(From my analysts network)
Daily $XRP snapshot ⬇️
$HBAR $XLM $VELO
Current Price: $2.86
24h Range: $2.85 – $2.91
Trend: Sideways-to-bearish short-term, holding key support on the higher timeframes.
What’s Happening Now
XRP has been consolidating tightly between $2.83–$2.91, showing indecision after the sharp rejection near $3.05 earlier this week.
The latest 4H and 1H charts show price retesting the lower boundary of this range with fading volume — a sign that sellers are losing strength. Despite short-term pressure, the daily and weekly candles are still printing higher lows relative to the $2.65 base, keeping the macro structure bullish for now.
This zone around $2.85 is a key demand area that’s been defended multiple times since early October.
Key Levels
Support:
$2.83–$2.85 → short-term demand zone
$2.65 → weekly structure low, critical macro support
Resistance:
$2.91–$2.93 → intraday supply
$3.04–$3.06 → daily resistance / breakout trigger
$3.25 → next major upside target if breakout confirms
What’s Likely Next
As long as $2.83 holds, XRP is likely to base here before another breakout attempt.
A daily close above $2.93 would start a new short-term recovery leg toward $3.04.
If $2.83 breaks, expect a deeper correction toward $2.70–$2.65 (strong buy zone on the weekly chart).
Volume has been gradually decreasing since the initial drop — typical of a cooling phase before a larger move. A sudden spike in green volume would likely signal the start of a new push higher.
Summary
Structure: Range-bound consolidation after rejection
Bias: Neutral-to-bullish if $2.83 holds
Watch for: Daily close > $2.93 to re-test $3.04–$3.25
Risk zone: Break below $2.83 = bearish continuation to $2.65
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