- XRP trades above $2.15 with pressure building for a breakout or range retest.
- Bullish structure holds as XRP rebounds from $1.85 with higher lows in place.
- MACD and RSI momentum shift hints at early-stage bullish continuation signs.
XRP shows renewed upward momentum after rebounding from a well-tested horizontal support region. Price action has shifted from accumulation near the $1.85 level toward mid-range resistance just above $2.15.
Horizontal Levels Define Momentum Path
Short-term structure reveals a tightening range as XRP challenges local resistance. This contraction sets the stage for a decisive move, with both breakout and retest scenarios unfolding.
An analysis by Sjuul AltCrypto identified two key scenarios for XRP’s price trajectory. He pointed out a critical shift in sentiment after the deviation below support, noting a clear bounce back into structure. His findings revealed two focal zones: support around $1.85 and resistance near $2.90, forming the horizontal range.
Source: Sjuul
Tracking market behavior, he proposed two trade approaches depending on XRP’s reaction at the $2.15–$2.25 region. He explained that either a direct breakout or a retest of support could confirm continuation. His projection outlines a bullish path if XRP flips the mid-range level and holds above it during consolidation.
Observing XRP’s positioning, he noted that the price currently trades just above support, aligning with previous reversals from this zone. He highlighted that holding above the $2.15 threshold would maintain bullish structure and raise breakout potential. A retrace to $1.85 remains a valid scenario within the range if rejected.
Technical Structure and Price Action
Analyzing liquidity shifts, the XRP chart on TradingView reflects a macro uptrend from October 2024. Price moved sharply after breaking out of a consolidation, supported by a rising diagonal trendline. Two horizontal support zones, $1.88 and $1.33, marked significant bullish reversal points.
Source: TradingView
Examining trading volume fluctuations, higher participation emerged during breakout phases, validating trend strength. Volume faded during consolidation, reinforcing the chart’s range-bound nature. Despite recent corrections, XRP maintained higher lows, preserving bullish structure.
Observing XRP’s price action, resistance stands firm between $2.14 and $2.20, where previous rallies stalled. The RSI moved above the 41.94 mark, nearing neutral momentum levels. MACD crossovers confirmed directional strength, while histogram readings indicated early-stage bullish recovery.
