XRP Price Tests Critical Support: Is a Breakout Above $2.25 Resistance Next?

TLDR:

  • XRP price forms a bullish structure echoing its 2017 breakout rally pattern.
  • Key support at $2.145 holds as traders eye resistance at $2.25 and $2.69.
  • The reaccumulation phase may be ending, setting stage for final upward surge.
  • XRP volume tops $2.4B, showing strong market interest despite recent dip.

 

XRP has started showing strong signs of momentum after testing critical support levels. 

The crypto token now approaches key resistance areas that could define its next major move. Price action appears to be mimicking a familiar historical pattern from 2017, with technical setups indicating the potential for a strong rally. 

While short-term volatility continues, analysts see signs of strength building behind the scenes. As XRP edges higher, attention turns to whether the move has enough power to carry it through to fresh highs.

Historical XRP Price Pattern Points to Possible Final Surge

According to a two-week chart analysis shared by CryptoBullet, XRP’s current market structure is repeating a pattern seen in 2017. 

The setup includes three phases: an initial breakout pump, a symmetrical reaccumulation, and a final upward leg. This same sequence once took XRP to its all-time high, and the present formation seems to be following a similar script.

The analyst projects a potential rally toward the $4.50 to $5.40 range, aligning with a 1.618 Fibonacci extension. This forecast assumes that the current symmetrical triangle consolidation resolves upward. 

With XRP now trading near $2.10, such a move would reflect a gain of over 100%.

CasiTrades pointed to XRP’s bounce from $1.91 as a key signal that buyers are stepping in early. The market briefly dipped to $1.908 but reversed sharply, which the analyst called a “front-run” reaction. This early buying pressure indicated that traders anticipated the support level and acted before price reached it exactly.

Such behavior is often associated with strong markets and trend reversals. The bounce came as consolidation neared its end, marking a classic setup where fakeouts trigger a larger breakout. 

XRP’s move off the low has also been described as impulsive rather than corrective, which may suggest that a new bullish wave is forming.

Key XRP Resistance Zones Ahead at $2.25 and $2.69

Despite recent strength, XRP still faces resistance near $2.25 and $2.69. The first level marks a .382 Fibonacci retracement from macro highs, while the second aligns with the .236 zone. Traders are now watching these levels for confirmation of a broader shift.

For XRP to sustain its trend, support at $2.145 must hold in the short term. A strong push through the overhead resistance would indicate that momentum is not just a short-term reaction but part of a larger bullish breakout.

With current trading volume above $2.4 billion, investor interest in XRP remains elevated. Although the token has slipped by about 3% in the last 24 hours, its structure remains intact. Technical signals are aligning with growing optimism that the next leg up may be underway.

As analysts compare today’s setup to 2017’s explosive rally, the market now awaits a decisive move. If XRP clears its next resistance levels, the path toward a potential breakout to the $5 region could gain traction.

 

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