XRP is stuck in a waiting game. After weeks of choppy moves, the token is still hovering between familiar support and resistance zones, leaving experts on edge about which way it will break next. At the time of writing, XRP is trading at $2.82 and is up by more than 1% in the last 24 hours,
For over a month, analysts have warned that XRP’s momentum was cooling off, and that slowdown is now clear in the price. The run from recent highs has stalled, and the market looks hesitant.
The daily chart shows the boundaries clearly. Strong support is sitting around $2.75, while resistance has clustered between $2.85 and $2.90. Price is stuck in this narrow box, bouncing back and forth without a clear breakout.
If XRP can push through $2.90 with strength, the next target would be around $3.80, where sellers previously stepped in. If it loses $2.75 with confirmation, the fall could extend toward the $2.55 to $2.62 region, which is the next major support.
Another factor to watch is a possible descending triangle pattern. This forms when resistance keeps pressing lower while support holds steady. At the moment, resistance is sitting just under $3, and the support base is still firm at $2.75. A confirmed close below $2.75 would activate this bearish setup. Until then, the pattern remains unconfirmed.
XRP isn’t moving in isolation. Like most altcoins, it’s shadowing Bitcoin, which is also trading sideways. That lack of direction at the top of the market is filtering down, keeping XRP range-bound. Unless Bitcoin wakes up with a strong move, XRP may stay trapped between support and resistance for a while longer.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Dogecoin (Doge) is once again catching traders’ attention after a steady price rise this week.…
Telegram founder Pavel Durov has raised alarm over a sharp rise in crypto-related kidnappings in…
Algorand price is starting to shift after months of pressure, with ALGO price pushing higher…
The European Central Bank has taken a major step toward launching the digital euro by…
The Solana price is setting up for a breakout as the market heads into the…
More than 100 crypto firms urge Senate to move on U.S. market structure bill according…
