XRP is showing renewed strength in the market after reclaiming key support levels and holding steady above crucial moving averages. As momentum builds, traders are watching closely for signs of a breakout that could set the tone for the next major move. With buyers defending important zones and technical indicators leaning bullish, XRP may be gearing up for another upward attempt if it manages to clear overhead resistance.
XRP Shows Fresh Strength After Reclaiming $2.20
XRP began a strong climb after pushing above the $2.050 and $2.080 resistance zones, outperforming major assets like Bitcoin and Ethereum during the recent surge. The bullish momentum intensified once the price broke cleanly above $2.150, a key level that had capped upside moves in recent sessions.
This rally extended as buyers forced the price above $2.20, marking a new short-term high of $2.286. Following the high, XRP entered a mild corrective phase. The pullback remained controlled, with the price dipping toward the 23.6% Fibonacci retracement level calculated from the $1.817 swing low to the $2.286 high.
Despite this cooling period, XRP continues to trade comfortably above the 100-hour Simple Moving Average (SMA), showing that bulls remain in control of the broader structure. The presence of a supportive trend line near $2.170 further strengthens the case for continued upward momentum.
Key Technical Levels Supporting the Uptrend
XRP’s technical setup is tilting in favor of buyers, with several indicators signaling the potential for a renewed push higher.
A critical bullish trend line has formed on the hourly chart, providing reliable support near $2.170. This trend line has been respected by the market multiple times, indicating that buyers are actively defending this region.
The 100-hour SMA is also positioned below the current price, reinforcing a positive trend. As long as XRP remains above these two technical anchors — the trend line and the moving average — the chances of a sustained climb remain strong.
Immediate resistance is forming near the $2.250 mark. A decisive move above this level could allow buyers to target the next significant barrier at $2.280. This region aligns with previous consolidation zones and could attract increased trading activity.
If bulls secure a clear breakthrough above $2.280, the path may open toward the $2.320 target. Strong momentum past $2.320 may elevate the asset toward the $2.420 resistance, where profit-taking could intensify. If the market continues to favor buyers, an extended rally could touch $2.450 or even challenge the $2.50 psychological boundary.
Potential Bullish Scenario: Break Above $2.25 Could Fuel Rally
For XRP to gain meaningful traction, it must breach the $2.250 resistance cleanly. This level has acted as a short-term ceiling, limiting upside attempts during the current consolidation phase.
A successful break above $2.250 — supported by strong volume — could trigger a wave of bullish activity, driving the price toward the higher resistance zones mentioned earlier. Traders are watching this area closely, as a breakout could signal the beginning of a new upward leg in the current trend.
Market sentiment continues to improve gradually, with traders showing increased confidence as volatility stabilizes. If positive momentum aligns with strong technical indicators, XRP could regain its pace and approach the next major milestone.
Key Supports to Watch if the Market Pulls Back
While the overall structure remains bullish, XRP still faces some risk of downside movement if it fails to clear the immediate resistance zone.
The first major support sits at $2.170, where the bullish trend line currently rests. A break below this level could introduce some short-term weakness and trigger a deeper correction.
Below $2.170, the next notable support lies near $2.120. A close beneath this zone could pull the price toward $2.050, aligning with the 50% Fibonacci retracement level from the recent swing move.
If selling pressure intensifies further, XRP could revisit the $2.00 support area. This zone is crucial; a drop below it may expose the price to additional downside risk, potentially extending toward $1.925.
Outlook: Bulls Maintain Control but Need a Breakout Signal
XRP continues to hold its bullish footing as long as it stays above key support levels and the 100-hour SMA. With a strong trend line supporting the structure, bulls appear prepared to attempt another breakout.
All eyes now rest on the $2.250 resistance. A successful breakout could trigger a fresh bullish wave and potentially pave the way for XRP to climb toward $2.320, $2.420, and beyond.
For now, the market remains cautiously optimistic, with XRP showing signs of strength that could soon translate into a decisive upward move.
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