Peter Smith
XRP finds itself at a pivotal moment as the cryptocurrency tests a critical support level that could determine its near-term direction. After recent gains, the token is now facing a technical retest that has traders watching closely for signs of either continued bullish momentum or a potential deeper correction.
XRP Price Faces Throwback Retest
XRP has dropped back to the $2.65 support area, testing how committed buyers really are as the momentum slows down. Crypto analyst @egragcrypto calls this a typical "throwback" move, where the price revisits lower levels before potentially making another run higher.
Right now, XRP is still holding above $2.65, but this level is crucial. If it closes below this support on a daily basis, we could see further drops to $2.55, $2.45, or even $2.33.
Key Resistance Levels XRP Must Break
For XRP to show it's ready to move higher, it needs to break through several important price levels:
- $2.85 – first sign things are turning around
- $2.95 – shows real bullish strength is building
- $3.13 – confirms the upward trend is solid
- $3.40 – the big breakout level that could spark a run to new highs
Getting above $3.40 would be huge for XRP. It would show the bulls are back in control and could trigger aggressive buying that pushes the price toward $4.00 and beyond.
The overall picture still looks cautiously positive. As long as $2.65 continues to act as a floor, this pullback could actually set up XRP for its next big move up. But if this support breaks, we might see XRP head lower and delay any major breakout.
The big question now is whether XRP can bounce back and push toward those $3.13–$3.40 targets, or if we'll see a deeper pullback first.
Peter Smith
