- XRP faces bearish pressure but the chart shows a clear breakout zone at $2.65 that could open a new advance.
- A move above $2.65 may target the $4.50–$4.70 region while the present structure moves inside a tight band.
- Bitcoin support remains important and the intraday view shows XRP still trading sideways near the resistance area.
XRP closed bearish in the latest daily session and the XRPBTC pair also ended lower. The technical outlook shows that a move above $2.65 remains the level that could shift the market into a new rally phase. The chart displays a clear breakout zone and outlines a path that reaches the $4.50–$4.70 range if this level breaks with strength.
Daily Structure Shows XRP Below Resistance as Market Watches $2.65
The daily outlook states that XRP needs support from Bitcoin before buyers can regain control. Bitcoin still guides broad sentiment and the text notes that the next bullish move in XRP requires stronger activity on the BTC side. The chart supports this idea by showing that XRP has not reclaimed the upper trend line since the last high.
XRP remains inside a narrow channel and the candles show lower highs across recent sessions. The $2.65 region marks the point where this trend would break. If XRP reaches that level with convincing volume, the chart shows a projected move toward $4.50–$4.70. This move forms the upper target in the drawn trend path.
Until then, XRP remains in a consolidation phase. The daily chart shows support around the lower band, where price held firm through earlier dips. Bears still maintain short-term control yet the structure shows a clear upside map once the main breakout line is tested.
Intraday Chart Reveals Tight Movement Below the Main Resistance
The intraday view also closes bearish. The text notes that the $2.08–$2.20 region acts as a strong resistance. Price remains below that line, and XRP continues to move sideways across a narrow band. This activity shows that momentum is limited and the market needs a clear signal before any larger move appears.
The chart image shows a long descending trend line from earlier highs. XRP has attempted to break this line several times over the past weeks, yet no candle has held above it. The intraday sentiment remains cautious, and the absence of stronger volume keeps XRP from reaching the upper zone.
Support from Bitcoin remains important. The intraday view states that Bitcoin’s movement will decide whether XRP can break the $2.08–$2.20 region. With the current lack of momentum, the price may continue to move inside the channel until stronger conditions emerge.
Chart Shows a Possible Rally Toward $4.50–$4.70 if $2.65 Breaks
The technical note in the image states that a breakout above $2.65 will lead to a rally toward $4.50–$4.70. This statement is marked on the chart with a label and arrow that show the expected direction. The projected move follows the trend line and targets the upper band used in earlier cycles.
The chart shows a clear structure that signals where XRP may go if buyers gain momentum. The long trend line marks the break point that has not been crossed in previous attempts. A close above that line signals market strength and creates room for a new rally. Traders watching this structure now focus on whether XRP can reach and break that level in the coming sessions.
This structure now leads to one central question: will XRP gather enough support to break $2.65 and move toward the $4.50–$4.70 zone?
