The daily timeframe showed the mid-range mark at $0.37 has once more acted as a strong support zone. The breakout past $0.395 meant a move to the range highs at $0.41 was likely. However, the strong gains and the imbalances on the one-hour chart meant buying XRP at $0.4 might not be a good risk-to-reward trade.

The RSI declined from oversold territory. This does not indicate a pullback in the works by itself, but showed that the market could be overextended. The OBV saw a healthy rise to underline demand behind XRP. In the meantime, Bitcoin itself faces resistance in the $24.8k-$25.2k territory. A consolidation phase for BTC could give time for XRP to retrace and surge toward $0.42.

If the bulls are in control of the market, any retracement that XRP notes toward $0.38 or $0.39 would be accompanied by very little selling pressure. Hence, the OBV might not show a large dip.