What’s next for XRP after the whole market crash? Ripple Price Analysis

Ripple’s market activity reflects a period of equilibrium, with buyers and sellers locked in a showdown.

The lack of volatility underscores the indecision, emphasizing the need for a breakout to define the cryptocurrency’s next direction.

XRP analysis

By Shayan

The daily chart

XRP price action has been bounding within a wedge pattern since facing rejection at the $3 resistance level. It has resulted in moderate market activity and low volatility, with the asset fluctuating between $2 and $3. The current price behavior reflects the balance of the market, as neither buyers nor sellers have managed to gain a decisive advantage.

A breakout of this price range and wedge pattern is essential for XRP to initiate a clear directional move. If buyers manage to push the asset above the $3 resistance, Ripple could see a strong rally to higher price levels, possibly even surpassing its previous all-time high.

Conversely, if the sellers manage to drag the price below the $2 support level, the bearish momentum will likely lead to a decline towards the 100-day moving average, reinforcing the importance of the $2 threshold as a line of critical advocacy for buyers.

The 4 hour chart

In the 4-hour period, RP price is showing notable support at the Fibonacci retracement levels of 0.5 ($2) and 0.618 ($1.9), which have acted as strong defense zones since December of 2024. These levels reflect buyer interest as Ripple recently recovered this range, triggering a wave of buying activity that led to a short-term bullish reversal.

Despite the recovery, XRP remains restricted within the $2-$3 price range, highlighting the current uncertain state of the market. The lack of a clear breakout has left traders uncertain about the sustainability of the bullish momentum.

For now, continued consolidation within this range appears to be the most likely scenario. However, a valid break above $3 would indicate a renewed uptrend, while a break below $2 could lead to more selling pressure and pave the way for further declines.

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