XRP Price Rally Holds Strong: Key $3.22 Support Critical for Next Move

• XRP’s price shows steady gains but remains in a consolidation phase after a sharp rise.
• Technical indicators signal cautious optimism, with important support near $3.22.
• Traders watch for momentum signals, including MACD crossover and RSI climbing above 65.

XRP is currently trading at $3.27, up 7.49% in the last 24 hours, and up 9.40% over the past week. The movement reflects a big rally starting mid-July, when XRP soared from around $2.70 to above $3.30. The rally has been followed by a consolidation, during which the prices stabilize prior to the subsequent potential movement.

The averages indicate a positive sentiment. The price is above the 50-day exponential moving average (EMA), valued at approximately $2.63, indicating medium-term bullishness. The immediate shorter 9-period double EMA (DEMA) valued at around $3.16 constitutes immediate support, suggesting buying interest around the current levels.