- XRP consolidates between $2.50–$3.35, with $3.65 seen as the breakout level for price discovery.
- Trading volume remains steady, supporting consolidation and signaling potential bullish continuation.
- XRP Ledger upgrade and SEC case resolution strengthen long-term adoption and ecosystem growth.
XRP has entered a consolidation phase after its latest breakout, with price action stabilizing near $2.90 at the time of writing. Consolidations are healthy, especially after such a strong breakout, as they allow markets to form new support zones. Current data indicates that a bullish continuation from here is the most likely scenario.
XRP Price Consolidation and Key Levels
According to analysis prepared by Galaxy, XRP/USD has been consolidating between $2.50 and $3.35, with support levels at $1.89 and $1.07. Resistance appears at $3.35 and stretches toward $6.67, marking key thresholds for the next potential breakout.
EGRAG Crypto identified $3.65 as the crucial level XRP must close above to enter what he called “Valhalla,” targeting $23. He explained that this level represents the mid-point of his regression channel and could unlock a new phase of price discovery.
His model, named the “Bent Fork,” has tracked previous XRP cycles with rallies to upper arches. XRP has maintained steady trading volume through this phase, confirming participation at current levels. According to TradingView chart data, volume stability supports the consolidation process, which often leads to continuation patterns.
Analyst Signals and Market Developments
Ali Martinez observed that the TD Sequential indicator printed a buy signal on the hourly chart, signaling potential near-term upside. He added that defending the $2.85 support remains critical for XRP to sustain momentum toward the $4 zone.
CRYPTOWZRD reported that XRP closed bullish against Bitcoin, with market share shifting as BTC dominance fell to 57.4% on CoinGecko. This development suggests that XRP may continue to gain strength relative to the broader market. In the meantime, Ripple Labs has taken steps to encourage institutional use as the XRP Ledger 2.5.0 upgrade introduced batch transactions, novel escrow capabilities, and support of stablecoins.
These updates together with the legal settlement between Ripple and the SEC have strengthened longer term bullishness in the ecosystem of XRP. Market analysts are watching out on whether XRP can continue to advance following gains, with consolidations following powerful breakouts extending the strength of the bullish trend.
