XRP Price Rebounds, Faces Resistance, and Shows Bullish Signs on the Hourly Chart
XRP is finally showing some strength again. After dropping to recent lows, the price has bounced back and is now trading above an important hourly moving average. This is a good sign for traders watching the short-term trend.
Like the rest of the crypto market, XRP fell below a key support level earlier. But after forming a solid low, the price started to recover. During this move, XRP even broke above a bearish trend line on the hourly chart — something traders often look for when momentum starts to shift.
On its way up, XRP also pushed through a few short-term resistance levels and important Fibonacci retracement levels from the last drop. Right now, the price is holding above that hourly moving average, which gives the market a bit more confidence.
If this upward move continues, XRP will face some resistance soon. The chart shows a clear zone where the price may slow down or pull back. If XRP can close above that key resistance, the path opens toward the next higher levels — but each step will come with stronger resistance.
However, if XRP can’t break through this main barrier, the price could fall again. The first support level sits close to the recent intraday low. Below that, there’s a bigger support zone near the most recent swing low. If the price drops under that area, XRP could slide further into older support levels.
For now, the technical indicators look positive. The hourly MACD is showing bullish momentum, and the hourly RSI has climbed above the 50 mark, which usually signals strength. Most of the important support and resistance levels are grouped near recent highs and lows, and these areas will likely shape XRP’s next moves.
Overall, XRP is showing signs of recovery — but the next battle is at resistance. A strong break higher could extend the rally, while rejection could bring the price back down.
