XRP is taking a breather after a volatile few weeks. Despite a sharp rally followed by a fast pullback, the price of xrp is holding relatively steady, now trading in a sideways range. Analysts have said that this could be a healthy consolidation phase before the next big move.
On the weekly chart, XRP is still in a long-term uptrend. it’s holding above key support levels around $2.90 to $3.00 and continuing to form higher lows and higher highs. bullish momentum remains intact, though a bearish divergence is starting to form. This divergence hasn’t been confirmed yet, but it could signal temporary weakness if it plays out.
Future resistance between $4.33 and $4.72. Before that, though, xrp will need to reclaim $3.25 and push toward the $3.84 level, which is a key area in the current wave structure.
On the daily chart, xrp recently lost support near $3.40 and dropped into the $2.90 range, but quickly bounced back. that shows buyers are stepping in to defend this zone. Now, $3.30–$3.40 has turned into short-term resistance. If bulls can reclaim that range, it would signal a possible trend reversal and open the door to higher prices.
Technically, the price is still moving inside a corrective pattern. There’s a chance the market is seeing an ABC correction, where wave C could dip lower before the next wave up begins. As long as the price stays above $2.75, the bullish structure remains intact.
If XRP falls below $2.75 or worse, the critical level at $2.65, then the bullish case would weaken, shifting the market toward a deeper correction.
But so far, the market seems stable. If XRP can break above $3.25 in the coming days, it could spark a fresh rally toward the $3.80–$4.30 range. If not, more sideways action or one last dip might be ahead.
