TLDR
- XRP holds its former resistance now acting as support.
- Measured move model projects $15+ if structure confirms.
- Accumulation near the demand zone fuels a $6 breakout case.
- Daily trend flips bullish above $2.00–$2.20 resistance.
XRP is currently trading at a pivotal inflection point, with multiple technical models evaluating the viability of recent support retests in sustaining a broader recovery. Analysts point to structural retests, accumulation behavior, and trendline resistance as key factors shaping the present outlook. Price targets range from immediate rebounds above $2 to more ambitious long-term expansion scenarios, contingent on the stability of higher-timeframe support.
XRP Price Holds Key Retest Zone
According to analyst Javon Marks, the price of XRP is following a classic measured move retest pattern commonly seen in previous macro expansions. The analysis indicates that XRP broke out from an extensive consolidation period before experiencing a corrective pullback. The current retracement aligns with a former resistance zone, which appears to now be functioning as structural support.
Crucially, the price has not decisively breached this retested area. Instead, XRP has maintained stability above it, signaling absorption of demand rather than renewed distribution. In trending markets, such retests typically act to reset momentum before continuation, especially when consolidation replaces sharp sell-offs.
Marks’ long-term projection rests on a measured move derived from the previous accumulation range, potentially indicating a target of over $15 if XRP confirms higher highs and retains higher-timeframe support. Although this projection is conditional, the prevailing structure remains constructive as long as the retest zone holds strong.
Accumulation Signals Build for XRP Price Expansion
In parallel, analyst Hailey introduced a comprehensive accumulation-based thesis focusing on XRP’s behavior near a robust horizontal demand zone. The chart identified a support band where the price has consistently attracted buyers. The latest downside attempt resulted in a sharp rejection wick, suggesting the exhaustion of sellers at that particular level.
Notably, this analysis implies XRP is transitioning out of compression and into a potential expansion phase. In the realm of cryptocurrencies, prolonged consolidation above a strong support level often signals an impending parabolic advance once supply begins to dwindle. Thus, periods of muted volatility may set the stage for swift upward movements.
The anticipated target nearing $6 coincides with prior resistance clusters and critical psychological price levels. However, confirmation is necessary; XRP must reclaim its near-term structure and establish higher highs on shorter timeframes to pave the way for this breakout. Absent this shift, the price may remain mired within the broader accumulation zone.
Daily XRP Price Trend Hinges on Resistance Break
Furthermore, analyst CryptoWZRD offered a more cautious daily technical perspective. The analyst’s chart demonstrates XRP trading beneath a descending trendline, showcasing a pattern of lower highs since its last peak. This dynamic resistance has stifled multiple rally attempts, sustaining a technically bearish short-term structure.
The recent fall into the $1.30 to $1.40 range represented a significant liquidity test, with large lower wicks indicating aggressive buying interest during dips. Despite the subsequent bounce, XRP remains below the descending resistance, leaving the daily trend unresolved.
For a bullish shift, the price needs to breach the trendline and reclaim the $2.00 to $2.20 range. If momentum accelerates, a move toward $2.40 could follow suit. Conversely, a sustained loss of the $1.30 level could expose additional downside risks, potentially dragging the price towards the $1.07 mark.
