XRP is once again testing a critical resistance area, with traders eyeing the $2.55–$2.65 range as the next decisive battleground between bulls and bears, according to analysis shared by EGRAG Crypto.
The analyst highlighted that XRP’s structure shows a measured move from its descending channel, pointing toward a short-term upside target of around $2.57. “Every supply zone flipped into support is a grinding battle between the bulls and bears, and XRP is right in the middle of it,” EGRAG wrote.
The chart indicates that a 3-day close above $2.65 would mark a strong breakout signal, potentially igniting a new macro bullish phase and cycle highs. However, a drop below $2.31 could invalidate the bullish setup and lead to a deeper correction.
Momentum indicators show XRP’s strength gradually building after weeks of consolidation. With macro resistance overhead and strong demand levels forming below, traders are watching whether XRP can finally flip its resistance into lasting support.
EGRAG summed up the sentiment succinctly: “#XRP momentum is building, one flip at a time.”