Ripple’s XRP is holding firm after a solid move above the key $3 level. Right now it’s trading around $3.10, up about 10% over the past week. The big question for traders this week is simple: can XRP price continue to climb or will it cool off a bit first?
What you'll learn 👉
What the XRP Chart Is Showing
On the 4H chart, XRP finally broke out of its long sideways range at the start of September. Price jumped from $2.70 to over $3.40 before easing back.
That breakout came when buyers forced price through the $3.00 resistance, which now acts as strong support.
The next hurdle is sitting around $3.45 to $3.50, where XRP price has struggled to close. A clean move above that could clear the path toward $3.66 and maybe even $4.00. If bulls lose control and $3.00 fails to hold, a drop back to $2.85 is possible.
Market Indicators
Momentum is still positive, but it’s not as hot as it was a few days ago. The RSI on CoinAnk’s 4-hour chart is around 56, down from the overbought levels above 70 during the early September rally. That’s a sign buying pressure has cooled a bit, but it isn’t signaling a sharp reversal.
Open interest sits near $417 million, showing traders are keeping their positions open instead of taking profits.
Net long positions are about $182 million, while net shorts are higher near $357 million. That means some traders are leaning cautious, adding shorts to hedge in case of a pullback.
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XRP Price Short-Term Outlook for the Week
If bulls can defend the $3.00 support zone, XRP could take another shot at $3.45–$3.50 in the coming days. A strong daily close above that range would set up a push toward $3.66 and possibly $4.00.
If $3.00 gives way, though, the coin might revisit $2.85 before buyers step in again. With RSI cooling and shorts building, XRP price may chop sideways between $3.00 and $3.50 for a while before making its next big move.
For now, XRP still looks like one of the stronger large-cap cryptos, but this week will show whether bulls have enough momentum for another leg higher or if a pause comes first.
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