Artem Voloskovets
⬤ XRP is stabilizing within a significant high-timeframe support area, holding the $2.05–$2.19 zone that has historically acted as the launch point for macro rallies. The token is currently trading near $2.12, sitting directly on a support block that has repeatedly generated strong upside reactions in prior cycles.
⬤ The chart shows several resistance layers overhead, with the nearest key threshold at $2.24. Reclaiming $2.24 would mark a meaningful shift in short-term momentum following the decline from the $3.20 region. Multiple previous reaction zones between $2.30 and $2.60 remain potential progression points if strength returns. XRP's move back into the support band mirrors earlier instances where the token bounced sharply after deep retests of the same range.
⬤ Broader market analysis points to potentially favorable conditions, supported by themes of ETF demand and tightening supply. The chart shows clearly defined resistance levels above current prices, but also outlines a clear path should XRP reclaim its short-term pivot. The pattern of testing this region before initiating extended upside phases has been consistent historically.
⬤ XRP is positioned at a structurally important level that has historically preceded significant directional moves. Maintaining stability above the $2.05–$2.19 zone could influence broader sentiment around the asset's medium-term direction. A confirmed break above $2.24 may quickly shift market dynamics, especially as liquidity structure and supply conditions continue to shape the trend.
Artem Voloskovets
