In the fast-paced world of crypto, XRP has once again taken center stage — and traders are eyeing its every move. After touching a local high at $2.2816, the price is now testing key support zones. Is this just a healthy correction or the calm before the next major breakout?
Let’s break down what’s really happening with XRP/USDT and what the charts are telling us right now.
---
📈 Current Market Overview: XRP Holding the Line
XRP recently surged past the $2.220 level and pushed as high as $2.2816, outperforming even Bitcoin and Ethereum in the short term. This rally, however, hit resistance near $2.2850, and the price has since corrected slightly.
But despite this pullback, bulls are still in the game.
✅ Price remains above the key $2.20 zone
✅ 100-hour Simple Moving Average (SMA) is providing strong dynamic support
✅ A bullish trend line is forming on the hourly chart, anchored at $2.185
This trend line aligns closely with the 61.8% Fibonacci retracement level of the recent rally from $2.137 to $2.2816, giving bulls multiple layers of support to defend.
---
🔍 Technical Breakdown: Key Levels to Watch
Major Support Levels:
$2.220: Currently holding strong, short-term support
$2.1850: Bullish trend line support — crucial line in the sand
$2.150 – $2.120: Deeper downside supports if breakdown happens
Major Resistance Zones:
$2.2320: Minor hurdle
$2.250: First major breakout level
$2.2850: Local high and breakout confirmation zone
$2.320 – $2.350: Next bullish targets after a confirmed breakout
If buyers manage to break and close above $2.250 with strong volume, we could see a surge toward $2.320, $2.350, or even $2.380 in the coming sessions.
---
📊 Indicators Paint a Mixed Picture
MACD (Hourly): Bullish momentum is slowing — histogram showing fading strength, but no bearish crossover yet
RSI (Hourly): Currently below 50, suggesting temporary weakening, but not yet oversold
This shows that while bulls have taken a breather, they haven’t exited the battlefield. The next few candles will determine the short-term trend.
---
🧐 What’s the Market Sentiment?
Right now, sentiment is cautiously bullish. XRP is one of the few large-cap coins showing resilience, especially after bouncing back from the $2.137 swing low with strong force.
As long as the price holds above the $2.185 support zone, the overall structure remains bullish. If price breaks $2.250 with volume, expect renewed buying pressure.
---
📉 Downside Risk?
If XRP fails to reclaim $2.250, then bears may attempt to push it toward $2.20, followed by $2.1850. A break and close below this trendline support would be a warning sign, opening doors to $2.150 and possibly $2.120.
But until that happens, bulls are holding control — and they might just be preparing for the next explosive move.
---
🔔 Final Thoughts: Is This the Calm Before the Bullish Storm?
XRP is sitting at a make-or-break level. The consolidation above $2.20 and holding above the 100-hour SMA are strong bullish signs. If bulls step in at the right moment, we could see XRP smashing through $2.250 and setting a path toward $2.320+.
But if price weakens below $2.185, then it might trigger a short-term bearish phase.
📌 Key takeaway: This is a high-potential zone — either for breakout traders or dip buyers. Watch price action closely, especially around the $2.250 level.
---
🟢 Stay sharp, trade smart, and always manage risk!
