- XRP is trading at $2.93, with support at $2.82 and resistance at $2.95 defining its short-term range.
- A close above $3.13 (Fib 0.5) could open targets toward $4.40, while rejection risks dips to $2.65 or $2.40.
- Stronger liquidity and higher lows mark a more defined structure compared to previous cycles, reinforcing the importance of current resistance tests.
XRP registered a notable move with a bullish close that placed the token above key resistance levels for the first time in years. The price is currently at $2.93 after gaining 3.1% in the last 24 hours . Market activity has drawn attention to the $2.95 resistance zone, which now acts as a ceiling for immediate gains. Meanwhile, support remains firm at $2.82, offering traders a clear framework for short-term positioning.
Current Price Levels and Resistance Focus
The asset is trading in a narrow range, with support established at $2.82 and resistance capped at $2.95. This boundary has contained price movements within the last session, reinforcing its relevance for near-term direction. Notably, the 24-hour range has stayed tightly aligned with these levels, underlining the pressure facing both buyers and sellers. A break above $2.95 could mark the beginning of a stronger advance, while a rejection may return activity toward the $2.82 threshold.
Fibonacci Markers Define Next Potential Targets
Market focus has also shifted toward Fibonacci retracement levels, which present clear reference points for upcoming moves. If the price secures a close above $3.13, which aligns with the 0.5 Fib level, an extension toward $4.40 becomes a possible next step. However, technical models also highlight the risk of rejection.
Should resistance hold, price action may revisit $2.65 or even $2.40, both identified as downside targets on the current chart. These levels reflect critical zones where liquidity has previously gathered.
Broader Market Context and Structural Outlook
XRP’s price behavior continues to be shaped by its broader structure, with higher lows forming across recent quarters. The current resistance test at $2.95 marks an important technical threshold, echoing earlier long-term breakouts.
Notably, the current setup carries stronger liquidity and a tighter trading range compared to earlier cycles . Traders remain focused on whether the $2.95–$3.13 corridor can establish a breakout or confirm rejection. On the downside, the $2.82 support line maintains relevance as a stabilizing level, helping define risk for short-term positioning.
