#XRP’ XRP Chart Reaches Critical Level That 'Opens the Sky', Warns Analyst.

In a recent update posted on X, market strategist Dom (@traderview2) argues that a single well-defined technical line now holds the key to XRP's next directional move. His six-hour chart on TradingView shows the Binance XRP/USDT pair hitting a peak of $2.48-2.50 overnight before stopping precisely at the volume-weighted average price anchored to the all-time high of 2018 (the so-called 'ATH VWAP', plotted in green). Since late January, this dynamic descending VWAP has limited all significant rally attempts and, on four distinct occasions, triggered immediate and high-speed rejections. The last attempt produced a brief spike to $2.4082 (session high) and a liquidation price of $2.3644, leaving a clear upper wick just below the VWAP. Dom calls the reaction 'expected', given the very clean technical memory of the pair, but also emphasizes that the market has already regained a critical intermediate pivot: the quarterly VWAP at approximately $2.30. This level, notes the analyst, is now being 'retested' intraday; a successful hold there would leave the price trapped between the converging support at $2.30 and the resistance at the ATH VWAP near $2.48-2.50. A decisive close above the latter, in Dom's words, 'would open the sky for a larger breakout' by removing the final barrier that has contained XRP since its peak in early January, near $3.50.

In this context, the immediate technical roadmap remains binary. XRP must first defend the quarterly VWAP of $2.30, a level that has shifted from resistance to support in the last forty-eight hours. Hold this shelf, and traders will continue to probe the ceiling of the ATH VWAP. Lose it, and the path of least resistance returns to the mid-$2.00 congestion that defined most of April. But if the bulls finally force acceptance...