XRP holds above $2.2450 with repeated rejections of downside, signaling buyers may be positioning for a breakout move.
A breakout above $2.28–$2.32 could confirm a bullish reversal, targeting resistance levels at $2.42 and $2.6450.
MVRV divergence below the 200-day average hints at undervaluation, as long-term holder profitability continues rising.
As traders wait for a clear breakout, XRP keeps settling inside a narrow range between $2.2450 and $2.6450. The technical setup reflects growing bullish tension, with compression and support reactions signaling a potential upside move.
Descending Structure Meets Key Demand Zone
Price action remains tightly confined within a descending consolidation, yet support around $2.2450 has held firm. Buyers have consistently absorbed selling pressure near this base, and recent long wicks highlight rejection of further downside. This kind of structural resilience often precedes explosive directional moves.
At this stage of the pattern, the analyst Leawoof highlights a range + deviation setup forming, where price compresses toward resistance. A close above $2.28 with a breakout candle could signal a range deviation reversal. In this case, confirmation would open the room to build long exposure around the breaker level or previous range low.
The upper resistance at $2.6450 remains a critical ceiling, last tested in mid-May before a steep correction. Current price hovers near $2.25, with the analyst noting that any reclaim of $2.30 could initiate the projected bullish path. A zigzag arrow forecast tracks potential movement to $2.32 mid-range, then on to $2.42, and possibly a test of the major high.
On-Chain Divergence Reinforces Bullish Lean
While price consolidates, on-chain data adds another layer of insight. The MVRV ratio has steadily declined to 218.50%, now sitting well below the 200-day moving average of 273.60%. This divergence suggests holders are seeing lower short-term gains, even as long-term profitability strengthens.
To build on this, the structure between price and MVRV mirrors a classic cycle reset. The analyst notes that the MVRV’s long-term MA has trended higher since October 2024, despite the recent price flatlining. This setup often precedes trend resumption, where price lags on-chain momentum before catching up. The key question now: Will this divergence resolve through price appreciation?
What’s more, both metrics showed synchronized peaks during November’s rally, followed by muted alignment during February’s bounce. The current phase reflects stagnation in sentiment, yet foundational metrics show growing strength beneath the surface. If price reclaims $2.32, it could validate the setup as profit-taking pressure fades.
Final Outlook and Analysts’ Views
Across the chart and on-chain spectrum, XRP continues to build a case for potential upside. The analyst emphasizes the significance of repeated support interaction and emerging higher lows. These signals, paired with tightening structure, suggest a market preparing for directional resolution.
Additional market commentary highlights broader sentiment aligning with a 2025 breakout thesis. The price-MVRV separation, supportive technical base, and historical rally patterns collectively point to a higher timeframe accumulation phase. Even so, the $2.28–$2.32 range remains the critical zone for triggering follow-through.
The post Price Flat, MVRV Falling—Could XRP Be Prepping for a Catch-Up Breakout? appears on Coin Futura. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
