Peter Smith
XRP (Ripple) is entering a decisive technical zone where the tug-of-war between buyers and sellers will likely determine its next major move. After months of sideways chop, the token is consolidating in a range that could set the stage for a significant shift. Q4 may prove pivotal in either confirming bullish strength or signaling an extended period of uncertainty.
Technical Setup
Trader CoinsKid points out that XRP is forming an expanding diagonal pattern on the chart. Price has been making lower highs while managing to hold above key support levels.
Two critical price zones are now in focus: resistance sits near $4.18, marked by the red line on the chart, and support hovers around $2.23, shown by the orange BMS line. A breakout above resistance would suggest a structural shift and reinforce the bullish case. On the flip side, losing support would raise downside risk considerably and could push any meaningful recovery well into 2026. Right now, XRP is trading around $3.02, moving within a rising channel. The green BMS support band still indicates a bullish macro trend, though momentum feels fragile and the market remains cautious.
Market Context
XRP's evolving price structure is playing out against a backdrop of broader uncertainty. Renewed conversations about Ripple's regulatory situation in the U.S., paired with Bitcoin showing signs of stabilization, are fueling cautious optimism among market participants. These macro developments are adding context to what the chart suggests could be a final shakeout before a larger impulsive wave takes shape.
What's Next
XRP is at a make-or-break moment. A clean move above $4.18 could unlock a strong rally through Q4, while failure to hold the $2.23 support line might dampen bullish expectations and delay any significant upside until 2026. Traders should be prepared for increased volatility as the token tests these critical levels over the coming weeks.
Peter Smith
