[Digital Today intern reporter Seung-a Yoo (유승아)] Ripple's XRP has held the 200-day moving average during a correction after breaking above it, signalling its clearest bullish reversal of 2025 so far.

On Aug. 30 (local time), blockchain outlet U.Today reported that the initial surge had cooled, but assessments said the technical structure supporting the uptrend had become more solid than before.

XRP surged from about $1.00 to a peak near $1.70, then traded around $1.39. It quickly retreated from the $1.50 level after the rise, raising concerns the move could end as a short-term spike, but selling failed to push the price below the 200-day moving average, a long-term trend indicator.

The key basis was volume. As volume fell during the correction, an analysis said "sellers failed to secure sufficient volume." A drop in volume during a pullback typically means selling pressure struggles to build a foundation for a full-scale bearish reversal.

Technical support has also strengthened. The 50-day moving average formed around $1.14, the 100-day moving average around $1.21, and the 20-day exponential moving average around $1.26. With short- and mid-term moving averages also rising after the break above the long-term average, the move was interpreted as a signal it was beginning to affect a broader trend rather than being a one-off price spike. The relative strength index rose into overbought territory during the initial surge, then fell to about 65.

That suggests upside momentum has been maintained while some overheating pressure has eased. The price level the market is watching first is $1.35. If that holds, the possibility of a renewed rise toward the $1.45 to $1.50 zone has been raised.

If it falls below the 200-day moving average for an extended period, the bullish reversal scenario could weaken. In that case, XRP could retreat to the $1.20 to $1.26 range. To test the recent high again, it would first need to regain the $1.45 to $1.50 zone, and $1.70 was presented as the next key breakout target.

Market focus is shifting from a repeat of a short-term spike to whether the long-term trend can be maintained. XRP does not immediately need a second vertical surge, and keeping the 200-day moving average as support could be a more important reversal signal. That leads to analysis that XRP's next direction depends less on another sharp jump and more on whether it can hold the 200-day moving average and the $1.35 support level.

Still, the latest market data show XRP trading around $1.39, while the 200-day simple moving average stands at about $1.45. The 50-day and 100-day moving averages can also vary depending on the data provider and calculation time. Rather than concluding the bullish reversal setup has already collapsed because XRP has dipped below the 200-day moving average, it is more appropriate to view whether it can regain that indicator as a key variable for the trend ahead.