- XRP holds strong above $2.22 support as it nears completion of its 3-day market structure.
- Analysts identify $2.85 and $5.85 as key resistance levels before potential Fibonacci targets unfold.
- RSI alignment with past levels signals steady consolidation ahead of a possible bullish breakout.
XRP is approaching a critical stage in its 3-day market structure, maintaining steady price action above the key $2.22 support zone. The cryptocurrency has successfully completed most of its 4-hour structure and continues to mirror prior projections with high accuracy. The RSI currently matches levels seen in November last year, showing that XRP may continue trading inside a tightening triangle before a breakout occurs.
XRP Sustains Key Support as Market Structure Remains Intact
According to analysis prepared by Dark Defender, XRP has followed its projected structure with 100% accuracy on the Dark’s Side. The token rebounded strongly from $2.22, confirming it as a reliable support zone. This level has been tested multiple times without a breakdown, indicating strong buyer presence.
The price trades around $2.65 after gaining 3.1% in the last 24 hours, maintaining steady momentum between $2.56 and $2.66 during intraday trading. Data from Coingecko shows XRP’s market capitalization at $158.67 billion, ranking fourth among global cryptocurrencies.
The fully diluted valuation stands at $264.35 billion, supported by a circulating supply of 60.01 billion XRP from a total of 99.98 billion tokens. The 24-hour trading volume reached $3.32 billion, reflecting consistent market engagement despite moderate fluctuations. The RSI’s position supports ongoing accumulation within the structure, with traders anticipating a move toward the upper resistance zones.
Technical Outlook and Upcoming Resistance Targets
According to ChartNerd’s observation, XRP continues to mirror its 2017 symmetrical triangle breakout structure, with Fibonacci extensions waiting above. The current resistances are located at $2.85 and $5.85, while $2.22 remains the key support. A confirmed breakout above the orange resistance line could signal a bullish continuation.
Fibonacci projections identify potential upside targets at $8.41, $13.62, and $27.10 once XRP completes its consolidation phase. The formation of higher lows within the triangle indicates sustained demand.
Analysts expect broader sentiment to shift bullish once XRP secures a daily close above $2.85. All other chart models have been revised except this one, which remains valid according to Dark’s Side. XRP’s consistent adherence to technical patterns positions it for a potential long-term advance if the structure holds and resistance levels are cleared.
