XRP is moving inside a clear sideways channel between $1.90 support and $3.38 resistance. The structure signals accumulation, and such ranges often lead to explosive breakouts once the upper level is breached.
🔸 Support at 1.90:
This support has consistently held since early 2025. It's a strong accumulation zone and ideal area for smart money entries.
🔸 Upside Target: $5.0
If price breaks and closes above $3.38 on the weekly timeframe, XRP could rally toward $4.20 and then $5.00+, supported by fresh ETF and regulatory news.
🔸 Risk Level at 1.8257:
Break and close below this zone would invalidate the bullish bias and could open the door to further downside.
🔸 Outlook:
It’s better to accumulate near the bottom of the range (around $1.90) rather than chasing highs. Look for strong bullish candles or volume spikes near the support. Wait for a confirmed breakout and retest above $3.38 for trend continuation setups.
🔥 Fundamentals Heating Up:
• 🇨🇦 First Spot XRP ETF approved
• US Crypto regulation in final stages
• Regulated stablecoin issuers backing XRP
• Arthur Hayes re-enters the XRP talk after 13 years 👀
#btc #eth
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.