Interpreting the Higher Highs in XRP's RSI for Price Movements

On the XRP price chart, a significant technical indicator is providing crucial insights into the strength of its current price activity. The Relative Strength Index (RSI), a momentum measurement tool, is ascending alongside XRP's price. This development has been highlighted by the well-known XRP analyst EGRAG CRYPTO, who asserts that this trend affirms the ongoing bullish phase.

In a recent update on X, EGRAG CRYPTO elaborated that the correlation between the rising price and the RSI signifies a robust uptrend, indicating that buying pressure is likely to persist.

EGRAG CRYPTO emphasized that when both the price and the RSI reach higher highs, it serves as one of the most reliable confirmations of a healthy market trend. He pointed out that this scenario reflects a strong buyer dominance and suggests that the market is not in an overextended state. According to his analysis, a simultaneous increase in price and RSI indicates that the uptrend is genuine and backed by strength, contrasting with bearish divergence, which is characterized by rising prices accompanied by a declining RSI. This divergence often hints at waning momentum and potential corrective action.

The RSI figures from EGRAG CRYPTO’s chart reveal a consistent upward slope of approximately 9.32°, which aligns with XRP’s gradual price increase over the past year. This synchronized movement suggests that the trend is sustainable and is supported by authentic market engagement rather than fleeting enthusiasm.

According to EGRAG CRYPTO’s chart, XRP has successfully surpassed the midpoint of its long-term ascending parallel channel. The red trendlines that outline this channel date back to 2014. XRP’s breakout above the resistance has led to a bullish momentum comparable to the rallies seen in 2017/2018.

The yellow moving average line, representing the multi-month trend, is also ascending and providing robust dynamic support beneath the price candles. This configuration illustrates XRP's enhanced market structure in comparison to previous bear market phases that spanned from 2022 to mid-2024.

XRP Price Chart. Source: @egragcrypto On X

According to EGRAG CRYPTO’s analysis, he identifies $2.07 as a critical support level, with a near-term target set at $3.65, which corresponds with its all-time high projected for July 2025.

EGRAG CRYPTO’s insights indicate that the momentum of XRP is being validated through both its price structure and the alignment of the RSI, reducing the chances of experiencing a significant price reversal. The absence of bearish divergence implies that the current rally is more likely to continue rather than face exhaustion. If XRP manages to maintain its position above the pivotal midpoint breakout zone, a return to the $3.65 mark could be imminent.

As long as XRP remains above the $2.07 and $2.50 levels, the uptrend will continue to show resilience, with RSI momentum reinforcing the broader bullish sentiment. At the time of this report, XRP is trading at approximately $2.58, having pulled back slightly from its intraday peak of $2.66. Recent trading activity has seen the cryptocurrency attempting to reclaim the $2.60 threshold.