The XRP market is heating up again. After reclaiming crucial support at $2.080, XRP has bounced back with strength, breaking above key resistance levels and showing signs of a sustained recovery. With bullish momentum building and technical indicators flashing green, all eyes are now on the next major hurdles—$2.18, $2.20, and potentially beyond to $2.30.
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Breakout Confirmed – XRP Reclaims Bullish Momentum
XRP started the day with a strong rebound, clearing the $2.10 resistance level and pushing well above $2.120, which also aligns with its 100-hour Simple Moving Average (SMA). The breakout didn’t stop there—XRP surged past a key downward trendline resistance near $2.1450 on the hourly chart.
This breakout indicates a clear shift in market sentiment, as XRP not only neutralized the prior bearish momentum but also flipped resistance levels into new support zones.
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Technical Setup: Structure Favors Bulls
Support Reclaimed: XRP gained bullish traction from the $2.080 zone—previously a key level of interest during last week’s retracement.
Trendline Break: A descending resistance trendline was broken decisively at $2.1450, suggesting that buyers are stepping in aggressively.
Moving Average Alignment: The price is now comfortably trading above the 100-hour SMA, indicating trend confirmation and strong buyer interest.
Fibonacci Levels: XRP has recovered above the 23.6% Fibonacci retracement level (from the $2.2580 high to the $2.078 low), and now eyes the 50% level near $2.1680.
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What’s Next? Key Levels to Watch
The road ahead is filled with exciting possibilities for bulls:
Immediate Resistance: The zone between $2.1680–$2.180 stands as the next challenge. A clear break above this could unleash another rally.
Major Hurdle: If XRP breaches the $2.20 psychological level with volume, the next potential targets will be:
$2.22 (local top breakout confirmation)
$2.25 (extension zone)
$2.30 (round number resistance and potential short squeeze trigger)
$2.32 (macro barrier from earlier swing highs)
A decisive hourly or 4H candle close above $2.20 could ignite a full-fledged uptrend, potentially bringing XRP back into the spotlight alongside Bitcoin and Ethereum in this current bullish cycle.
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Downside Risk – What If XRP Fails to Break Higher?
As with any bullish move, it's essential to account for potential retracements. If XRP fails to hold above $2.1680 or breaks below support levels, here’s what traders should keep in mind:
Initial Support: $2.1320 is the first level to watch on a minor pullback.
Stronger Support: The $2.120 level is critical—also aligned with the 100-hour SMA. A break below this could weaken the short-term structure.
Bearish Breakdown Scenario: If price dips below $2.120, XRP might revisit $2.080, and possibly $2.050, where bulls will likely regroup for another attempt.
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Technical Indicators Overview
MACD (Hourly): Momentum is in favor of buyers—the MACD is climbing in the positive zone, confirming recent bullish pressure.
RSI (Hourly): The Relative Strength Index is comfortably above 50, suggesting momentum is still on the upside, but not yet overbought—leaving room for further rally.
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Conclusion – XRP Setting Up for a Strong Move
XRP has successfully reclaimed its bullish structure and is now flirting with key resistance levels. If the token manages to consolidate above $2.150 and take out $2.180–$2.20 with strong volume, a sharp rally toward $2.30 and beyond could unfold swiftly.
Bulls have the upper hand—for now. Keep an eye on volume, candle closes above $2.20, and RSI extremes for clues to whether XRP is ready to fly again.