Usman Salis
XRP has been making headlines lately with its explosive price action, but the party might be cooling down for now. After delivering an impressive 57% rally that caught many traders off guard, the digital asset is now facing some serious resistance and pulling back to test key support levels. The big question everyone's asking is whether this is just a healthy breather before the next leg up, or if we're looking at something more concerning.
XRP Price Hits Wall at $3.67 After Explosive Rally
The recent price action has been nothing short of spectacular. A trader's analysis on Twitter shows that XRP just wrapped up a monster 57.50% rally, rocketing from around $2.42 all the way up to a local peak of $3.6745. This wasn't some random pump either – the move came after XRP spent considerable time consolidating between $2.3592 and $2.6650, building up serious momentum for the eventual breakout.
But here's the thing – even the strongest rallies eventually hit a wall, and that's exactly what happened near the $3.67 level. The selling pressure kicked in hard at that point, and now we're seeing what looks like a pretty normal correction. XRP/USDT is currently changing hands around $2.91.
Key $2.80–$2.65 Zone Could Make or Break XRP Price
This pullback has dragged XRP right back to the $2.80–$2.65 support area, and this zone is absolutely crucial for what happens next. What makes this level so interesting is that it previously served as a launching pad for bullish moves, so there's definitely some history here that traders are paying attention to.
If XRP can hold its ground above this support and show some real buying interest, analysts are looking at a potential bounce back toward the $3.30+ region. That would be a pretty solid recovery and could set the stage for another attempt at breaking through that stubborn $3.6745 resistance.
The bottom line is simple – as long as XRP stays above $2.65, the overall picture remains bullish. A solid bounce from these levels would definitely restore confidence and possibly trigger the next wave of buying. But if we break below this zone, things could get messy pretty quickly, so traders are keeping a close eye on how the price reacts in the coming sessions.
Usman Salis
