$XRP Must Break Through

This range must be surpassed to challenge $3: Ripple Price Analysis Ripple has reached a decisive price range of $2.3 to $2.5, and the upcoming breakout range will determine the future trend.

A bullish breakout will pave the way for a continued rise to the $3.1 range. XRP Analysis Daily Chart XRP's recent bullish trend has stalled at the upper boundary of a long-term descending wedge near $2.7, triggering a bearish pullback. However, the current price is consolidating within the decisive narrow range of $2.3 to $2.5, bounded by the wedge vertex.

This area has become a key battleground between buyers and sellers. The current pullback can also be interpreted as a retest of the recently broken 100-day and 200-day moving averages, which may reintroduce market demand. Signs of a breakout from this narrow range are about to emerge, and the direction of this breakout is likely to determine XRP's next move. A breakout above $2.5 will open the door for a continued rebound to the $3.1 resistance area.

4-Hour Chart On a lower time frame, Ripple has maintained a broader bullish structure in recent days, breaking through the descending wedge pattern. However, the asset faces significant selling pressure near the $2.7 resistance level and was quickly rejected, falling back to the wedge formation. This trend suggests the possibility of a bull trap and false breakout. Currently, XRP remains above the key support level of $2.3, and buying interest may re-emerge.

If this level holds, it may again trend bullish towards the $2.7 area. Nevertheless, the market is still waiting for a decisive breakout from the consolidation range of $2.3 to $2.5. If the breakout is bullish, the price may quickly surge to the $3.1 resistance level.

Conversely, a drop below $2.3 could trigger a significant decline for XRP down to the $2 support level, especially in the case of a short squeeze or panic selling from overly leveraged long positions.

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