Analysis of XRP's current market situation shows the token is holding $3 post-breakout, creating conditions for the next growth stage.
$3 Support After Breakout
XRP was trading at $3.02 after a recent breakout and retest of support. Analyst “🦖WAGMISAURUS REX🦖” noted:
> “$XRP – reacting as expected. Break out, retest of support then awaiting the pump 🚀.”
The chart indicates the price moved above a descending trendline before pulling back to retest that zone, which now acts as horizontal support.
4-Hour Chart Buy Signals
Analyst Ali mentioned:
> “$XRP is ready to bounce as the TD Sequential flashed a buy signal!”
The 4-hour XRP/USDT chart showed a downward run of lower highs and lows, nearing $2.95. The latest candle recorded a Tom DeMark Sequential buy signal, which typically occurs after a nine-count downtrend and can indicate a potential reversal. This points to fading selling pressure, and a confirmed rise above $3.00 could support the TD signal and spark a short-term recovery.
Market Performance and Trading Volume
XRP traded at $3.02 with a 24-hour trading volume of about $5.24 billion. The token saw a 0.85% drop in the last 24 hours and a 2.10% gain over the past week. This mixture of a slight daily pullback and weekly rise indicates steady market activity around the $3.00 level. Price action suggests XRP is holding the breakout area. Ongoing buying near $3.00 will be crucial to sustaining the bullish outlook and supporting any potential move toward the $3.80–$4.00 supply zone shown on the chart.
The breakout and retest pattern, along with the TD Sequential buy signal, give traders clear technical levels to watch. Maintaining the $3.00 support is essential for the potential scenario of a next price pump. A move above $3.80 would represent the next major resistance test if upward momentum continues.
