$XRP Price Analysis – Daily Chart

Current Price: $2.41

24h Change: +2.83%

24h High/Low: $2.44 / $2.32

Volume: Strong at 153M XRP, indicating active trading.

Key Observations:

Breakout in Progress:

XRP has decisively broken out of a consolidation zone around $2.20–$2.30. This breakout suggests growing bullish momentum.

Bullish Structure:

The chart shows a clear series of higher lows since mid-April, forming a strong ascending pattern. This is typically a precursor to a continuation of an uptrend.

Next Resistance Levels:

$2.50 – Psychological and horizontal resistance.

$2.87 – Previous local high from March.

$3.30+ – Longer-term resistance from February highs.

Support Levels:

$2.30 – Recently flipped from resistance to support.

$2.00 – Strong historical level and psychological zone.

Volume & Momentum:

Volume has steadily increased with price, confirming the bullish breakout. If the momentum continues, XRP could target $2.87 in the short term.