$XRP XRP has recently demonstrated significant price movements, reaching new resistance levels and attracting considerable market attention.

After peaking at $2.90 on December 3, 2024, XRP entered a corrective phase, consolidating within a descending triangle pattern. Key resistance levels have been identified at $2.36 (0.236 Fibonacci retracement), $2.47 (descending triangle boundary), and the previous high of $2.90. Support levels to monitor include $2.17, $1.97 (0.382 Fibonacci retracement), and $1.70 (0.5 Fibonacci retracement).

Analysts suggest that surpassing the $2.93 resistance could propel XRP toward the $3 mark by Christmas, with potential further gains if this level is breached.

Additionally, XRP has broken above multi-year resistance levels, with some analysts setting price targets around $2 as it seeks to reclaim previous highs.

Currently, XRP is consolidating after reaching a multi-year high, with key levels at $2.17 (support) and $2.64 (resistance).

Market participants should closely monitor these resistance and support levels, as well as broader market trends, to assess XRP's potential for further price movements.