Saad Ullah
After weeks of lackluster price action, XRP is once again testing a key technical threshold. Traders have their eyes glued to the $2.7 level—a zone that's flipped between support and resistance multiple times over the past year.
XRP Targets the $2.7 Level
According to analyst Rand, this area represents a "confluence of resistances" and will be the ultimate test of whether XRP can rebuild momentum or stay stuck in neutral.
In a recent post, pointed out that "$XRP [is] aiming to recover the main $2.7 support — confluence of resistances, key test." The accompanying 3-day chart shows XRP bouncing back from around $2.25 after a steep drop in mid-October. Now it's hovering just under the $2.7–$2.8 zone, which has been a pivotal area throughout 2024 and into 2025.
What makes this level so important? It's done double duty—acting as support during rallies and resistance after breakdowns. If XRP can reclaim it convincingly, that could signal a shift in structure. Another rejection, though, might just confirm the ongoing downtrend.
The chart also reveals a descending trendline linking lower highs since August's $3.40 peak, now converging right around $2.7. This creates a stacked resistance zone where horizontal and diagonal barriers collide—making it an even tougher nut to crack.
Key Technical Points:
- Support: $2.20–$2.30 has held up as the active support zone, with several bounces visible on the chart
- Resistance: $2.7–$2.8 is the main hurdle, backed by the descending trendline and prior breakdown levels
- Trend: XRP remains inside a broader descending channel, meaning a clean breakout is needed to flip bullish
- Momentum: The bounce from October lows shows moderate buying interest, but volume is thin—suggesting cautious optimism rather than full conviction
If buyers push through and close above $2.7 on a daily basis, the next targets sit around $3.10–$3.30. But if this level rejects price again, XRP could slide back toward $2.25 or even $2.00—levels that acted as recent floors.
What Happens Next?
XRP's recovery attempt fits into a broader market stabilization after months of chop. There's been some renewed interest in altcoins, better liquidity, and hopes for regulatory clarity—all of which have helped sentiment tick up slightly. Still, traders aren't exactly rushing in. Institutional money has been inconsistent, and XRP continues to underperform compared to Bitcoin and Ethereum during major rallies.
That's why this $2.7 test matters so much. A solid breakout could restore confidence heading into the end of 2025. A rejection? That keeps XRP stuck in range-bound limbo.
Potential Scenarios:
- Bullish: A confirmed daily close above $2.7 opens the door to $3.10 and possibly $3.30
- Bearish: Failure here could trigger another leg down to $2.25 or $2.00
- Neutral: Sideways grind between $2.4 and $2.7 until the next catalyst arrives
Right now, XRP is sitting at a crossroads. Reclaiming $2.7 could mark the start of something bigger—or it could just be another false start.
Saad Ullah
