XRP Could Face Continued $3 Resistance as Cardano’s Lace May Add XRP Support and Shiba Inu Logs Hourly Golden Cross

• XRP faces $3 resistance

• Cardano’s Lace wallet to add XRP support

• Shiba Inu forms hourly golden cross

XRP $3 resistance persists: analysis of price levels, Cardano Lace XRP support update, and Shiba Inu hourly golden cross. Read technical outlook and key takeaways.

What is causing XRP to face $3 resistance?

XRP $3 resistance is driven by repeated price rejections at that level, with the Bollinger Bands midline recently near $3.09. Daily candles have failed to close above $3, keeping upper momentum capped and increasing the probability of pullbacks to $2.60 or $2.00.

On the weekly chart, the summer rally expanded volatility bands, but the retracement brought price back into the middle zone, reinforcing the $3 area as a key decision point.

How is technical setup shaping the outlook for XRP?

Short-term indicators point to a battle between buyers and sellers at $3. The mid-band (near $2.61 on one timeframe and $3.09 on another) acts as a pivot. If $3 keeps rejecting the upside, traders should monitor support at $2.60 and $2.00 for potential downside targets.

• Point break: Multiple rejections at $3 have established it as a strong ceiling.

• Price setup: Failure to close above $3 on daily charts raises risk of a drop to $2.60 or lower.

How will Cardano’s Lace wallet support XRP?

Cardano Lace XRP support will be added to the Lace wallet by the end of 2025, according to Cardano co-founder Charles Hoskinson. He said in an AMA on YouTube that a discussion with Ripple CEO Brad Garlinghouse confirmed plans to integrate the XRP token.

This addition follows Lace’s earlier multi-chain expansions, which included Bitcoin support. The integration could enable easier custody and transfers of XRP inside the Cardano ecosystem.

What are the implications of Lace adding XRP?

Adding XRP to Lace could increase interoperability and on‑ramp options for Cardano users. While this is a positive infrastructure step, adoption and on-chain activity will determine any lasting price impact.

Sources mentioned in coverage include public AMA comments by Charles Hoskinson and reporting by media outlets in plain text. No external links are provided.

Why did Shiba Inu form an hourly golden cross?

Shiba Inu golden cross on the hourly chart appeared as the short-term moving average crossed above the longer-term moving average, signaling short-term bullish momentum. The move coincided with buying pressure driven by optimism around a possible Fed rate cut.

SHIB spiked to about $0.0000135 amid the move, then retreated as traders booked profits. Hourly golden crosses are useful for intraday signals but require confirmation on 4-hour and daily charts for durable trends.

How should traders interpret SHIB’s hourly signal?

Use the hourly golden cross as an alert, not a confirmation. Monitor volume, higher-timeframe moving averages, and macro cues such as Fed comments for context before increasing position size.

Frequently Asked Questions

How likely is XRP to break $3 on the next attempt?

Probability depends on daily close above $3 and supportive volume. Current technicals show repeated rejections, so a confirmed breakout requires sustained buying and a daily close above $3 with higher-volume validation.

When will Lace add XRP support?

Charles Hoskinson announced Lace will add support for XRP by the end of 2025, following prior multi-chain expansions. Official rollout timing may vary as integrations complete.

Does an hourly golden cross mean a long-term uptrend for SHIB?

An hourly golden cross signals short-term momentum but does not guarantee a long-term uptrend. Confirmation on higher timeframes and sustained volume is needed to infer a durable bullish shift.

Key Takeaways

• XRP $3 resistance is entrenched: Repeated daily rejections and Bollinger Bands pivot points keep upside capped.
• Cardano Lace to support XRP: Hoskinson confirmed Lace will add XRP by end-2025, improving multi-chain options.
• SHIB hourly golden cross: Short-term bullish signal that requires higher-timeframe confirmation and volume support.

Conclusion

This market update highlights that XRP $3 resistance remains a crucial technical level, Cardano Lace XRP support is scheduled by end-2025, and Shiba Inu’s hourly golden cross reflects short-term bullish momentum. Monitor daily closes, volume, and higher-timeframe confirmations to assess next directional moves. COINOTAG will continue to track updates and provide timely technical analysis.

Published: 2025-08-25 | Updated: 2025-08-25 | Author: COINOTAG