XRP Maintains Key Support Level Amid Bullish Technical Position

XRP's recent rally has left it in a bullish technical position, but holding onto its key $1.35 support level will be crucial for extending its recovery.

During its strong August surge, XRP reclaimed and maintained the critical long-term support area around $1.35, which could determine whether the cryptocurrency continues to rise or faces a deeper correction.

A successful defense of this level would reinforce the view that XRP has broken away from its previous bearish trend, but a daily close below $1.35 could weaken the bullish structure and increase the risk of a sharper pullback.

XRP's shorter-term moving averages remain significantly below the current price, highlighting the speed of the recent rally. The 50-day moving average is near $1.14, while the 100-day average is around $1.21, with the rapidly rising 20-day exponential moving average reaching approximately $1.26.

The wide gap between XRP and these moving averages reflects how quickly the token recovered from its August low near $1.00. Momentum indicators are also beginning to normalize after the rapid advance, with the Relative Strength Index (RSI) cooling down to around 66.