#XRP at a Critical Juncture: Monthly Support Holds the Key**

XRP is retesting the lower boundary of its five-month trading range, but the higher time frame structure remains intact, according to analyst Dom (@traderview2). After breaking above a descending trendline from January’s $3.40 high, XRP now faces a crucial test at key support levels.

### **The Role of VWAPs**

Dom’s analysis focuses on three anchored Volume-Weighted Average Prices (VWAPs), which act as dynamic support and resistance zones:

- **Quarterly VWAP (Cyan Line):** Currently at **$2.2796**, where XRP faced rejection last week.

- **Monthly VWAP (Orange Line):** Now at **$2.0574**, with price hovering just above it—holding this level could trigger a bounce toward **$2.20–$2.25**.

- **Yearly VWAP (Green Band):** Sitting at **$1.8731**, a major support level that previously halted the April 7 sell-off.

### **The Make-or-Break Support Zone**

Since December, XRP has consolidated between **$1.94 and $2.05**, a critical demand zone marked by multiple rejections. Dom views the current pullback as a **"healthy retest"**—losing this support could open the door for a deeper drop toward the yearly VWAP (**$1.87**). However, holding here would reinforce the bullish consolidation narrative.

### **XRP’s Relative Strength**

Despite short-term weakness, XRP has outperformed other large-cap altcoins by maintaining its range while others bled against Bitcoin’s dominance (BTC.D). Dom notes: *"XRP is still holding its range from December—no other large cap is near that. BTC.D is on a terror run, but XRP remains structurally strong."*

### **What’s Next?**

The key levels to watch:

1. **$2.05–$2.00** (Monthly VWAP & range low) – A hold here could fuel a rebound.

2. **$1.87** (Yearly VWAP) – A breakdown target if support fails.

**At press time, XRP trades at $2.20.** Dom concludes: *"Losing the range low would turn things bearish, but for now, it’s a healthy chart."*