XRP is trading at $3.16 after breaking above the downtrend line, but bulls are struggling to extend the move higher.

📈 Bullish Scenario:

If XRP holds above the 20-day EMA ($2.93) and breaks past $3.15, it would confirm a shift from “selling on rallies” to “buying on dips.”

In that case, the XRP/USDT pair could rally toward $3.40.

📉 Bearish Scenario:

A drop below the 20-day EMA ($2.93) may confirm the breakout was a bull trap.

Sellers could then drag XRP toward the strong support at $2.73.

🔥 Bulls have the upper hand, but the battle around $3.15 will decide whether XRP rallies or slips back into bearish territory.

$XRP

XRPUSDT

Perp

2.0108

-3.23%