Alex Dudov
⬤ XRP is holding its yearly range lows, keeping intact what traders call a solid higher-time-frame setup. The token bounced from the bottom of its range and formed a higher low, though it hasn't yet printed a higher high on shorter timeframes. Price action continues trading under a descending trendline that's been guiding movement.
⬤ The current setup suggests XRP stays in consolidation mode as long as it trades below the trendline and under $2.30. Support zones sit between roughly $1.82 and $1.98, areas that have consistently provided stability. Breaking back above $2.30 would be the first sign of shifting short-term momentum, while staying below could mean more sideways action or another dip to test lower support.
⬤ The bigger picture shows XRP respecting its multi-year structure, with what used to be resistance now acting as a strong base. Liquidity clusters around mid-range prices, showing most market activity remains within established boundaries.
⬤ XRP is working through a tight structure defined by long-term support, descending trend pressure, and clear liquidity zones. A clean move through $2.30 would shift sentiment and potentially open up room for a bigger trend move. For now, traders are watching how the token handles its structural base and whether enough momentum builds to challenge resistance areas.
Alex Dudov
