XRP Analysis: Bullish Divergence Points Toward $3 Target

XRP is flashing early signs of a potential reversal after forming a bullish divergence on the daily chart. The token has swept back down to the $1.80 support zone—a level that’s repeatedly drawn buyers during recent pullbacks. Price is consolidating around this area while momentum indicators are starting to turn positive, hinting that selling pressure might be easing off.

The price remains trapped under a descending trendline that’s been blocking rallies for weeks now. Trading around $1.90 after failing to hold above $2.20, XRP is displaying a classic bullish divergence pattern—momentum making higher lows while price prints lower lows. This setup often signals relief rallies when confirmed by a clean breakout.

If XRP manages to push through $2.20, it could unlock a move toward the $2.80 to $3.00 range within roughly a month. Until that breakout happens, the token stays range-bound with $1.80 as the make-or-break support level. Right now, price is holding that floor while momentum stabilizes, setting up what could be an important directional move.

This setup matters beyond XRP itself—the token often mirrors broader large-cap altcoin sentiment. A successful break above resistance would signal improving momentum across the market and reduced downside risk. Failure to reclaim $2.20 would keep things locked in consolidation mode. With support holding firm, the next move will likely shape short-term expectations for the wider crypto space.

My Take: The bullish divergence at $1.80 support is textbook technical analysis, but everything hinges on breaking $2.20. Without that confirmation, it’s just another failed bounce attempt in a downtrend. Watch volume closely on any breakout.

Source: Niels