XRP latest price prediction: upward movement is blocked at $2.77, breaking through $3 is key to starting a bull run.

Although the selling pressure behind Ripple (XRP) has weakened, its price movement is still constrained in the resistance range of $2.5 to $2.77 in the short term. This area represents a significant imbalance zone on the 1-day timeframe chart. While Ripple raised $1 billion through a special purpose acquisition company (SPAC) to accumulate XRP, indicating that XRP is close to a turning point in the digital asset reserve (DAT) competition, its overall price structure remains bearish until it decisively breaks through the key resistance.

Key Resistance Level Analysis: The $2.77 Imbalance Zone Becomes a Short-term Barrier

On the 1-day time frame, XRP is facing two key upward resistances: an imbalance area up to 2.77 USD and a higher supply area at 3 USD. This indicates that the XRP bulls have not fully taken control of the market, and the overall price structure remains bearish. The daily moving averages and the relative strength index (RSI) both show that XRP is in a bearish momentum. Therefore, for short-term traders, it is currently not advisable to immediately establish long positions. It would be more prudent to wait until the 2.5 USD to 2.77 USD area is successfully converted into a demand zone before considering going long.

OBV indicator suggests: the real breakout signal has not yet appeared

The On-Balance Volume (OBV) indicator is a key clue for determining the next price trend of XRP. Currently, the OBV shows that neither buyers nor sellers have overwhelming strength, and market sentiment remains in a stalemate. A reliable first indication of a price explosion will only occur when the OBV breaks through key levels. Until then, the bearish structure of XRP will continue to dominate market sentiment. Bulls need to push the price above the local high of 2.69 dollars and the imbalance area of 2.77 dollars to issue a reliable bullish signal.

4-hour chart shows short-term positive signals: price action characteristics change

On the 4-hour chart, the price action of XRP shows a bullish role reversal, successfully breaking through the local swing high of 2.46 USD. The XRP price pierced the moving average and may use these averages as support for further upward movement. Traders should be cautious of the possibility of a pullback to around 2.35 USD for consolidation before continuing to rise. Although the market seems to have shown a bullish reversal in the short term, the long-term direction of XRP remains uncertain due to the structure of higher time frames.

Long-term Outlook: Breaking Through $3 Clearly Shows Bull Market Strength

In the long term, if the XRP price can break through the psychological resistance level of 3 dollars, it will be a sign of a strong return of bullish momentum. According to Fibonacci extension levels, once it breaks through 3 dollars, the price could further move towards 4 dollars or 4.7 dollars. However, given that the current price is still restricted by the key resistance zone of 2.5 dollars to 2.77 dollars, short-term traders should remain cautious. The current market operation advice is to patiently wait for the key resistance to be decisively broken and established as support before engaging in swing trading to reduce potential risks.

Conclusion

XRP is at a critical technical juncture, with short-term bullish signs, but the key resistance zone of $2.5 to $2.77 has not been effectively broken, and the long-term trend remains undecided. Investors should closely monitor OBV and daily price action to assess the true shift in market strength. In an uncertain macro structure, a robust trading strategy is to wait for clear signals rather than blindly chasing highs.

Disclaimer: This article is for news information only and does not constitute any investment advice. The encryption market is highly volatile, and investors should make cautious decisions.