Usman Salis
XRP is back at a critical juncture. After years of sideways movement, the token is once again knocking on the door of $3.32, its peak from 2017. While the price initially got rejected here, it's now consolidating in what looks like a re-accumulation phase—often a sign that bigger moves are coming.
What the Chart Shows
Analyst EᴛʜᴇʀNᴀꜱʏᴏɴᴀL recently highlighted this level as the key battleground for XRP's next move.
Key levels to watch:
- $3.32 resistance – This 2017 high is acting as a major ceiling right now
- $1.99 support – Strong buying interest has held this floor intact
- Re-accumulation pattern – The sideways action suggests smart money is building positions
- Momentum shift – Technical indicators are flipping from bearish to bullish
Why It Matters
Breaking above $3.32 isn't just a technical milestone—it's a psychological barrier that's held for years. If XRP can push through, we could see a sustained rally toward new highs. The current setup, with solid support below and momentum building, suggests the market might finally be ready for that move. With renewed interest in altcoins and improving market conditions, XRP's technical structure is attracting attention from both retail and institutional players.
XRP looks poised for something big. The combination of strong support, building momentum, and a classic accumulation pattern near major resistance often precedes significant breakouts. If $3.32 gives way, XRP could finally break free from its multi-year consolidation and enter a new phase of price discovery.
Usman Salis
