The price of XRP has been capped at $3.00 since September 9, according to Coinidol.com.
Over the past three days, the altcoin has traded above the support level of $2.90 and below the $3.00 mark.
XRP long-term analysis: bullish
The weekly chart shows that the upward correction has come to an end at the recent high. If buyers are successful, XRP (or Ripple) will reach its previous high of $3.66. If XRP fails to break above the $3.00 level, the price will eventually fall. If XRP falls below the 21-day SMA support, the falling price trend could continue. If XRP breaks below the moving average lines, it will fall to the low of the 2.0 Fibonacci extension, which is at $1.857.
Technical indicators:
XRP price indicators analysis
On the weekly chart, the altcoin is rising as the price bars are moving above the moving average lines. On the daily chart, however, the price movement is trapped between the moving average lines. The $3.00 barrier has halted the altcoin’s upward trend. The moving average lines are horizontal due to the sideways trend.
XRP/USD weekly price chart – September 11, 2025
What is the next direction for XRP?
XRP has been below the $3.00 barrier or the 50-day simple moving average for the past three days. The cryptocurrency price has fluctuated above the 21-day SMA support and below the 50-day SMA barrier at $3.00. Each time the XRP price rises above the most recent high, it is repelled. However, selling pressure will return if the price falls below the 21-day SMA support.
XRP/USD 4-hour chart – September 11, 2025
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.
Source: https://coinidol.com/xrp-faces-the-barrier/
