XRP price remains firmly above its $3 bullish order block, holding a key high-time-frame support that continues to reinforce its bullish structure. With funding rates neutral and demand steady, the stage is set for a possible move toward $3.55 resistance.
Summary
- $3 order block acting as key high-time-frame support
- Consecutive higher lows reinforce bullish market structure
- Neutral funding indicates stable sentiment ahead of $3.55 test
Ripple’s (XRP) has maintained its bullish trajectory by consolidating above the $3 mark, a crucial level defined by the bullish order block and the value area high of its broader trading range. This stability reflects strong demand from buyers and creates the conditions for a potential continuation toward upper resistance levels. Ripple will also list a tokenized money market fund and stablecoin on DBS Digital Exchange, underscoring its push into broader institutional adoption.
XRP price key technical points
- Key Support: $3 order block and value area high holding as strong demand.
- Market Structure: Higher lows continue to confirm a bullish trend.
- Next Target: $3.55 high-time-frame resistance if support remains intact.
XRP’s current price action demonstrates notable resilience as it trades around the $3 support, which is also aligned with the value area high of the entire range. This level has become a pivotal line in the sand for buyers, offering the foundation needed to sustain bullish momentum. The fact that price has reclaimed and held above the value area high further highlights market demand and strengthens the probability of rotation toward higher levels.
Structurally, XRP continues to post consecutive higher lows
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Author: Aziz Zamani
