Saad Ullah
⬤ XRP just hit a major turning point after bouncing hard from a support zone that's been tested three times around $1.77. Each time price dropped to this level, buyers stepped in aggressively, creating a clear floor. The latest reaction pushed XRP up toward the top of its recent trading range before running out of steam, and now it's settling into consolidation mode. The initial target from this triple-tap pattern has already been reached at range highs.
⬤ Looking at the bigger picture, those three taps into $1.77 support triggered a sharp move higher, pushing XRP up to around $2.28 where it ran into previous liquidity. That zone acted as a ceiling for now, causing a measured pullback rather than a full reversal. Price is currently hanging around $2.15, showing that it's comfortable above the former demand area and suggesting sellers haven't taken back control yet.
⬤ Two possible scenarios are playing out here. The first sees this recent rally as just a temporary bounce within a larger correction, which would mean XRP could eventually slide back toward or below $1.77 if buying pressure fades. The second scenario treats that triple tap as a solid foundation. If that's the case, any dips back into the highlighted demand zone should attract fresh buying, with the price making higher lows and keeping the uptrend intact.
⬤ What happens with XRP matters beyond just this one token because its price structure often mirrors broader crypto market sentiment. If the $1.77 support zone keeps holding, it signals that buyers are showing up earlier and more aggressively, which could fuel a push toward new highs above the current range. But if that base cracks, downside risk reopens and the local downtrend could continue. With XRP squeezed between support and resistance right now, whichever way it breaks will likely set the tone for momentum across the wider digital asset space.
Saad Ullah
