Saad Ullah
⬤ XRP has returned to the closely watched $2.40–$2.50 zone, and this time it looks different. Rather than rejection, the price action suggests controlled accumulation—a deliberate buildup happening just beneath resistance. The chart shows XRP stabilizing repeatedly in this range where liquidity has historically clustered, pointing to strength rather than vulnerability.
⬤ Macro headwinds remain a concern. Ongoing policy discussions around potential tax changes could shake up the digital asset sector, with smaller players facing bankruptcy risks and talent potentially fleeing to friendlier jurisdictions. But despite the regulatory noise, XRP is holding firm above major support bands between roughly $2.05 and $2.35. That resilience speaks volumes about underlying demand.
⬤ The chart tells an interesting story: multiple attempts to push higher have stayed orderly, with resistance sitting near $2.65 and beyond. Once that $2.65 level breaks, the path to $3+ opens up quickly—there's not much standing in the way after that threshold. For now, XRP seems to be coiling beneath resistance, gathering strength for what could be a sharp move.
⬤ For traders and investors, the takeaway is clear: XRP's ability to consolidate above key support while absorbing selling pressure suggests strong structural demand. The accumulation pattern forming beneath resistance hints that liquidity is building quietly, potentially setting the stage for a breakout if conditions align. With regulatory uncertainty still hanging over crypto, XRP's stability in this range reinforces why the $2.65 level has become such a focal point.
Saad Ullah
