Ripple (XRP) price prediction: The big pump trend shows no signs of slowing down, and momentum continues to suggest a retest of the psychological barrier at $3.

Ripple (XRP) shows no signs of slowing down amid a continuous market big pump, currently reporting at 2.9020 USD during the Asian session today (14th). Over the past week, driven by growing retail demand and strong momentum in alts, Ripple has surged nearly 30%, with trading prices slightly below the 3.00 USD mark. So, what will happen next?

XRP Price Analysis

According to Captain Altcoin, the 4-hour chart of XRP shows a typical breakout trend. XRP has clearly broken out of the consolidation phase, with a strong volume breaking through the resistance zone of $2.40 to $2.60. The current price is well above the 200-day moving average of $2.37—this level was previously a dynamic resistance but has now turned into strong support.

This upward movement shows a parabolic shape, with almost no pullback since July 9. The momentum is exhibiting a vertical trend, and the candlestick chart is layered, indicating that fear of missing out (FOMO) buyers are driving this trend. However, the RSI is at 73.2, showing that XRP is currently in the overbought zone. This does not necessarily predict a reversal, but it does suggest that a cooling or retest may soon be healthy.

The MACD line is well above the signal line, confirming bullish momentum. The Commodity Channel Index (CCI) is deeply entrenched in the overbought territory, enhancing the strong short-term momentum, but there is also the possibility of a brief pullback. The Average True Range (ATR) indicates rising volatility, consistent with the recent sharp fluctuations. Overall, the technical indicators show an extremely bullish stance, but there is a pullback risk in the short term.

XRP Price Prediction

Bullish Scenario: If the momentum continues, XRP may retest the psychological barrier of $3.00 and push towards $3.15-$3.20 at the daily close. A closing price above $3.00 could attract more buyers into the market.

Bearish scenario: If an overbought condition occurs and the pump stagnates, we may see the price retrace to the $2.80 to $2.70 range. A drop below $2.60 could be a warning sign of a deeper correction, but at the moment it seems unlikely.

Current situation: XRP will consolidate between $2.85 and $3.00 for the remaining time of the day, as traders take profits and the market decides the next phase of the trend.

The upward trend of XRP is intact, and the bulls currently dominate. However, since the market rarely experiences prolonged straight upward movements, it is advisable to operate with caution.

(Source: Trading View)