Saad Ullah
XRP is once again capturing market attention as traders zero in on a technical level that could define the cryptocurrency's trajectory for months ahead. Trading near $1.44 and testing a multi-year ascending trendline, the asset stands at a crossroads where bulls and bears are positioning for the next decisive move.
The $2.20 Threshold: Make or Break for XRP Bulls
The most crucial signal for bulls would be a weekly close above $2.20. This level represents a major structural zone that, if reclaimed, could confirm momentum has shifted back to the upside. The long-term chart shows XRP respecting a rising macro trendline across several historical cycles, with previous corrections testing this support before launching strong rebounds.
The analysis marks liquidity sweeps and retracement phases that preceded major upward expansions in the past. Reclaiming prior support zones remains essential to invalidate the bearish scenario - until that happens, short-term price spikes may simply represent liquidity hunts rather than sustainable breakouts. Similar structural dynamics were explored in XRP Price Analysis: Symmetrical Triangle Breakout Approaching, where analysts emphasized the importance of reclaiming major zones before confirming new trends.
Downside Risk: $0.70 Retracement Before Macro Expansion
If XRP fails to regain the $2.20 threshold, the chart suggests a deeper retracement toward the $0.70 region could unfold before any larger expansion phase begins. This pattern aligns with historical behavior where XRP Tests $1.55 Resistance between key support and resistance zones before establishing clear trend direction.
Despite short-term uncertainty, the broader chart projection still outlines a potential macro expansion phase once structure stabilizes. The long-term analysis even maps a trajectory toward higher price levels, including targets above $10 during the next major cycle - scenarios previously discussed in XRP Price Prediction: Ripple Poised for Breakout With $6-$10 Targets. The coming weekly closes around $2.20 may therefore prove decisive in shaping XRP's broader market trajectory.
Saad Ullah
