- XRP holds above $2.08 and forms steady strength as traders track the next move toward the $2.75 resistance zone.
- New buying pressure builds as the chart forms a clean structure that may support a rally toward higher targets this week.
- A break over $3.65 may start a wider rally that moves into the $4.60 to $4.70 region based on long range levels.
XRP showed steady strength today as buyers held the market above the $2.08 support zone and pushed price action toward the $2.27 area. The chart also formed new signals that guided attention toward the $2.75 resistance band as traders tracked early signs of a stronger recovery. The outlook improved as the daily candle closed in positive territory and the weekly candle showed a downward wick that often appears near turning points.
Daily Structure Forms New Trade Signals
The daily chart of XRP and XRPBTC closed in a bullish posture. Market activity held above a region that has produced strong recoveries in the past. A new weekly candle from this level may shift the current pattern into a hammer structure that often acts as a reversal signal. XRPBTC on the weekly chart closed in an uncertain shape so a more mature setup may be needed before any stronger action forms.
A break above the daily lower high trend line on XRPBTC may trigger a new rally. This move may open the path toward the $2.75 resistance target. The outlook remains tied to the lower time frame structure that must form a clean shape before the next strong trade opportunity appears.
The chart now shows growing interest near a level that has guided past breakouts. Traders continue to examine whether the current structure will mirror previous cycles.
Intraday Action Shows Fresh Support
Intraday trading showed wide swings today. Market activity pushed the price close to the $2.08 support line that held well during recent declines. Holding this region keeps the short-term tone positive and gives buyers a clear area to defend as new setups appear.
A run toward the $2.27 resistance zone may require steady pressure because sideways movement has slowed momentum. Traders plan to search for long entries once a clean chart structure shapes into a reliable pattern. A short move down from the $2.08 area, followed by a bullish reversal, may produce a better long entry.
The chart now waits for a more complete structure near the lower time frame region. This structure has produced strong signals before and may play the same role again.
Key Levels Shape the Path Forward
The chart shows traders watching $2.75 as the next major point of interest. A break above this level may open the route toward the $3.15 zone. Further movement may target the $3.65 resistance band that sits under the longer trend line drawn from earlier peaks.
A breakout above $3.65 may unlock a wider move toward $4.60 to $4.70 based on clear chart levels. The chart also shows clean zones around $1.51, $1.30 $1.07, and $0.90 that may serve as support if the market shifts downward.
The structure raises one question for traders. Will XRP form enough strength to test the $2.75 region and trigger a new breakout phase?
