Despite recent dips, XRP continues to show signs of a bullish trend as both its price and Relative Strength Index (RSI) display upward movements. A recent analysis from market technician Egrag Crypto confirmed this, indicating that XRP’s price pattern and momentum are likely to maintain their current direction, reflecting a strong market sentiment.
RSI and Price Alignment Show Market Strength
The analyst noted that the RSI has been trending upward, with a slope of around 9-10. This upward momentum is essential as the RSI reflects the strength of market buying pressure.
A rising RSI generally confirms that demand for the asset is increasing, strengthening the chances that XRP will continue to appreciate. Meanwhile, the RSI’s positive movement aligns with the price trend, indicating no divergence that would signal a possible reversal in market direction.
As a result, Egrag Crypto highlighted that the ongoing upward movement of both the price and RSI points to strong bullish momentum. With both indicators moving in line, the bullish trend for XRP remains intact, suggesting no immediate pullback or weakening of momentum.
#XRP – Still #BullishAF 🔥:
Looking at the #XRP chart from a macro perspective, both the price and the Relative Strength Index (RSI) are trending upward! 📈 Here’s what we’re seeing:
▫️Price Trend: The price is on an upward trajectory, showing strong buying interest and… pic.twitter.com/cpWheqV796
— EGRAG CRYPTO (@egragcrypto) October 10, 2025
Highly Bullish XRP Setup
These aligned price and XRP trends led Egrag Crypto to conclude that a bullish scenario is forming for XRP. He further noted that the cryptocurrency would continue to appreciate in these circumstances, potentially targeting unprecedented prices.
The commentator predicted that closing above $4 will be crucial for a major move to “Valhalla.” Notably, the $4 price mark aligns with the tip of the ascending resistance neckline on the one-month timeframe.
Meanwhile, XRP’s market capitalization currently stands at $168.5 billion, with a circulating supply of approximately 60 billion coins. This limited supply, combined with the strong market performance, has contributed to XRP’s stable yet positive market behavior. Its 24-hour trading volume is $4.91 billion, reflecting large market activity despite a 1.61% decrease compared to the previous period.
XRP’s Current Price Action
At the time of reporting, XRP was trading at $2.81, showing a 0.39% decline over the past 24 hours. The cryptocurrency has experienced slight fluctuations throughout the day, dipping to $2.79 before rebounding to its current level. Despite this minor retracement, XRP’s price remains on an overall upward trajectory.
The recent analysis adds to the growing sentiment that XRP would rebound from recent lows. An earlier commentary from Mr. Xoom projected that XRP would reclaim the third position in the crypto market cap rankings, sharing the possible timeline for this move.
The CoinRemark Team
Brenda Kanana
