XRP Weekly Cross Returns, Next Stop: $2.70 Breakout?

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XRP Weekly Cross Returns, Next Stop: $2.70 Breakout？

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Key Insights:

• XRP retests 55-week EMA, holding support and showing signs of strength near key resistance.
• Stoch RSI forms a bullish cross, repeating the pattern seen before a 127% rally.
• Price targets $2.70 resistance; breakout could confirm momentum shift and trigger upside trend.

XRP was priced at $2.62, up 2.9% in the last 24 hours and 11.7% over the past week. The token is now trading just below the $2.60–$2.70 area, which has acted as resistance in past sessions.

This move comes after XRP bounced off the 55-week EMA. The price briefly fell below the level but recovered, leaving a work that reflects renewed buying interest. The EMA continues to serve as a key technical reference on the weekly chart.

Bullish Cross Appears on Weekly Stochastic RSI

On the same timeframe, the Stochastic RSI shows a developing crossover in the oversold zone. The %K and %D lines are currently at 6.77 and 8.28, with signs of a crossover forming. The last time this setup appeared was in April 2025, when XRP traded near $1.60.

Following that crossover, XRP moved up over 127% within 98 days, reaching above $3.60. The current pattern mirrors that moment, with both indicators turning upward at a low range. Traders monitoring this chart pattern are looking for follow-through.

$XRP holders.. Buckle up ????

The last time $XRP placed a weekly bullish cross on the Stoch RSI was back on the $1.60 wick low in April, which led to a 127% rally to new ATHs. That same signal is about to print again

$2.70 Marks the Breakout Confirmation

The $2.60–$2.70 range has become a focus area for short-term market direction. It includes both horizontal resistance and a descending trendline from previous local highs. This zone is viewed by market participants as a barrier that, if broken, could lead to a stronger move.

ChartNerdTA stated, Until that happens, price action remains within the range, and market direction is uncertain. A breakout and weekly close above $2.70 would mark the first close above this zone since the recent downtrend.

XRP Weekly Cross Returns, Next Stop: $2.70 Breakout？ 3Volume Supports Recent Price Action

Trading volume for XRP over the last 24 hours is $3.02 billion, indicating strong participation. This volume is consistent with historical levels during key trend shifts.

The combination of rising volume, retest of the 55-week EMA, and an early signal on the Stochastic RSI puts XRP in a technical setup that traders are tracking closely. Attention now shifts to whether XRP can close above $2.70 and establish a new trend phase.