XRP Eyes $2.50-$8 as Most Hated Rally Flashes Rare 13-Year Washout Setup Today

XRP holds $1.10-$1.30 support after a 68% correction from $3.66 as traders watch $2.50, $3.66, and $8 levels.

XRP analysts are watching a fresh technical setup after the token completed a 68% correction from its $3.66 cycle high.

The weekly chart shows XRP still defending the $1.10 to $1.30 accumulation zone, which remains the main support area.

Analysts say the correction phase may be reaching its final stage if higher-timeframe support continues to hold.

The debate has also grown around XRP sentiment, with some market watchers calling the current setup one of its rare washout phases.

XRP Holds $1.10-$1.30 Accumulation Zone

XRP has remained inside the $1.10 to $1.30 support region after its sharp correction from the $3.66 high. 

This area has become the main zone watched by traders looking for signs of stability.

The 68% retracement has placed XRP in a deep pullback compared with its earlier cycle advance. 

However, price has not lost the accumulation range that analysts continue to track on the weekly chart.

A clean breakdown below this zone would weaken the current structure and shift attention to lower support. 

The next deeper support area sits around $0.40 to $0.60, based on the levels shared by market analysts.

Price Targets Return as Bulls Watch Resistance

The first resistance area for XRP sits between $2.00 and $2.50. A move into that range would show that buyers have regained control after the long correction.

The $3.66 level remains the current cycle high and a key retest area. If XRP reaches that zone again, traders would likely focus on whether price can clear the previous high.

Above that level, analysts are watching $5.00 to $6.00 as the start of a possible price discovery phase. 

The $8.17 level has also been cited as a Fibonacci extension target if momentum expands.

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Sentiment Turns Toward Rare Washout Setup

Market sentiment around XRP remains weak, according to analysts tracking long-term crowd behavior. 

Some traders have described the current period as one of the most disliked XRP setups in recent years.

The latest analysis claims XRP has only looked this washed out three times in 13 years. 

In earlier cases, the market ignored the setup before price moved higher, according to those analysts.

Still, sentiment alone does not confirm a price rebound. XRP must continue holding support and reclaim higher resistance levels before traders can confirm stronger momentum.

The next stage depends on whether buyers can defend the $1.10 to $1.30 zone. If they do, XRP could attempt another move toward $2.50, $3.66, and later higher targets.

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