XRP Price Prediction: Breaking through the $3.30 resistance may trigger a bullish trend, with key support at $3.15

Ripple(XRP) price continues to consolidate below the $3.30 resistance, currently located above $3.220 and 100-hour moving average, with the technical structure still showing upward momentum. If XRP/USD can effectively break through the hourly chart bear market trend line resistance at $3.288 and hold above the $3.30 level, it may quickly target $3.35, $3.38, or even $3.40. Conversely, if the $3.30 resistance continues to exert pressure, we need to be cautious of pullback risks, with key support levels at $3.15 (76.4% Fibonacci retracement level) and $3.08. The technical indicators currently lean bullish: hourly chart MACD bullish momentum is increasing, RSI is above the 50 level. This article will analyze the key dividing points for XRP's short-term bullish and bearish outlook.

XRP holds above $3.22, gearing up to challenge the $3.30 resistance zone After successfully establishing a foundational support above $3.10, Ripple (XRP) has followed Bitcoin (BTC) and Ethereum (ETH) to embark on a new round of rise. XRP has successively broken through the resistance levels of $3.120 and $3.15, and at one point held above $3.25. However, the bears are exerting pressure near the key psychological level of $3.30, causing the price to pull back from the $3.30 high (which corresponds to the 50% Fibonacci retracement level from the swing low at $3.10 to the high at $3.30). Currently, the XRP price is stable above $3.220 and holds above the 100-hour simple moving average (SMA), with the overall structure remaining resilient.

Upward Path: Break through $3.30 or initiate accelerated rise If XRP wants to initiate a significant rise, it needs to overcome the key resistance area above:

• Initial Resistance: $3.2880 level (a Bear Market trend line is formed on the hourly chart of XRP/USD, and the resistance level coincides with this).
• First Key Resistance: $3.30 area.
• Breakthrough Target: If the price can break strongly above the $3.30 resistance and close above it, it may attract buying pressure, pushing the price to test the $3.350 resistance level. After a successful breakout, the short-term target can be looked at as the $3.380 resistance, or even challenge $3.40. More importantly, the next resistance level is located in the $3.450 area.

Downside Risk: Losing the $3.15 support level may deepen the pullback If the XRP price continues to effectively fail to break through the $3.30 resistance area, it may face a new round of pullback risk:

• Immediate support: $3.20 level.
• First Key Support: $3.150 level (corresponding to the $3.10-$3.30 rise segment's 76.4% Fibonacci retracement level).
• Break Support: If the price falls below and closes under the $3.150 support level, it may further slide towards the $3.080 support level.
• Main support area: $3.020 region, bulls may organize defense here.

Technical Indicator Signals: MACD momentum strengthening, RSI bullish

(Source: TradingView)

• Hourly MACD: The MACD indicator for XRP/USD is currently gaining momentum in the bullish zone, indicating that upward momentum is accumulating.
• Hourly RSI (Relative Strength Index): The RSI indicator is currently holding above the neutral level of 50, suggesting that bullish strength has a slight advantage in the short term.

Key Support and Resistance Summary

• Main support level: $3.150, followed by $3.080.
• Main resistance level: $3.30, followed by $3.350.

Conclusion: XRP is at a critical technical decision point, with a $3.30 resistance (combined with the Bear Market trend line on the hourly chart) becoming the dividing line between bulls and bears. If it can effectively break through this resistance, it is expected to initiate a rapid rise towards the $3.35-$3.40 area. Conversely, if $3.30 continues to exert pressure, attention should be paid to the defense strength of $3.15 (76.4% Fibonacci level) and $3.08 support. The current combination of strengthening MACD momentum and RSI holding above 50 provides a bullish signal, but confirmation of the breakout still requires volume support. Traders should closely monitor the breakout situation of the $3.288-$3.30 resistance zone and the solidity of the $3.15 support level to seize short-term directional opportunities.