XRP now trades near a critical apex formed by 1M and 3M VWAPs with price building under $2.30 resistance.
The 160-day trendline from the all-time high now meets current levels creating a strong decision point.
Price and volume reaction near $2.30 will likely confirm if XRP can begin a new upward move this cycle.
XRP has entered a high-stakes breakout range between $2.20 and $2.30, according to analysis published on June 28. The zone aligns with multiple anchored VWAPs from the past four months and is marked as a critical apex of market structure. If the level holds, it could mark a shift toward a fresh bullish cycle.
Source: X Critical VWAP Confluence Meets Downtrend Resistance
According to trader Dom, the confluence zone is the intersection of the 1-month and 3-month VWAPs, both anchored to swing highs. These volume-weighted average prices are widely used to track institutional positioning. The current overlap makes this range significant for technical breakout watchers.
The chart also includes a major descending trendline that has held firm for 160 days. This line extends from XRP’s all-time high and represents long-term bearish pressure. XRP now trades directly at the intersection of this downtrend resistance and VWAP support.
If XRP breaks through and sustains above this confluence zone, it could indicate strong buying volume re-entering the market. Previous instances of similar convergence led to mid-term uptrends. This setup may repeat if confirmed by higher time frame closes above $2.30.
The price at the time of analysis was around $2.14, with a high of $2.20 during the day. Traders are closely watching for any daily or weekly close above the $2.30 level. Such a move may attract momentum buyers and signal institutional interest returning.
Volume Profile Shows Key Liquidity Pockets
The right side of the chart displays the volume profile, revealing major liquidity clusters near the current breakout zone. This volume distribution highlights strong historical trade activity between $2.20 and $2.30. Price acceptance in this region often acts as a pivot point for market direction.
This breakout level has also interacted with anchored VWAPs placed on every major swing point since February. These reference points average out institutional trade levels, suggesting that price is revisiting consensus cost bases. A breakout could be seen as reclaiming control over that cost structure.
The zone is framed by a previous consolidation range that spans months. Bulls attempting to push past this level will need consistent volume and trend confirmation. The move, if successful, could shift the medium-term trend.
Dom described the current setup as one that may be remembered as a market pivot. He noted that all structural indicators are converging in one place. Technical traders consider this type of multi-indicator alignment rare but effective.
Could This Mark XRP’s Bullish Turning Point?
The question now is whether XRP can convert this technical pressure into a sustainable rally. All signals currently point to a possible reversal. Anchored VWAPs and trendline compression suggest this is a major decision zone.
If XRP can clear $2.30 with volume, it would be the first major break of this trendline in over five months. That may invite additional capital flows and further upside movement. Historical patterns suggest that a break of such levels often results in sharp upward continuation.
This breakout setup has been forming since early April, accumulating market pressure. Traders will look for strong closes above the zone and rising open interest. Confirmation would signal the start of a new bullish trend phase for XRP.
