XRP has been in the upper part of its weekly all-time high of two-point ninety-eight, which indicates a significant change of structure in the market. RSI shows that there are oversold conditions at 39.47 whereas the MACD demonstrates that there is still a bearish momentum, which is a warning in the short run. The short-term trading opportunities are defined by the key support of $2.96, resistance of $3.09 and $3.45. XRP ended the week higher than its all-time high, which was a tremendous technical advancement in its current structure. The asset traded towards the end of the session at around $2.98, which represents a 3.4% drop over the last 24 hours. Although the weekly structure showed a momentary decline, it marked a clear break above the previous area of resistance and focus was shifted toward the higher levels. The token has been able to cross the previous all time high of the week, a level that has been acting as a barrier throughout the months. It is important to note that this breakout came after a few weeks of consolidation with buyers slowly protecting the support area at $2.96. The price has also crossed the specified down-trend line and this is an indicator that the sellers have no momentum at this point. Technical Indicators Signal Market Pressure Alongside price action, the weekly Relative Strength Index (RSI) provided an additional technical signal. The RSI stands at 39.47, which means that XRP is oversold. Simultaneously, the MACD line has approached downward and below its signal line indicating bearish long-term movement. Source: TradingView This cross highlights the increasing negative pressure, which highlights the need to hold above the important support lines. Still, with the RSI far from the overbought zone, there remains room for potential recovery if buying strength re-emerges. XRP Breakout Gains Momentum Attention now turns to immediate price levels that could influence upcoming sessions. The support zone stands at $2.96, a level that remains critical to maintaining the recent breakout. On the upside, resistance has been identified at $3.09, with the next potential reaction zone near $3.45. $XRP closed above our previous weekly ATH and arguably broke our current downtrend.Watching for weekly RSI bullish cross. pic.twitter.com/0d1JXvST3g — Cryptoinsightuk (@Cryptoinsightuk) September 15, 2025 Meanwhile, the 24-hour trading range of $2.96 to $3.09 indicated on-going volatility and re-confirmed the importance of the levels for short-term action followed by investors. Overall, XRP was strong on the weekly chart with a confirmed breakout and RSI cross in progress. These circumstances emphasized the importance of near-term support and resistance levels, as market participants continue to assess momentum on the bigger timeframe. XRP’s breakout above prior highs, supported by bullish RSI signals, strengthens momentum, highlighting key support and resistance for sustained progress.