TimesTabloid
2025-09-09 23:30:29

XRP Price Update: Analyst Highlights Key Resistance and Bullish Targets

XRP continues to face price pressures, but recent activity suggests growing interest from market watchers. Over the past week, the asset has advanced by 7.16%, reaching $3.01 after recovering from an early September price dip to $2.70. While Ethereum and some other altcoins have not joined this rebound, XRP has managed to sustain its upward momentum, drawing attention from analysts who are now outlining key resistance levels that could define the next phase of its performance. The Levels That Matter Most Market strategist EGRAG Crypto has identified the price thresholds XRP must overcome before bullish momentum can firmly return. In his assessment, the $2.94 region marks the first significant test. A daily close above this point is considered the initial confirmation of renewed strength. #XRP – Finishing or Continuation of the Throwback? : If #XRP can close above $2.94 with conviction, and push past the 33 SMA around $3.01, we’ll start to see early signs that the bulls are in control, potentially finishing the throwback. The low from September 1st could… pic.twitter.com/nUtQj2sDEj — EGRAG CRYPTO (@egragcrypto) September 8, 2025 XRP already achieved this requirement on September 8, closing at $2.9694, its highest closing value so far this month and the strongest finish since late August. However, one condition remains unmet, surpassing the 33-day simple moving average (SMA). This moving average, which stood at $2.9962 at the time, blocked XRP from breaking through the $3 threshold. As of now, the 33-day SMA has adjusted slightly to $2.9853, while XRP trades around $2.9616. According to EGRAG, closing above this SMA would not only confirm resilience but also signal the completion of what he termed a “throwback”, a corrective phase that pulled prices down to $2.70 earlier this month. If this plays out as expected, that price level could end up being the recent low. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Beyond the 33-Day SMA EGRAG also highlighted further milestones that would strengthen the bullish case. After reclaiming the 33-day SMA, XRP would need to rise above the 55-day SMA, which currently sits at $3.066. Crossing this threshold would provide additional evidence that buyers are regaining dominance. The analyst then identified $3.40 as the critical resistance level that could fully shift momentum in favor of the bulls. He labeled this range as the decisive confirmation zone, noting that it coincides with XRP’s January 2025 peak before the token entered a prolonged consolidation phase. A move above $3.40, according to his projection, could set the stage for a rally toward $4.20. Diverging Views and Risks While EGRAG emphasized caution, warning that weakness between $2.94 and $3 could lead to a continuation of the correction, other analysts are more optimistic. Market commentator Gordon argued that XRP’s extended consolidation provides a strong base for a significant breakout. He projected that, once momentum builds, the token could advance toward $6. Overall, XRP’s ability to close decisively above $2.94 and break through the 33-day and 55-day SMAs will be crucial in determining whether the market can transition out of correction territory. The coming days will reveal whether the asset can secure these levels and confirm a broader bullish reversal. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Price Update: Analyst Highlights Key Resistance and Bullish Targets appeared first on Times Tabloid .

Crypto 뉴스 레터 받기
면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.