Critical Resistance Levels for XRP

XRP faces key resistance zones that traders should monitor closely to determine potential breakout points. These levels represent price areas where selling pressure has historically increased, making them crucial for assessing XRP’s future price action.

1. $3.40 – Major Resistance Zone

The $3.40 level stands as a significant resistance area where XRP has struggled to break through in past attempts. A decisive move above this level with strong volume could signal the start of a new bullish trend, potentially leading to a retest of all-time highs. However, failure to clear $3.40 may result in rejection and a move back toward lower support levels.

2. $1.96 – Key Historical Level

Previously a breakout point in 2021, $1.96 now serves as a crucial pivot level within XRP’s broader trading range. If XRP reclaims and holds above this level, it could confirm renewed buying interest and set the stage for further upside movement. Conversely, continued rejection at $1.96 could indicate a lack of bullish strength, leading to potential downside pressure.

3. $2.23 – Intermediate Resistance

The $2.23 level, corresponding to the 100% extension of the immediate down move, acts as an important short-term resistance. If XRP manages to break above this level, it could serve as a stepping stone for further gains toward $3.40. However, failure to sustain momentum above $2.23 may signal weakness, increasing the risk of a pullback.

Breakout Scenarios

  • A break above $3.40 with strong volume could signal a bullish breakout, potentially pushing XRP to new highs.
  • Holding above $1.96 and reclaiming it as support would be a positive sign, increasing the likelihood of an upward continuation.
  • Failure to clear these resistance levels may result in consolidation or a retest of lower support zones.

XRP remains in a critical range, and the next major move will depend on whether buyers can overcome these resistance barriers. Traders should watch for confirmation signals such as increasing volume, bullish candlestick patterns, and broader market trends to assess XRP’s breakout potential.

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