XRP was trading at $2.22 on the day, slightly higher on the day as buyers look to regain control after a tough week of consolidation. With a market capitalization of $133.7 billion and a 24-hour trading volume of over $3.5 billion, XRP remains one of the most closely tracked large cryptocurrencies.
The key question now is whether the bulls can secure a weekly close above $2.22, a level that signals momentum has definitively turned to the upside.
Support zone where XRP/USD price is key
XRP’s recent rally began after the market defended the $2.14 demand zone, which was tested repeatedly throughout November. The 4-hour chart shows that the price has pushed into the downtrend line, forming a symmetrical triangle pattern. This structure reflects compression, which is a period in which the market pauses before moving in a larger direction.
The candlestick is showing a gradual rise, indicating steady buying interest, but the 20-EMA is flat at $2.19. This change suggests that selling pressure is easing, even if buyers are not yet in full control.
On the other hand, an RSI near 56 indicates improving momentum without the fatigue that often limits follow-through in the short term.
Key technical factors that strengthen short-term bias:
- High and low prices formed below the triangle
- The trend line was tested repeatedly from below
- Momentum diminishes towards breakout point
XRP/USD Technical Analysis: Breakout levels traders are watching
XRP price predictions depend on how XRP moves around its immediate ceiling of $2.22. A confirmed close above this zone will pave the way for the first major resistance at $2.3847, where the market stalled earlier.
It briefly pulled back toward $2.19-$2.14 before breaking out above the trend line. If the bulls maintain control above the breakout level, the next targets would be located at $2.5783 and $2.7817, zones that have historically been associated with more intense profit-taking.
However, failure to sustain above the $2.14 structure would put the setup at risk of weakening and moving deeper towards $1.98.
Deal outlook and next steps
A constructive setup will emerge if XRP breaks out and closes above $2.22 on a strong bullish candlestick. The invalidation sits just below $2.14, allowing traders to properly manage risk while targeting upside to $2.38, $2.57, and $2.78.
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