XRP's Breakout Above 200-Day MA Puts Bulls Back in the Driver's Seat

XRP has delivered one of its most obvious bullish reversal signals of 2025. The asset broke above its 200-day moving average and maintained that level throughout a subsequent correction.

Although the initial rally has subsided, the technical framework remains robust. XRP is currently trading around $1.39 after reaching a peak close to $1.70.

The bearish trend line appears weak due to low selling volume, suggesting that bears are struggling to push XRP below its long-term trend indicator.

Shorter averages are also starting to shift upward, with the 50-day and 100-day moving averages standing at around $1.14 and $1.21, respectively. The 20-day EMA has risen to roughly $1.26.