XRP Holds $1.88 Fibonacci Support as 3-Day Chart Signals Bullish Continuation

XRP is once again drawing attention on higher timeframes as its 3-day chart begins to mirror past bullish phases. Market observers are closely watching how the price behaves near long-term support zones, especially as momentum indicators hint at a possible trend continuation rather than a breakdown.

Also Read: XRP ETFs Record $1 Billion Inflows Alongside JPMorgan’s Ethereum Push

XRP 3-Day Structure Signals Strength After Long Correction

Dark Defender explained that the XRP 3-day chart now presents one of the clearest bullish setups. He then added that the larger pattern is similar to what was seen around July and November 2024, times that have seen big upside moves. The chart showed XRP trading sideways for several months in a tight range.

In this phase, the price kept testing demand zones where buyers kept coming in. These served as areas where more stock was gathered, showing that selling pressure wasn’t pushing prices lower fast. Meanwhile, the RSI has also remained near oversold levels but did not break down, which means the downward momentum has weakened.

It finally transformed into a big, fast rally, Wave three in the bigger pattern. Prices started rising strongly. The RSI moved above its middle line with a lot of confidence. This move indicated an expansion on a larger scale compared to accumulation.

Source: X

After rallying, XRP didn’t correct hard. It went lower in three steps, staying above rising macro support. Even as the price fell, RSI made higher lows.

This is typically an indication of hidden strength and indicates that the pullback is part of a larger uptrend, not the beginning of a reversal. The price appears to be presently testing a key demand zone near the 61.8% Fibonacci retracement around $1.88, where buyers on higher timeframes have normally stepped in.

Wedge Patterns and Momentum Support a Larger Move

Another expert, JD, looked at the big picture and noted that XRP has continued to follow wedge patterns on the 3-day chart: Earlier in the cycle, price was squeezed inside a falling wedge where selling gradually weakened. 

When XRP finally broke above that setup, it rose in a smooth, textbook manner closely matching what the chart structure indicated.

Source: X

As XRP finally broke above this setup, it continued with a clear measured move and stayed close to what the technical setup had indicated.

Following this rally, XRP began a descending broadening wedge. While this is a pattern that expresses increasing volatility and uncertainty in the market, it can often occur toward the termination of a correction.

The price has gradually moved down toward the lower edge of this pattern, where strong historic demand lies. Recent candles indicate a bounce off of this area, which would suggest weakening bearish control.

This view is also supported by momentum indicators. The RSI remains above long-term support and is attempting to push higher, even though the price pushed to lower levels.

Also Read: XRP Forms Rounded Base Near $1.88–$1.90 After Strong Mid-2025 Rally