XRP is currently priced at $2.65 with a 24-hour trading volume exceeding $4.4 billion. The token has risen more than 9% in the last week, maintaining its value above $2.6 amid general market fluctuations. However, experts express that XRP hasn’t confirmed an uptrend yet and might be facing one final downtrend before a significant upward move begins.

Technical analysts are closely monitoring resistance levels around $2.7 and $2.82 for any indications of a shift in market trends.

Wave 4 Resistance Maintainers Correction

Analyst CasiTrades remarked that XRP remains within a potential Wave 4 configuration. The critical resistance at $2.82 is crucial to observe.

“Until $2.82 breaks, the probability still favors one final wave down before the next major move up,” she indicated.

Key Resistance at $2.7 Remains Unbroken

XRP continues to probe the $2.7 mark, which has served as both a support and resistance level since August. Analyst ChartNerdTA stated,

“So far, so good… Must clear $2.70 to really kickstart a euphoric run back towards descending resistance then ATHs.” October 27, 2025

In addition, a standing declining trendline can be noted, with the next resistance expected near $2.9 to $3. Until XRP successfully closes above $2.70, it may stay within a consolidation range, jeopardizing short-term support levels.

Mixed Technical Signals and Daily Support Levels

CryptoWZRD reported that XRP experienced unresolved daily candle closings. The $2.75 level remains under watch on the daily chart while support is monitored at $2.55 in shorter time frames.

Recent Court Ruling Impacts

In a related matter, a recent court ruling in India affirmed that user-held digital assets belong to individuals. The Madras High Court prohibited crypto exchange WazirX from reallocating a user’s XRP to settle platform losses. This case highlights the increasing influence of legal frameworks over crypto ownership rights.