XRP prices show updated strength in the last 24 hours, recording a modest daily gain of 2.27%. This chart shows a clear base formation around key demand zones that have been retested multiple times in recent months. In particular, the structure of candlesticks suggests that market participants discover stability despite wider market uncertainty.
XRP Price Actions are built from the demand zone
The XRP price forecast narrative is heavily shaped by recent actions regarding highlighted demand zones. On July 5th, the assets rebounded sharply from this support, creating a quick upward wave that stretched into mid-July before fading.
Then again, on August 22, XRP bounced back with a noticeable volume, reflecting a similar pattern, causing a temporary uptrend. Most recently, the recovery on September 18th marked another important attempt to protect this important foundation, highlighting the importance of the zone.
Current XRP market value Sitting at $2.91, pushing again against the downward resistance that closes out previous attempts. Importantly, the triple bottom construction suggests that sellers are losing control, while bullish setups continue to gather on the ground.
In the long term, XRP price forecasts are optimistic, with forecasts showing potential rises above $3.66 if breakout conditions are confirmed. Additionally, the RSI is now approaching equilibrium, leaving buyers with space to extend higher pressures.
Meanwhile, the overall chart structure supports integration before decisive movement. Specifically, repeated rebounds indicate that assets may be preparing for a broader breakout cycle where they could grow at the end of the year. Coingape predicted previously If the downward channel breaks, the target is approaching $4.
Ripple CTO David Schwartz is on the sidelines after being shocked
Announcement of resignation Ripple’s CTO David Schwartz has added a new layer of plot to XRP supporters. Specifically, Schwartz revealed his plan to resign at the end of the year, but he promised to continue engaging in the ecosystem.
Importantly, his message expressed his gratitude to the XRP ledger builders and developers who have worked with him for over a decade. Meanwhile, he highlighted his confidence in a new generation of innovators and reassured the community about continuity.
In particular, Schwartz emphasized that his departure would not inform his departure as he contributed to the XRP project he is passionate about. His impact has long been linked to the foundations of the XRP ledger, and the timing of this transition has become particularly important. Additionally, he highlighted the strong updates on the network and placed XRP for future recruitment despite changes in leadership. Ultimately, leadership transitions can cause uncertainty, but his words strengthen Ripple’s belief in the roadmap and his ability to maintain progress.
In conclusion, XRP prices continue to show resilience in demand support, strengthening the bullish potential. The triple bottom structure suggests strength, even if resistance is overhead. Meanwhile, Ripple’s leadership transition may be a temporary emotional sensation, but it strengthens long-term trust. XRP price forecasts are leaning resolutely upward as technical and structural factors are adjusted.