Traders Brace for a Major Move as Key Zones Tighten

Altcoin Analysis

XRP is once again drawing attention as traders focus on a tightening price range and a set of clearly defined technical levels that could decide its next major move.

After weeks of choppy trading, market data suggests XRP is approaching a zone where conviction from either buyers or sellers may soon emerge.

Key takeaways

XRP is consolidating near $2.00, with $2.17 acting as key resistance and $1.96 and $1.78 as major support zones.
Momentum indicators suggest consolidation rather than an immediate trend continuation.
Ripple’s regulatory approval and AMINA Bank’s adoption support the long-term narrative but are secondary to current price action.
A confirmed breakout or breakdown is likely needed before sentiment shifts decisively.

At the time of writing, XRP is hovering near the $2.00 area, a level that has acted as a psychological pivot throughout recent sessions. While broader crypto markets remain cautious, XRP’s on-chain and chart signals are starting to align around a handful of critical price points that are shaping short-term expectations.

Key price levels come into focus

On-chain cost basis data highlights a clear technical map for XRP. The most immediate upside barrier sits around $2.17, where a large concentration of holders previously acquired tokens. This level is now acting as a resistance zone, with sellers consistently stepping in when price approaches it.

On the downside, two support areas stand out. The first lies near $1.96, which has already absorbed multiple pullbacks. Below that, the $1.78 region represents a deeper support band where historical buying activity increases sharply. A decisive break below this zone would likely change the current market structure and open the door to further downside pressure.

From a momentum perspective, indicators remain mixed. Relative strength readings are sitting in neutral territory, suggesting the market is not yet overstretched. Meanwhile, trend indicators point to consolidation rather than a strong directional push, reinforcing the idea that XRP is coiling for a larger move rather than trending decisively.

Bigger targets still dominate long-term narratives

While short-term traders are focused on nearby support and resistance, longer-term analysts continue to outline far more ambitious scenarios. Some chart models place a key inflection point around the $3.40 region. A sustained move above that level would signal a return to a broader bullish structure, while repeated rejection there would likely reinforce a longer consolidation phase.

Beyond that, more aggressive projections extend toward much higher price zones over time, based on long-term logarithmic trend channels rather than near-term catalysts. These models are not predictions of immediate moves, but they continue to shape sentiment among long-term XRP holders who view current price action as part of a much larger cycle.

Ripple approval adds context, not immediate fuel

In the background, Ripple itself has scored an important regulatory milestone with conditional approval to move forward with a national trust bank structure in the United States. While the development strengthens Ripple’s institutional positioning and credibility, its market impact on XRP has so far been muted.

Traders appear to be treating the news as a structural positive rather than a short-term price trigger. The approval reinforces Ripple’s long-term strategy around compliant financial infrastructure, particularly in areas such as stablecoins and institutional payments, but it has not yet translated into a breakout for XRP.

AMINA Bank expands real-world usage narrative

Separately, AMINA Bank has added to the broader XRP ecosystem story by becoming the first European bank to go live with Ripple-powered payments. The move highlights growing institutional adoption of blockchain-based settlement rails, especially among regulated financial entities.

However, similar to the Ripple approval, this development is being viewed as supportive background progress rather than a catalyst for immediate price action. For now, the market remains focused on charts, liquidity zones, and trader positioning rather than headline-driven momentum.

A market waiting for confirmation

Taken together, XRP appears to be at a crossroads. Strongly defined technical levels are compressing price action, while longer-term narratives continue to build quietly in the background. Until a clear break above resistance or below key support occurs, traders are likely to remain cautious.

The next decisive move may not come from headlines, but from how price reacts when it is finally forced out of its current range.

The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

Author

Alexander Zdravkov is a person who always looks for the logic behind things. He has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.