Ripple Price Analysis: What is XRP’s Next Most Likely Scenario After a 30% Weekly Rise?

Ripple’s Recent price action signals a shift from passive consolidation to active recovery, although key overhead resistance levels are still in play.

Ripple Price Analysis: The Daily Chart

On the daily time frame, XRP has responded strongly from the established buyer base around the lower demand zone around $1.8. This area has repeatedly absorbed selling pressure, confirming that it is a meaningful demand zone where buyers are willing to defend the price. The latest daily candles show a clear bullish breakout from the descending structure, indicating that sellers are losing control after months of lower highs.

Despite this positive development, the asset is now approaching a critical resistance zone around $2.4-$2.5. This area closely aligns with the 200-day moving average, making it a technically important barrier. While the breakout is constructive, follow-on strength will be needed for the token to achieve adoption above this region. A rejection here wouldn’t negate the recovery, but it would likely keep price trading within a broader range rather than moving into a sustained bullish trend.

XRP/USDT 4-hour chart

The 4-hour chart provides a clearer picture of the recent shift in momentum. XRP spent an extended period consolidating above the buyer base and formed a compression structure as selling pressure subsided. The subsequent break to the upside was decisive, with the price reclaiming the descending channel and moving higher without immediately returning to the previous range.

This breakout reflects improving near-term sentiment as higher lows are now forming above the former consolidation zone. However, similar to the daily time frame, the price is now encountering a resistance cluster near $2.1-$2.2, which is consistent with the previous supply and the path of the declining moving average. A successful hold above the breakout level would keep the bullish structure intact, while the inability to hold above this zone could result in a pullback towards the buyer’s base for a retest.