Technical outlook: What’s next as XRP holds critical $3.00 support :

XRP is trading above $3.00 at the time of writing on Friday. A minor pullback from the intraday high of $3.07 suggests that profit-taking is underway. However, a buy signal from the Moving Average Convergence Divergence (MACD) has been maintained since Monday, supporting the bullish outlook for a breakout toward the next key resistance at $3.35, which was last tested in mid-August.
A closer look at the Relative Strength Index (RSI), which is currently at 55 and moving sideways, indicates a cooling of bullish momentum. If the RSI declines below the midline, XRP could extend the pullback below the $3.00 short-term support.

Traders should keep an eye on the 50-day Exponential Moving Average (EMA) at $2.925, which could serve as the first key level of support. If instability rocks the XRP market, the 100-day EMA at $2.798 and the 200-day EMA at $2.55 could come in handy to absorb potential sell-side pressure.

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