XRP Price Analysis: Will Price Go Up This Week?

Ripple’s XRP is back in focus as it holds above the critical $3 mark, flashing bullish momentum despite softer trading volumes. With a golden cross pattern forming on the daily chart and fresh developments like the Rabby Wallet XRPL EVM integration, traders are debating whether XRP can sustain its rebound or if bearish pressure could test support levels again.

Read Also: XRP Price Surge Targets $3 Breakout

Key Takeaways

• XRP price is consolidating above $3 despite weaker weekend volumes.
• Technical charts show a golden cross, signaling potential short-term bullish momentum.
• Resistance looms near $3.20, while $2.94 remains the key invalidation level.
• The Rabby Wallet XRPL EVM integration could drive new developer activity and support price resilience.
• Market sentiment will be shaped by US CPI fallout and the upcoming FOMC meeting.

XRP Price Holds Above $3

On September 14, XRP maintained a steady footing around $3.04, slipping by just over 2% during the session. Despite the dip, the daily candlesticks highlight how bulls defended the $3 threshold as spot trading volumes fell nearly 32% to $4.5 billion.

This consolidation comes at a critical time, as broader crypto markets slowed following hotter-than-expected US CPI inflation data. While macro headwinds remain in play, XRP has benefited from ecosystem updates that reinforce its fundamental story.

Rabby Wallet Integration Boosts Sentiment

One of the weekend’s most notable developments came from Rabby Wallet, which confirmed support for XRPL’s EVM smart contract chain. This move adds interoperability with Ethereum-based smart contracts, expanding Ripple’s ecosystem potential.

The integration, achieved through a partnership with Peersyst, has already sparked optimism that new developer activity and use cases could emerge. For XRP, this narrative has helped offset bearish macro pressure and keep prices supported above $3.

Read Also: Vitalik Buterin Back Among Crypto Billionaires

Technical Indicators Show a Golden Cross

Source: Coinspeaker

On the daily chart, XRP’s Super Simple Moving Averages (SMA 5, 8, and 13) have aligned into a bullish crossover, popularly known as a golden cross. This pattern suggests that short-term momentum is building in favor of buyers.

The Bull Bear Power (BBP 13) indicator has also remained positive since September 7, confirming that bulls have regained dominance after August’s weaker close. As long as this trend holds, XRP’s bias will stay tilted upward.

Price Levels to Watch This Week

• Immediate Resistance: $3.20 remains the nearest ceiling, aligning with last week’s rally peak. A breakout here could open the door to further gains.
• Critical Support: $3.00 is the psychological line in the sand. Holding this level is essential for maintaining the bullish case.
• Invalidation Zone: A breakdown below $2.94 (the 13-day SMA) would negate the golden cross momentum and put bears back in control.

With the FOMC meeting set for September 18, traders should also prepare for volatility driven by macroeconomic narratives.

Final Thoughts

XRP enters the new week with a cautiously bullish setup. The golden cross pattern, coupled with ecosystem upgrades like Rabby Wallet’s XRPL EVM integration, gives Ripple’s token a short-term edge. However, the combination of weak volumes and looming resistance at $3.20 means buyers will need to stay aggressive to extend gains.

For now, as long as XRP defends $3, the bias leans upward. A push past $3.20 could confirm renewed bullish momentum, while a dip below $2.94 would flip the outlook bearish.

Read Also: Is XRP Becoming More Popular? This Data Thinks So

FAQs

What is XRP’s current support level?

XRP is currently supported at $3.00, with a stronger invalidation level at $2.94 based on the 13-day moving average.

Why is the golden cross important for XRP?

The golden cross indicates that short-term averages are crossing above longer-term ones, signaling building bullish momentum.

Can XRP reach $3.20 this week?

Yes, but only if buying pressure increases. Without stronger trading volumes, $3.20 may act as a ceiling.

What could make XRP bearish again?

If XRP falls below $3.00 and breaks the $2.94 support, the bullish narrative would weaken, putting downside risks back in play.

How does the Rabby Wallet integration affect XRP?

By adding XRPL EVM support, Rabby Wallet enhances Ripple’s interoperability with Ethereum smart contracts, potentially boosting developer adoption and long-term utility.