After a strong rally earlier this summer, XRP price has entered a consolidation phase. The current price action is hovering around key resistance levels on both its USDT and BTC pairs. While momentum has slowed, the charts still exhibit a generally bullish trend, with multiple crucial support levels remaining firmly in place. 200-day moving average crossover provides an added indication of potential upward movement. 3.10 mark on the XRP/USDT daily chart is currently facing resistance around $3.40. Following a breakout above $2.70 in July, this zone has flipped into a crucial support area. Technical analysis also highlights that both the 100-day and 200-day moving averages have been trending upward recently, forming a bullish crossover around $2.45, further reinforcing medium-term bullish sentiment. If the $3.40 resistance is breached, XRP price could surge toward the critical $4.00 range. However, a neutral RSI hovering near 50 suggests limited momentum at this point in time. This indicates a short-term pullback into the $2.80 support zone is still possible. This zone will be crucial to maintaining the bullish structure. Losing it could trigger a deeper correction toward the 200-day moving average, which sits around $2.40 mark. However, as long as prices stay above the moving averages, the broader trend remains bullish.