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XRP Bulls Eye $5.85 Following Strong Momentum and Institutional Interest

XRP Bulls Eye $5.85 Following Strong Momentum and Institutional Interest

2025-12-03

xrp

  • XRP is regaining momentum, currently trading at $2.21 with $7.05 billion in 24-hour volume.
  • Analysts identify support and resistance levels indicating potential breakout toward $5.85 if wave patterns hold.
  • Daily divergence signals early trend reversal, aided by rising institutional investments and increased liquidity circulation.

XRP appears to be regaining momentum, and analysts are identifying key levels of support and resistance that are likely responsible for the next major market movement.

Market data indicates that this cryptocurrency may be entering into or may be in a period of intense market growth. Analysts are closely watching momentum reversals that may dictate strong upward opportunities.

At the time of writing, XRP is trading at $2.21, with a 24-hour trading volume of $7.05 billion and a market capitalization of $133.46 billion. Over the last 24 hours, token’s price has climbed nearly 10%, showing renewed strength in the market.

Source: CoinMarketCap

XRP Eyes Key Upside Levels

Technical analyst Dark Defender identified $0.3917 as a key level of support and noted that this represented the 23.6% retracement level in XRP’s overall pattern. Further up the pattern, the analyst identified $0.6649 as the “Diablo” level, which marked an important spot where XRP tended to consolidate before substantial further progress.

Source: X

Looking ahead, another important level identified by Dark Defender is $1.8815. This level has been identified via the use of Fibonacci projections. If this pattern prevails, token may witness an upside breakout towards $5.8563, which would be the lowest level if this wave pattern prevails.

XRP Shows Early Reversal Momentum

Another technical analyst, CryptoPulse, observed that XRP is exhibiting strong daily divergence. Even while the price fell, there was weakening selling pressure, but this is precisely the earliest indication that the trend could be about to reverse. With institutional investment rising and liquidity starting to circulate again, through ETFs and cross-border transactions, this seems ever more promising.

Source: X

This momentum may possibly create some new waves of investment, giving way to further rises in price. The platforms like BITUNIX, with immediate execution and minimal spreads, are optimally placed in this respect.

Investors are advised to closely monitor these levels and be prepared to react based on the confirmation of the next wave by the market structure.

Also Read | Will XRP Outperform November’s Gains in December 2025?

XRP Looks for a New Push

The RSI stands at 43.59 levels, indicating weak momentum but above the oversold region. The values are currently below the MA Ribbon, with major levels of moving averages placed at $2.70, $2.52, $1.62, and $1.06, indicating XRP’s failure to recover in an upward trend. This level indicates that the market is being defended by the buying levels in the $2.21 region.

Source: TradingView

The MACD indicator is currently at 0.08219 and remains below the signal line at 0.02146, indicating slightly more bearish momentum. The histogram remains slightly negative, indicating a sluggish sale rather than a substantial one. Once the MACD indicator starts moving towards positive values, token may make another attempt towards the higher MA values.

Also Read | Top 10,000 XRP Wallets Hold 85% of Supply While New Wallets Amass Millions

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