XRP is currently trading around $2.19, having respected and rebounded multiple times from the $2.00–$1.80 support zone. This area has clearly acted as a structural demand zone, and it also aligns with the 50% Fibonacci retracement, adding a high-probability confluence for bullish continuation.
The recent consolidation beneath the downtrend line is now showing signs of accumulation. A bullish breakout above $2.59 would signal a structural shift, confirming a break of the descending trendline and reactivating momentum toward new highs. This level acts as a technical trigger for traders awaiting confirmation.
The Trend Strength Index (TSI) indicators also support the bullish setup:
TSI(20): 0.77, clearly bullish and strengthening
TSI(10): 0.58, near overbought, suggesting price may still pull back slightly before resuming higher
If that happens, a retest of the $2.00–$1.80 area would offer an attractive second opportunity to enter long before momentum accelerates. Both setups remain valid as long as the price holds above $1.6134, which should be the invalidation level for risk management purposes.
Upside targets include:
$3.40 (previous high)
$4.08 (Fibonacci 23.6% extension from the major leg)
Trade Setup Summary:
Entry 1: $2.00–$1.80 (support + 50% retracement)
Entry 2: Break and retest of $2.59 (trendline + structure shift)
Target 1: $3.40
Target 2: $4.08
Stop Loss: Below $1.6134
Trend Structure: Bullish while above $1.80
TSI Reading: Strong momentum with possible short-term pullback
Ripple (XRP) remains one of the most followed altcoins due to its role in real-time cross-border payments and its ongoing legal clarity in the U.S. market. With part of the SEC litigation already resolved in favor of Ripple, institutional confidence has improved, opening doors for future partnerships and potential integrations with traditional finance systems. Additionally, XRP Ledger's growing ecosystem and the company's push for stablecoin issuance on its chain support its long-term use case. Technically and fundamentally, XRP is positioned to benefit from renewed market rotation into large-cap altcoins, especially if broader sentiment continues to improve.
Disclaimer: This content is for educational and informational purposes only. It does not represent financial advice or a recommendation to buy or sell any financial instrument. Trading involves risk, and you should only trade with money you can afford to lose.
