Will XRP’s Tight EMA Cluster and Cup Pattern Trigger a Rally to $3.30?

XRP price coils near $2.20 as EMAs, Fibonacci levels, and a cup pattern converge, signaling potential breakout pressure.

Dark Defender and Solberg Invest track a bullish XRP setup, with tension zones and structural reversals aiming at $3.30–$4.50.

XRP holds key support above $2.00, with analysts eyeing a breakout through Ichimoku resistance toward higher resistance levels.

XRP is entering a critical phase as it trades near a confluence of technical indicators signaling compressed volatility. With price action coiling tightly around the $2.20 level, analysts are tracking its breakout potential toward $3.30 or higher.

XRP Faces Confluence Pressure With Pattern Support

XRP is approaching a high-pressure zone formed by a combination of trend lines, moving averages, and chart structures. This tightening range around $2.20 has become a decision point where buyers and sellers are vying for control.

Price activity has been compressing near the Fibonacci 61.80% retracement level, intersecting with a resistance trendline. This setup leads into a cup-shaped pattern, a technical formation often linked to bullish continuation. According to Dark Defender, XRP is showing a well-developed cup structure curving up from the $2.07 low and now nearing the neckline at $2.26.

Dark Defender has provided insights on the exponential moving averages, which are now converging within a narrow band. The 50, 100, and 200 EMAs are all clustered between $2.20 and $2.25. This clustering of EMAs is typically seen when markets prepare for an explosive move, as he noted. The analyst also pointed out that the Ichimoku Cloud is adding pressure from above, with XRP attempting to push through the cloud’s resistance.

Moreover, the intersection of these layers — the Fibonacci zone, resistance trendline, and cup structure — creates what Dark Defender has labeled a "tension zone.” The projection points toward $3.30 if volume spikes align with a confirmed breakout.

Breakout Retest Hints at Trend Reversal

XRP is now holding above a former downtrend, with recent structure changes indicating possible mid-term upside continuation. The recent bullish pattern breakout has increased traders' interest, especially with price activity stabilizing near prior accumulation levels.

Solberg Invest has presented a comparative analysis of XRP’s trend structure post-breakout. He stated that XRP broke a persistent descending trendline from February highs and is now consolidating around $2.15. Solberg Invest emphasized the importance of the $1.85–$2.00 support range, which has absorbed multiple sell attempts.

Source: (X)

The analyst also pointed to a developing W-pattern with a second low that formed a higher base. This suggests strengthening demand and fading bearish pressure. XRP’s short-term path targets $2.80, with further resistance near $3.20 and a mid-term trajectory leading to $4.50.

Analysts on X Lean Bullish as XRP Eyes Expansion

XRP analysts on X are leaning bullish, citing multiple confluences that reinforce current price optimism. Many are calling this a technical coil that could erupt if volume confirms the structure. The projected targets range from $2.80 to $4.50, contingent on XRP maintaining support.

Solberg Invest believes XRP will remain in an upward channel if it stays above $2.00. Meanwhile, Dark Defender has forecasted a move toward $3.61 and possibly $4.50 in the short term. XRP, now trading near $2.25, is in focus for traders watching for decisive market action.