XRP Holds Critical Zone as Traders Eye a Possible Upswing Toward $3.00
XRP is attempting to stabilize near $2.52 after facing a steep pullback from its 2025 highs above $3.70, according to the weekly chart. The digital asset, paired against Tether (USDT), remains in a long-term uptrend channel, though short-term sentiment has shifted toward cautious consolidation.
After rallying strongly earlier this year, XRP encountered resistance near the ascending trendline that extends from its 2021 peak. The recent correction has brought price action back into a key green demand zone between $2.40 and $2.70, which previously served as a breakout base.
Market data indicates layered support below, with a major accumulation zone around $1.80–$2.10 and a deeper historical floor near $1.20–$1.50. The upper resistance, currently near $3.50–$4.00, continues to cap momentum until stronger buying volume emerges.
“XRP’s structure remains technically healthy as long as the $2.40 region holds,” BitXJournal technical analyst explained. “A sustained rebound above $2.80 could reintroduce bullish pressure, while a close below $2.40 might reopen a path to the mid-$1 range.”
Trading activity has slowed slightly, with weekly volume recorded near 690 million XRP, signaling reduced volatility after recent swings. Analysts often interpret this type of contraction as a precursor to a larger directional move.
BitXJournal strategist added, “The consolidation under the long-term trendline is constructive. If XRP maintains higher lows, the probability of retesting $3.50 increases substantially.”
XRP’s ability to defend the $2.50 threshold will likely determine its mid-term trend. Holding this level could signal renewed accumulation before the next potential breakout.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.