4 min readXRP continues to trade within a defined high time frame range, but the recent reclaim of the $2.10 level, marked as level 1, is a key technical development. This level had previously acted as resistance, and the reclaim suggests growing bullish interest as the price now tests a descending trendline just above current levels.
Should XRP manage to break above this trendline, attention turns to the range EQ near $2.50, which acts as a high time frame resistance and the midpoint of the broader consolidation zone.
On the 4-hour chart, we are watching three levels of interest. The first is $2.15 (level 1), which is currently being tested as support following the recent breakout. Holding this level would provide a strong base for continuation.
The second level to watch is $2.30 (level 2), located just above the descending trendline. A break above this level would indicate bullish continuation and likely attract further momentum into the next resistance zone.
The final level of interest is $2.50 (level 3), which marks the high time frame range EQ. This would be the next probable resistance zone if the breakout structure remains intact and buyers can push past near-term levels.
XRP remains range-bound on the higher time frames, but the recent reclaim of structure and setup across the 4-hour chart support a cautiously bullish outlook, particularly if the price confirms a breakout above the descending trendline.
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