This has increased the likelihood of a short-term rebound toward the $2 level.
While broader market conditions remain cautious, indicators suggest selling pressure may be gradually easing.
This shift has helped buyers re-enter around key support zones, providing a base for a potential recovery attempt.
However, the structure remains fragile. XRP’s price still trades beneath multiple resistance levels, meaning any rebound will require follow-through demand to avoid stalling into another corrective move.
As a result, XRP’s near-term direction will hinge on whether bulls can convert improving momentum into a breakout. Here’s what the charts suggest.
XRP Eyes $2 Resistance Zone
On the 4-hour chart, the Awesome Oscillator (AO) is starting to signal early signs of a bullish momentum shift.
The indicator remains above the zero line, with histogram bars steadily expanding on the positive side.
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This setup indicates fading bearish momentum, while bullish pressure slowly rebuilds, a structure that precedes short-term upside continuation when supported by price action.
Currently printing 0.05 above the zero level, the CMF points to modest but steady capital inflows into XRP.
Although not aggressive, this positive reading reflects accumulation rather than distribution, suggesting buyers are gradually regaining control following the recent consolidation phase.
XRP’s price remains confined within a clearly defined horizontal range, with resistance near $1.95 and $2.00 and support between $1.78 and $1.80.
The $2 psychological level stands out as the most critical upside barrier, aligning with prior breakdown zones where sellers previously overpowered buyers.
A breakout above this region would likely attract momentum traders and open the door toward the $2 level and beyond.
Interestingly, several analysts also agree with this bias, noting that it could make or break XRP.
“XRP needs to flip above $2; failure to reclaim $2 will open the door for more downside,” pseudonymous analyst Proudforte mentioned.
In contrast, derivatives data paint a more cautious picture.
Open interest has decreased by 0.29%, while trading volume has declined by 18.12%, indicating reduced leverage participation and waning speculative interest across the market.
If XRP’s price continues along this path, the likelihood of reclaiming the $2 resistance zone remains limited.
Despite this on-chain condition, some market observers believe XRP could still be positioned for broader adoption in the near term.
One of the voices making that case is wealth management expert Jake Claver, who argues that XRP’s utility narrative may accelerate as regulatory clarity improves and institutional interest grows.
One of those with such views is wealth management expert Jake Claver.
“Ripple signing over 1,700 non-disclosure agreements probably isn’t random. These most likely cover talks with major players—governments, global banks, payment networks, big universities, and Fortune 500 firms—all laying the groundwork to use XRP. The pieces for mass adoption have been falling into place behind the scenes for quite a while,” Claver posted on X.
XRP Price Analysis: Caution Recommended
On the daily timeframe, XRP continues to respect a clear downtrend, printing successive lower highs and lower lows, with price hovering around $1.87.
The Money Flow Index (MFI) reinforces this bias, remaining in negative territory and signaling weak capital inflows.
Still, the MFI’s upward slope suggests selling pressure is easing, even though no trend reversal has been confirmed.
Likewise, the Relative Strength Index (RSI) remains below the neutral 50 level, reflecting weak bullish momentum and reinforcing the broader bearish structure on the higher timeframe.
Although the RSI has not entered oversold territory, its position below 50 indicates that buyers have yet to regain control.
The Fibonacci Retracement level provides further insight into the next price move. XRP’s price currently trades near $1.87, close to the Fib level, which serves as immediate support.
A breakdown below this level could trigger further downside, as buyers would fail to defend a key retracement zone.
However, if buyers successfully defend the zero Fib support and push XRP’s price back above the $2.00 resistance band, it could invalidate the short-term bearish bias.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
