Sergey Diakov
⬤ XRP's been hanging out in a solid support zone lately, with prices settling around the $2.30 level. When you look at the chart, it's pretty clear the market's taking a breather here. Big moves don't just happen randomly—they need the right setup, and XRP looks like it's gearing up for something after this accumulation phase. The crypto's locked in some strong support while resistance zones are forming up as the next targets.
⬤ Right now, XRP's testing that $2.30 support area, and there are basically two ways this could play out. In the first scenario, if that support holds firm, we're looking at a potential climb to $3.50 resistance. That's a pretty important level—if XRP punches through it, we could be looking at the start of a bigger rally. The second scenario isn't as pretty: a deeper dip down to test $1.90 support before any real upside kicks in.
⬤ The market's basically sitting on its hands right now, waiting to see which way things'll go. If XRP keeps its head above water at these key support levels and breaks through the accumulation resistance, we could see some real movement. The chart shows that if this consolidation phase actually leads to a proper rally, XRP might push all the way to $10, riding on the solid foundation it's building during this accumulation.
⬤ This setup's definitely one to watch for XRP's near-term price action. Crypto markets have this habit of delivering big gains after long consolidation periods, especially when there's strong support backing things up. If XRP manages to crack through those resistance levels, we could see prices take off pretty quickly—making this a critical moment for the asset's trajectory in the months ahead.
Sergey Diakov
