XRP Price Watch: Intraday Volatility Sets Stage for Bullish Surge
Markets and Prices
Jamie Redman
XRP Price Watch: Intraday Volatility Sets Stage for Bullish Surge
XRP is trading at $2.13 with a market capitalization of $124 billion and a global 24-hour trade volume of $3.65 billion. During the last 24 hours, its price ranged between $2.01 and $2.16, reflecting moderate volatility as technical indicators point toward a cautious but constructive outlook.
XRP Price Watch: Intraday Volatility Sets Stage for Bullish Surge
XRP
On the 1-hour chart, XRP is displaying a consistent short-term uptrend, characterized by the formation of higher highs and higher lows. The price peaked at $2.186 before experiencing a mild pullback, which has not disrupted the broader bullish structure. Volume surged during the breakout phase but has since tapered off, a signal that the recent rally may be pausing for consolidation. Immediate support is now found near $2.12, and holding this level suggests a continuation of the upward move. A break above $2.18 could prompt a retest of the recent high, while a failure to stay above $2.10 would invalidate the short-term bullish setup.
XRP Price Watch: Intraday Volatility Sets Stage for Bullish Surge
XRP/ USDT via Binance on April 12, 2025. 1 hour chart.
The 4-hour chart reinforces this bullish sentiment, beginning with a decisive reversal from $1.61 observed on April 7. This movement culminated in a strong upward candle reaching $2.186 on April 10. Since then, XRP has entered a consolidation phase with minor pullbacks, which remain constructive so long as volume patterns continue to favor buyers. Support is currently established at approximately $2.05, with resistance in the $2.18–$2.19 range. Technical traders may look for entries on dips to $2.05 or breakouts beyond $2.19, while keeping tight risk management below the $2.00 threshold. Price targets in the $2.25–$2.30 range remain achievable if momentum is sustained.
XRP Price Watch: Intraday Volatility Sets Stage for Bullish Surge
XRP/ USDT via Binance on April 12, 2025. 4 hour chart.
The daily chart reveals a broader recovery narrative following a significant drop from $2.59 to $1.613. A pronounced rebound has since taken hold, supported by a volume spike typically associated with capitulation and trend reversal. Multiple green daily candles confirm a short-term bullish bias, though resistance at the $2.20 level remains a key hurdle. The $1.61 region has now become a confirmed support zone. Traders positioning for a longer-term rally may look for a sustained close above $2.00, with profit targets near $2.20–$2.50 if bullish sentiment accelerates further.
XRP Price Watch: Intraday Volatility Sets Stage for Bullish Surge
XRP/ USDT via Binance on April 12, 2025. 1 day chart.
The oscillator suite presents a predominantly neutral picture, reflecting a market in search of clear directional cues. The relative strength index (RSI) stands at 48.99835, while the Stochastic oscillator registers 65.26581—both in neutral territory. The commodity channel index (CCI) is slightly negative at −9.42613, and the average directional index (ADX) at 24.28291 suggests the trend is not yet strong. Meanwhile, the awesome oscillator is marginally negative at −0.22969, reinforcing the view of an indecisive momentum phase. Only the momentum indicator at 0.09688 and the moving average convergence divergence (MACD) level at −0.08979 provide buy signals, indicating early signs of bullish intent amid overall equilibrium.
A mixed picture emerges from the moving averages (MAs), which span short-term bullishness to longer-term caution. The exponential moving average (EMA) and simple moving average (SMA) over 10 and 20 periods are flashing divergent signals: the EMA (10) at $2.03672 and the SMA (10) at $2.01083 both indicate a buy, while the SMA (20) at $2.12108 signals a sell. Further out, the EMA (30) at $2.16046 and SMA (30) at $2.20844 both suggest selling pressure, mirrored by the EMA (50) at 2.24290 and SMA (50) at $2.26242. However, on the 200-period horizon, both the EMA at $1.95077 and SMA at $1.88109 indicate buy signals, hinting at a strong long-term foundation despite mid-range turbulence.
Bull Verdict:
XRP remains technically constructive across multiple timeframes, with bullish momentum sustained by higher lows and strategic support zones near $2.00. The short-term and long-term moving averages, coupled with buy signals from the momentum indicator and moving average convergence divergence (MACD), suggest potential for continuation toward $2.25 and beyond. Should volume return on an upside breakout above $2.20, XRP could retest the $2.50 level in the near term.
Bear Verdict:
Despite recent gains, XRP faces headwinds from mixed signals among key oscillators and a cluster of sell signals across mid-range moving averages, particularly between the 20 and 100-period marks. A failure to hold above $2.10 would undermine bullish setups, potentially leading to a pullback toward the $2.00 psychological level or even a retest of $1.90 if selling pressure intensifies. Without a decisive break above $2.20, the current rally risks stalling.
Welcome to Billionaire Club Co LLC, your gateway to a brand-new social media experience! Sign up today and dive into over 10,000 fresh daily articles and videos curated just for your enjoyment. Enjoy the ad free experience, unlimited content interactions, and get that coveted blue check verification—all for just $1 a month!
Account Frozen
Your account is frozen. You can still view content but cannot interact with it.
Please go to your settings to update your account status.
Open Profile Settings