XRP Smashes Through Key Resistance — Is This the Start of a Major Rally?
XRP just punched through a critical resistance level—and the charts are flashing bullish. Traders are now eyeing the next price targets as momentum builds.
Breaking the ceiling: Why this resistance flip matters
The digital asset finally cleared a stubborn barrier that's capped gains for weeks. Technical analysts see this as confirmation of a trend reversal, with on-chain data showing accumulation by whales.
Liquidity zones ahead: Where the real test begins
While the breakout looks promising, XRP now faces a cluster of historical liquidation zones. Market makers love to hunt stops at these levels—because apparently, finance is just a sophisticated game of predator vs. prey.
FOMO brewing? Retail traders late to the party
Search volume for "XRP price prediction" just spiked 300% as the move gained traction. Because nothing says "sound investment strategy" like chasing green candles after a 20% pump.
The bottom line: This could be the start of something bigger—or another classic crypto fakeout. Either way, buckle up.
XRP Price Eyes More Gains
XRP price remained supported above the $1.920 zone and started a fresh increase, like Bitcoin and Ethereum. The price recovered above the $2.00 and $2.020 resistance levels.
Besides, there was a break above a key bearish trend line with resistance at $2.00 on the hourly chart of the XRP/USD pair. The pair even cleared the $2.10 resistance and $2.150 hurdle. However, the bears were active below $2.20.
A high was formed at $2.170 and the price is now consolidating above the 23.6% Fib retracement level of the upward MOVE from the $1.910 swing low to the $2.170 high.
The price is now trading above $2.10 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance NEAR the $2.1650 level. The first major resistance is near the $2.180 level. The next resistance is $2.20. A clear move above the $2.20 resistance might send the price toward the $2.250 resistance.
Any more gains might send the price toward the $2.300 resistance or even $2.320 in the near term. The next major hurdle for the bulls might be $2.50.
Another Drop?
If XRP fails to clear the $2.180 resistance zone, it could start another decline. Initial support on the downside is near the $2.0880 level. The next major support is near the $2.050 level or the 50% Fib retracement level of the upward move from the $1.910 swing low to the $2.170 high.
If there is a downside break and a close below the $2.050 level, the price might continue to decline toward the $2.00 support. The next major support sits near the $1.920 zone.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.
Major Support Levels – $2.050 and $2.00.
Major Resistance Levels – $2.180 and $2.20.