XRP is trading in a wide range while price attempts to reclaim $2.30 resistance for higher movement.
If XRP breaks $2.30 then upside targets may include $2.9957 $3.4093 and $3.7978 from recent chart projections.
Support sits firm near $2.00 as buyers step in during dips to protect structure from downside pressure.
XRP is consolidating within a wide market structure, trading just below $2.30 with potential for a breakout. The price currently hovers around $2.14 after a 5.45% dip, while support holds near $2.00. If bulls reclaim the $2.30 resistance zone, XRP may target $2.99, $3.40, and $3.79 in coming sessions.
Source: X
The current pattern on the biweekly chart reflects a steady accumulation phase. Buyers have defended the key support near $2.00 multiple times since early 2025. This price zone is now being seen as the base for a possible rally toward higher levels.
Market participants are closely watching one question: Can XRP clear $2.30 and ignite the rally toward $3.79?
Consolidation Structure Builds Below $2.30 Resistance
XRP has formed a broad consolidation pattern through Q1 and Q2 2025. Price has remained within a rising structure, with the upper bound capped near $2.30. Several attempts to break this resistance have failed, but the price continues to press against it.
The structure has been forming gradually, with lower volatility but consistent testing of key zones. The recent candle prints show repeated support bounces around $2.00, suggesting that buyers are active below current levels. Sellers have not yet gained enough momentum to force a breakdown below this area.
If XRP successfully breaks through the $2.30 level, technical targets become visible at higher Fibonacci-based ranges. Momentum may shift quickly once a candle closes above resistance, especially with volume confirmation. Until then, the market may continue ranging between $2.00 and $2.30.
Upside Targets Project Rally Toward $3.79
If XRP moves above $2.30, the next potential price points stand at $2.9957, $3.4093, and $3.7978. These zones align with previous resistance clusters and offer logical stages for price to pause or react. The bullish projection is anchored in the structural range now developing on the biweekly timeframe.
Each target corresponds with swing highs or Fibonacci extension levels seen during earlier price action. These markers have previously acted as pivot points, often creating short-term retracements. If momentum strengthens beyond $2.30, traders may begin to map entry and exit points around these zones.
Traders often track these levels to define risk and reward strategies. Breakouts beyond $2.9957 may create rapid movement due to low resistance overhead. However, for these targets to become valid, the price must first reclaim the $2.30 zone with conviction.
Support at $2.00 Becomes Structural Floor
While attention centers on the $2.30 resistance, the $2.00 support now anchors bullish bias in the structure. The market has tested this level several times without breakdown. Holding this base gives buyers a clear risk level and confirms the wider consolidation pattern remains intact.
If price fails to stay above $2.00, the structure could lose bullish context. Such a move may open the door for further downside or longer consolidation. Until that occurs, the $2.00 mark remains crucial to short-term positioning.
Market conditions may continue to tighten as traders assess each move near support and resistance. As volume contracts and the range narrows, breakout conditions may soon form. Whether the next move is bullish or bearish may hinge on how price behaves around the $2.30 barrier