement. However, the Relative Strength Index (RSI) remains muted at 44.57, suggesting momentum is not yet on the bulls’ side. If XRP can break above $2.23 with conviction, it could open the door to the next resistance zones at $2.29 and $2.38—areas where sellers have historically stepped in. That said, the broader trend remains technically fragile. A descending trendline from mid-March continues to suppress higher moves, underscoring the need for a confirmed breakout to shift sentiment meaningfully. Long-Term Fundamentals Remain Constructive While technicals remain mixed , Ripple’s fundamentals are showing signs of stability . The number of Ripple wallets holding over 1 million tokens—a proxy for whale activity—has stayed relatively stable. As of March 29, there are 1,986 such wallets, only slightly down from 2,013 earlier in the year. Despite the minor drop, the resilience of this metric during turbulent market conditions reflects long-term conviction among high-stake holders. These wallets often represent institutional or strategic investors, suggesting that the recent pullback hasn’t triggered widespread panic selling. Instead, it may signal ongoing accumulation at key support zones. Ripple’s push to expand its On-Demand Liquidity (ODL) platform continues to enhance its utility in cross-border payments, adding fundamental value to the token. $XRP just bounced from $2.06 to $2.16—but here’s the catch: RSI = 44.57 (weak momentum) Descending trendline still in play $2.23 = key resistance (50 EMA) Breakout above = $2.29/$2.38 next What’s your call? pic.twitter.com/KHV5VKViBt — Arslan Ali (@forex_arslan) March 30, 2025 Meanwhile, the market is also eyeing a potential catalyst: the nearing conclusion of Ripple’s legal battle with the SEC. A favorable ruling could not only remove legal uncertainty but also pave the way for XRP’s relisting on U.S. exchanges, unlocking fresh capital inflows. Key Levels to Watch For now, XRP’s short-term outlook hinges on how price action reacts to key levels: $2.23 – Immediate resistance (50 EMA) $2.29 / $2.38 – Next upside targets $2.11 / $2.06 / $2.00 – Support zones RSI: 44.57 – Subdued momentum; no strong divergence A clean breakout above $2.23, ideally supported by rising volume, could kickstart a more sustainable recovery. Without that confirmation, XRP remains vulnerable to profit-taking and renewed selling pressure, particularly if broader macro or crypto-specific headwinds persist. Final Thoughts Ripple’s XRP/USD is showing signs of short-term strength, but the rally remains on fragile ground. All eyes are now on the $2.23 level. A confirmed breakout could flip the short-term trend bullish, but until then, resistance remains a battleground—and traders would be wise to stay cautious. BTC Bull: Earn Bitcoin Rewards with the Hottest Crypto Presale BTC Bull ($BTCBULL) is making waves as a community-driven token that automatically rewards holders with real Bitcoin when BTC hits key price milestones. Unlike traditional meme tokens, BTCBULL is built for long-term investors, offering real incentives through airdropped BTC rewards and staking opportunities. Staking & Passive Income Opportunities BTC Bull offers a high-yield staking program with an impressive 119% APY, allowing users to generate passive income. The staking pool has already attracted 882.5 million BTCBULL tokens, highlighting strong community participation. Latest Presale Updates: Current Presale Price: $0.002425 per BTCBULL Total Raised: $4M / $4.5M target With demand surging, this presale provides an opportunity to acquire BTCBULL at early-stage pricing before the next price increase. The post Ripple’s XRP Eyes $2.30: Can the Bulls Maintain Momentum? appeared first on Cryptonews .
