Saad Ullah
● Market analyst Crypto Xlarge recently pointed out that XRP has settled into a tight range after its October 10 decline. The token is holding above the $2.30 support level but struggling to push past $2.50 resistance. What happens next hinges on whether buyers can clear this barrier with solid volume.
● The immediate concern is that if $2.50 continues to hold as resistance, XRP could face renewed downside pressure. A rejection here might send the price back to $2.00 or even $1.90, representing a deeper pullback within the broader uptrend. This would hand short-term control to sellers and could trigger stop-loss cascades among leveraged traders.
● The $2.50 zone is essentially a make-or-break point. If bulls manage to reclaim it and hold above $2.75, that would likely confirm the start of a fresh leg higher. Chart-based Fibonacci targets sit at $3.12, $3.85, and $4.46—areas where profit-taking could emerge.
● XRP's current consolidation mirrors the wider crypto market, which has been stuck in a holding pattern amid macroeconomic uncertainty and muted volatility. The short-term picture looks neutral, but as long as $2.30 holds, the medium-term structure stays intact. A breakout would likely restore confidence and bring more activity to the market.
If $2.50 is broken with strong volume, staying above $2.75 could start a new wave of growth with a target at $3.85. As Crypto Xlarge noted
● Volume will be key—without it, any move higher could fizzle quickly. Psychological levels like these often dictate sentiment shifts in crypto. For now, XRP remains locked between $2.30 and $2.50. Whichever way it breaks will likely set the tone for the next move.
Saad Ullah
