XRP Tracks $2.27 to $3.65 Levels as Chart Signals Breakout Setup

Source: CryptoNewsNet Original Title: XRP Tracks $2.27 to $3.65 Levels as Chart Signals Breakout Setup Original Link: https://cryptonews.net/news/altcoins/32074859/

XRP Technical Analysis Overview

The chart shows XRP maintaining a position above $2.00, marked as the main daily support within the broader structure. The intraday section identifies $2.08 as a point that could build additional upside momentum.

XRP is shifting from the $2.00 zone toward $2.27, which forms the first objective before higher levels appear. The weekly candle closed without a decisive direction, while the monthly candle closed bearish, reflecting the market-wide pullback. XRP tends to follow Bitcoin closely, and as Bitcoin stabilizes, XRP may shift into recovery phases similar to past movements.

Key Resistance Levels: $2.27, $2.75, and the $3.65 Break Zone

The chart marks $2.27 as the next intraday resistance, sitting slightly above the current range and forming the first objective. Technical notes state that this area could offer a clean reaction if buyers regain control.

The next major resistance stands at $2.75, marked as a horizontal level and a main resistance within the structure. This step aligns with the medium-term structure shown since early Q3.

A major trendline descends from earlier peaks and intersects near $3.65, representing the most important breakout area on the chart. A break of $3.65 could activate a rally that targets $4.60 and $4.70 based on the chart structure.

Upper Target Zone: $4.60 to $4.70

The chart displays a shaded band at $4.60–$4.70 labeled as the next major target. This region stands well above the descending trendline and represents the full extension of the projected breakout from the $3.65 barrier.

A lower support line at $1.5160 marks the bottom boundary of the long consolidation channel. The current price at $2.05 sits in the middle of this structure, demonstrating that XRP has moved within these defined bands during previous cycles.

Trading Outlook

The pathway outlined in the chart provides precise steps, with each resistance or support level previously guiding price action across the 2024–2025 range. Across all timeframes, XRP continues to shadow Bitcoin’s sentiment, with the primary focus remaining the cluster between $2.27, $2.75, and $3.65, which forms the critical lead-in toward the $4.60–$4.70 target band.

A central question emerges: Will XRP advance from $2.00 toward the $3.65 breakout zone before attempting a move toward $4.70? Holding above $2.08 is positive territory for upside continuation, while breaks below indicate weakness.