Ripple Technical Analysis: 25 MAR 2025
XRP inside an ascending channel formation. Source: TradingView
General View
XRP has maintained an upward trajectory, forming a clear ascending channel while respecting both the mid-range and lower boundary of the trend. The recent price action shows a steady climb despite periodic corrections, signaling continued buyer interest. Currently, XRP is trading near key intra-day and short-term support levels, which could reinforce a potential push higher if buyers step in to defend these zones. A sustained hold at these levels would strengthen the bullish case, keeping the structure of the ascending channel intact and setting the stage for another upward move.
On the Upside
Immediate resistance is seen around the $2.47 – $2.50 range, where price has previously faced rejection. A decisive breakout above this level could open the door to a move towards $2.64, aligning with the short-term resistance zone. If momentum strengthens further, the upper boundary of the channel near $2.80 comes into play.
On the Downside
XRP is currently taking support from the channel lows, with the lower boundary of the channel acting as a support level near $2.41. Additionally, a short-term horizontal support zone between $2.41 and $2.35 is reinforcing this level, creating a strong demand area. The confluence of these support zones suggests that buyers are stepping in to prevent further downside. If this structure holds, XRP could maintain its bullish momentum and attempt another push higher within the channel.
Price structure flipping bullish on lower-time frames. Source: TradingView
