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$XRP continues to defend key support levels as bullish momentum builds beneath the surface. Traders are watching closely as the price hovers above the rising 20-month EMA, a crucial line that could determine whether the next leg higher unfolds.
$XRP Maintains Bullish Structure Above $1.75 Support
Providing an update on the $XRP chart, More Crypto Online highlighted that the situation remains largely unchanged, with price action still developing within a broader bullish structure. The analyst emphasized that the ongoing movement continues to follow a pattern of three-wave pullbacks, suggesting that the uptrend remains intact as long as $XRP holds above the critical $1.75 support level.
According to his analysis, as long as buyers continue to defend this zone, the structure points toward an eventual continuation of the upward trend. The repeated three-wave corrections indicate that the market may still be in a controlled consolidation phase rather than a reversal.
However, the analyst highlighted that a confirmed breakout has yet to occur. The key resistance zone between $2.69 and $2.84 continues to act as a ceiling, limiting $XRP’s upward momentum. Until the price breaks above this range decisively, the broader market will likely remain in a phase of consolidation and uncertainty.
More Crypto Online added that a five-wave breakout above the $2.84 level could signal renewed strength and open the door to higher targets. The next major objective in that case would be around $3.40, which could serve as a staging point for another push toward the $5 region.
$XRP’s 20-Month EMA Emerges As The Line Between Strength and Struggle
In an $XRP post, ChartNerd pointed out that the 20-month Exponential Moving Average (EMA) is positioned around $1.94 and is gradually climbing. This long-term moving average has historically served as a strong indicator of trend direction, and its current trajectory suggests that the broader bullish structure could still be intact.
ChartNerd emphasized that turning the 20-month EMA into solid support would be a significant confirmation of continued upside momentum, paving the way for $XRP to push toward higher resistance zones in the coming sessions. The analyst remains optimistic that the EMA will act as a reliable foundation for further gains.
However, ChartNerd also cautioned that a decisive drop below the $1.94 EMA could weaken the bullish outlook, triggering a deeper retracement. Still, he noted that “the boat is yet to raise its sails,” implying that $XRP’s next major move has yet to unfold, and patience may be key as traders await confirmation of the next trend direction.