The XRP market shows signs of resilience, breaking through key technical levels. This event has drawn attention from traders and analysts.
EMA Ribbons: A Powerful Technical Signal
The EMA ribbon, consisting of short and medium-term exponential moving averages, acts as both support and resistance. A sustained break above this zone may signal renewed buyer control. On September 9, 2025, XRP climbed to approximately $3.02, firmly establishing itself above the EMA ribbons. Trading volumes increased significantly, providing grounds to consider this breakout significant.
On-Chain Momentum
On-chain analysis shows increased transaction counts and wallet activity, indicating greater user participation. Simultaneously, net inflows to exchanges remain low, suggesting holders are not rushing to sell their assets. This accumulation environment supports the technical breakout.
Macro Trends and Market Liquidity
The broader economic environment adds confidence to XRP’s breakout. Increased liquidity in risk assets and speculation about easing global monetary policy attract capital into the cryptocurrency markets.
STEPH IS CRYPTO’s statement that reclaiming the EMA ribbons enhances the probability of a sustained bullish trend underscores the bullish sentiment among traders. Confirmation of these signals may lead to further growth in XRP.
