XRP stalls, but keeps the line at $3.30 after an explosive rally

In the latest daily technical update posted to X, Cryptowzrd noted that XRP ended the session near indecisiveness. However, it is worth noting that they will continue to take that stance at a $3.3000 resistance level, following the strong bullish rally seen yesterday.

Daily candles stall, but XRPBTC pairs show strength

Cryptowzrd provided a detailed breakdown of the current market setup for XRP, noting that the daily candles were closed due to indecision. Nevertheless, the XRPBTC pair ended the session with a somewhat bullish tone. According to experts, a critical move above 0.0028750 BTC could trigger a quick and impulsive upside-down rally, adding a great deal of momentum from its current position to XRP’s bullish outlook.

He pointed out that the XRP was hovering near a $3.23 resistance level. This is a key zone that may unlock further profits. If this level gives way, the price could move towards the next major resistance at $3.65. Momentum from such breakouts can be amplified when combined with the strength of the BTC market.

Beyond the $3.65 threshold, Cryptowzrd foresees the possibility of XRP surges to a new all-time high of nearly $4.60. He stressed that such a move is likely to be driven by strong and impulsive gatherings supported by buying pressure and increased market enthusiasm. This scenario marks a significant milestone in the current recovery phase of XRP.

On the downside, $2.80 remains an important daily support level for viewing. Maintaining this support is essential to maintaining the overall bull market structure. Faults below that could change the current outlook, seducing deeper corrections and cooling bullish emotions.

Cryptowzrd confirmed that his attention will remain in the formation of the low time frame chart in the upcoming session. He is particularly focused on identifying the next viable scalp opportunity as his current safe position continues to work in favor of a broader strategy.

Volatility lasts as traders retest $3.23 $3.23

Putting the analysis together, analysts highlighted that XRP’s intraday charts experienced significant volatility on Friday, and are likely to maintain their strength in the short term. Such choppy price actions show both risk and opportunity for short-term traders.

Analysts noted that retesting at the $3.23 level in support could pave the way for another promising long position if a bullish comeback continues. Conversely, a critical breakout that outweighs the $3.23 resistance could push XRP towards the $3.65 resistance zone and provide a clear upside target. For now, Cryptowzrd emphasized the importance of patience, highlighting that the next move should come from a healthy, mature trade setup.