The Biggest Obstacles of $XRP Revealed as Breakthrough Efforts Begin: Ripple Price Analysis

Ripple is being compressed between key moving averages, signaling accumulation for a potential breakout. Watch for a decisive move above $2.35, which could create strong bullish momentum towards $2.50. Until then, XRP remains within a range with limited direction in the short term. Technical Analysis of XRP Daily Chart Ripple is currently trading within a narrow consolidation range, located between the 100-day and 200-day moving averages, a sign that the market is lacking volatility and decisiveness. After dropping below both MAs, XRP found strong buying support near the $2.1 level, driving a bullish reversal. The price has risen back above the 100-day MA at $2.2, signaling initial signs of recovery. However, the upward momentum remains limited, as XRP is currently facing resistance at the 200-day MA around $2.35. A decisive break above this level could trigger a new wave of buying pressure, pushing the price to the upper boundary of the long-standing wedge pattern near $2.5. Currently, weak momentum indicates a higher likelihood of short-term consolidation within this narrow range. A break, either above the resistance level or below the support level, is likely to determine the next major directional move.

4 Hour Chart Zooming in on the 4-hour chart, XRP shows clear signs of a bullish reversal after a strong recovery from the key support area of $2.1. This move has led to a breakout above the short term descending channel, reinforcing further bullish potential. Currently, the asset is testing an important resistance level at $2.3, where significant supply pressure is expected. A breakthrough and successful retest of this level will pave the way for a bullish move towards the target of $2.5. Conversely, failing to surpass the $2.3 level may lead to a short term rejection and a bearish correction.

The upcoming price action around the $2.3–$2.35 range is very important. A confirmed breakout may serve as a catalyst for the next bullish phase, while a rejection could leave XRP stuck in a consolidation phase.