Ripple is currently circumventing a crucial supply area after managing to reclaim its 200-day moving average. While there is a positive trend in the short term, the market has yet to authenticate a clear breakout that would signify a lasting bullish shift.

XRP Price Analysis

The Daily Chart

On the daily chart, XRP has recently shown a classic inverse head-and-shoulders pattern, indicating a possible medium-term reversal from the $2.1–$2.2 demand area. Following the breakout, the price regained both the downward trendline and the 200-day MA at $2.6, indicating renewed buying activity.

However, major resistance is now visible at around $2.7, corresponding with the neckline form and the upper edge of the recent supply zone. This area serves as the first critical test for bullish traders. A decisive close above $2.7 would confirm a trend reversal, paving the way toward the $2.9–$3.1 resistance cluster.

In contrast, failing to break through this point could lead to a temporary dip toward the $2.45–$2.5 support, where the former trendline and 200-day MA converge — creating an optimal retest zone for ongoing bullish momentum if buying interest continues.

The 4-Hour Chart

The 4-hour structure underscores a bullish breakout from a symmetrical triangle, followed by consolidation just under the $2.7 mark. The price has subsequently checked the $2.5–$2.55 breakout area, validating it as a new short-term support.

This consolidation suggests that as long as XRP maintains its position above this level, the bullish bias persists. A sustained climb above $2.7 would confirm ongoing momentum, targeting $2.85 and $3.0. Conversely, a drop below $2.5 could invalidate the immediate bullish outlook, exposing the $2.3 demand zone again.

Overall, Ripple seems to be in a poised position for a key movement, with decreasing volatility indicating that a breakout in either direction is on the horizon.