On the daily chart there's a massive triangle formation that will resolve in the next days. It can go both ways, and if it goes down the damage could be significant as there is nothing below - no support. This would break the all time low trendline formed from the Aug 18 lows, and revisited several times. So if XRP goes under, things could get ugly.
On the other hand, if the price breaks above the downtrend line formed from highs around Sep 18 this would be bullish and a new pump could be expected, especially since XRP has been relatively quiet during the recent crypto rally. We can see that XRP did break out of the triangle, but it was unable to sustain the growth and fell back into it. It should be noted there is lots of MAs and EMAs that are directly overhead that have been very reactive.
On the other hand, if the price breaks above the downtrend line formed from highs around Sep 18 this would be bullish and a new pump could be expected, especially since XRP has been relatively quiet during the recent crypto rally. We can see that XRP did break out of the triangle, but it was unable to sustain the growth and fell back into it. It should be noted there is lots of MAs and EMAs that are directly overhead that have been very reactive.