Today, XRP has returned above the moving averages again, as analyst at Coinidol.com notices.
The price of XRP (Ripple) has been moving in a horizontal direction since breaking below the moving average lines on August 19. After the breakdown, XRP was forced to trade between the $2.80 support and the $3.20 resistance. On September 12, XRP returned above the moving average lines, but its upward momentum was halted below $3.20.
XRP long-term analysis: bullish
The current battle between bulls and bears over the direction of price movement is taking place above the 50-day SMA support. XRP will rise to retest or surpass the $3.20 level. A break above $3.20 will catapult the altcoin to its previous high of $3.66. If the 50-day SMA support is breached, XRP will fall and retest the $2.80 low. At the time of writing, the price of XRP stands at $3.03.
Technical indicators:
XRP price indicators
The moving average lines on both charts are horizontal, indicating a sideways trend. The price bars are above the moving average lines, indicating that the price could rise. On the 4-hour chart, the price bars are located between the moving average lines, indicating that the cryptocurrency is moving in a range.
XRP/USD price chart – September 17, 2025
What is the next direction for XRP?
The 4-hour chart shows XRP price rising above the $2.95 support level. The altcoin is currently trading above the support level of $2.95 and below the moving average lines that offer resistance at $3.10. The moving average lines have halted the bullish rise, hence XRP is on the decline. The cryptocurrency will remain range-bound for a few days.
XRP/USD 4-hour price chart – September 17, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.