Bitcoin surged past $85K but faced resistance, with traders watching key levels to see if it will break out or pull back. Ethereum remains stable, awaiting the upcoming ETF decision, which could spark a rally.
XRP continues to trade within a corrective phase, showing limited upside movement after a prolonged decline since January. While the broader crypto market is slowly recovering, XRP is yet to confirm a clear trend reversal. At the time of writing, XRP is up by more than 3% and is trading at $2.12.
Currently, XRP is holding above a critical support level near $1.21, which is considered important for maintaining a bullish outlook. A drop below this level could increase bearish pressure, but as long as the price stays above it, the possibility of a rebound remains intact.
What’s Next For XRP Price?
In the short term, analysts are watching the $1.82 to $2.22 range as a key demand zone. The price has reacted within this zone before, and another bounce from this area could signal the start of a new upward trend.
If momentum builds, resistance levels to the upside are seen near $2.33 and $2.46. These levels will be important to break in order to confirm further recovery.
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Although there is no strong bullish confirmation yet, the current price pullback appears to be corrective rather than the start of a deeper decline. XRP remains in a watch zone, and any strong move above $2.22 could improve the outlook for the token in the coming days.
Analyst Ali Martinez said, “The Bollinger Bands are squeezing on the $XRP 4-hour chart, signaling that a major price move could be just around the corner.”
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FAQs
XRP is currently trading at $2.12, showing a 3% increase after a prolonged decline since January.
While XRP has significant upside potential, a $20 price target would require a major market shift and trend reversal beyond current resistance levels.