Usman Salis
XRP (Ripple) is hovering around $2.88, and market participants are debating whether a pullback is on the horizon. The key question: will XRP dip into the fair value gap zone between $2.35 and $2.40 before launching its next rally? Technical indicators suggest a short-term correction might actually set the stage for stronger gains ahead.
A Healthy Reset vs. Immediate Pump
The more constructive scenario involves a "flush out" rather than an instant surge, according to analyst EGRAG CRYPTO. The probability breakdown? Roughly 70% chance of a dip into the $2.35–$2.40 range before rallying, versus 30% for an immediate pump that could lead to a harsher pullback later.
This measured approach prioritizes building solid support before XRP aims for higher levels.
Technical Picture and Key Levels
The 3-day chart reveals several important features: an unfilled fair value gap around $2.35–$2.40 acting like a magnet; initial support near $2.65 with the FVG zone representing deeper support; resistance at $3.10 and $3.68 that needs clearing for continued upside; and market structure showing equilibrium zones pointing to a gradual build rather than a vertical rally.
A move down to $2.35–$2.40 would clear out liquidity and potentially fuel stronger momentum when the reversal comes. Meanwhile, broader market sentiment continues tracking Bitcoin's movements and Federal Reserve policy developments.
What's Next for XRP
If XRP tests the $2.35–$2.40 zone and holds, it could establish a launching pad for a push above $3.00 and potentially toward $4.00. Losing this range might open the door to $1.60 support. A measured pullback could be precisely what XRP needs before its next breakout, transforming near-term pressure into longer-term momentum.
Usman Salis
