XRP Price Update: Tight Range Signals Big Move Incoming

CN
1 day ago

XRP’s 1-hour chart reveals a consolidation phase occurring between $2.12 and $2.18. This range-bound movement comes after a recent high of $2.25, with support repeatedly tested at $2.08. Notably, decreasing volume during pullbacks signals that sellers are weakening, making way for a potential bullish breakout. Traders are monitoring for a scalping opportunity around $2.12 to $2.14, provided the lower bound of the range holds. A push above $2.18 with significant volume could confirm a breakout, targeting resistance at $2.22 to $2.25.

XRP Price Update: Tight Range Signals Big Move Incoming

XRP/USDC via Binance 1H chart on April 14, 2025.

On the 4-hour chart, XRP continues to maintain a bullish structure with higher lows since the swing low of $1.72 recorded on April 9. The asset rallied impressively to a swing high of $2.25 by April 13 on strong volume, suggesting buyer conviction. Current price action exhibits a gradual grind upward marked by smaller-bodied candles and fading volume, indicative of consolidation after a significant move. Entry strategies include buying near the $2.05 to $2.10 zone if it holds firm, while aggressive traders may consider entering on a breakout above $2.26 with accompanying volume confirmation.

XRP Price Update: Tight Range Signals Big Move Incoming

XRP/USDC via Binance 4H chart on April 14, 2025.

The daily chart showcases a broader recovery narrative after a significant pullback to $1.61. From that low, a bullish engulfing pattern emerged on high volume, suggesting a potential trend reversal. Since then, XRP has been consolidating between $1.90 and $2.20, forming a base structure. The price currently hovers around $2.14, inching up from the recent low and testing the upper bounds of this base. A breach below $1.90 would invalidate this bullish setup, showcasing a tighter timeline.

XRP Price Update: Tight Range Signals Big Move Incoming

XRP/USDC via Binance 1D chart on April 14, 2025.

Oscillator indicators present a largely neutral picture for XRP as of April 14. The relative strength index (RSI) is at 49.91675, signaling market equilibrium. The Stochastic is high at 83.83288, but also neutral, suggesting potential overbought conditions without confirmation. The commodity channel index (CCI) at 32.33855 and the average directional index (ADX) at 22.59477 both indicate a non-trending market. The awesome oscillator shows a mild negative reading at −0.12843, reflecting weak momentum, while the momentum (10) indicator points to a slight bearish bias with a −0.01428 value. Only the moving average convergence divergence (MACD) level, at −0.06332, flashes a buy signal, hinting at the possibility of upward momentum building beneath the surface.

Moving averages (MAs) provide a mixed but slightly bullish long-term bias. Shorter-term indicators such as the exponential moving average (EMA) and simple moving average (SMA) over 10 and 20 periods all register positive signals, suggesting recent bullish price action is being maintained. However, the 30, 50, and 100-period exponential and simple moving averages all flash ugly signals, indicating that medium-term trend momentum is still in the correction phase. Notably, the 200-period EMA at 1.95472 and SMA at $1.89673 both issue favorable conditions, highlighting long-term bullish support. This divergence across timeframes signals a market at a critical juncture where short-term bullishness must overcome medium-term resistance to sustain its upward trajectory.

Bull Verdict:

XRP’s current consolidation above $2.10, supported by bullish setups across the 1-hour, 4-hour, and daily charts, coupled with short-term buy signals from key moving averages and a buy confirmation from the MACD, suggests a market primed for continuation. A decisive break above $2.18–$2.26 with volume could trigger a push toward the $2.35–$2.59 resistance range. The presence of higher lows and strong accumulation from the $1.61 base underpins a bullish narrative, especially if momentum strengthens.

Bear Verdict:

Despite short-term bullish signals, the broader trend still faces resistance from mid-range MAs, and oscillators remain largely neutral with pockets of bearish bias, notably in momentum. The inability to break above $2.18 convincingly, combined with weakening volume and medium-term moving averages flashing sell signals, leaves XRP vulnerable to a retracement. A drop below $2.08–$2.05 support, especially under $2.00, could open the door to a further downside toward $1.90 or lower, invalidating the bullish base.

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