XRP Targets $2.69 As Price Holds Above Key $2.53 Resistance

XRP needs to maintain levels above $2.53 to reach the next resistance target at $2.69 according to current charts.

A failure to hold $2.53 could push XRP down toward $2.30 as volatility increases during the weekly transition.

The daily and intraday charts show indecision suggesting XRP will mirror Bitcoin and XRBPBTC’s next directional move.

XRP is hovering near the $2.53 resistance zone after an indecisive daily close, showing mixed sentiment across major trading pairs. Both XRP and XRBPBTC closed without clear momentum, signaling market hesitation. Analysts indicate that a positive move will likely depend on a decline in Bitcoin dominance, which often drives renewed interest in altcoins.

The broader sentiment remains tied to Bitcoin’s direction, with XRP expected to mirror BTC’s next major move. A sustained breakout above $2.53 could open a long opportunity toward $2.69. However, weakness below this threshold risks triggering a retracement toward the $2.30 support area, where buyers previously defended price levels.

Despite the indecision, XRP’s technical structure hints at an emerging setup on lower timeframes that traders are closely monitoring. Could this be the turning point that defines XRP’s direction heading into November?

Daily Outlook: Sentiment Awaits Bitcoin’s Cue

The daily candle for XRP closed without clear bias, reflecting cautious trading behavior across crypto markets. Analysts from CryptoWzrd noted that XRBPBTC also remains neutral, reinforcing the importance of Bitcoin’s dominance in guiding XRP’s trend.

The report explained that a pullback in BTC.D would create room for XRP to regain upward momentum. Historically, such declines in Bitcoin dominance have coincided with short-term rallies in altcoins, offering traders fresh opportunities.

Market participants are therefore watching for confirmation signals across multiple timeframes. A sustained push above $2.53 remains the first technical requirement for bullish continuation. Conversely, repeated rejections near that zone could confirm ongoing consolidation before the next significant move.

Intraday Analysis: Volatility Ahead of Weekly Transition

The intraday chart presents a choppy structure with XRP repeatedly testing the $2.53 resistance level. Analysts highlight that maintaining this zone could unlock a run toward $2.69, providing an intraday long opportunity. The potential upside target marks the next resistance band, aligning with historical reaction levels on the chart.

However, sustained movement below $2.53 may shift momentum downward, sending prices toward $2.30. This level serves as the nearest support and an area of prior accumulation. Traders anticipate heightened volatility as XRP approaches the weekly transition period, which typically brings sharper swings.

Technical indicators suggest XRP’s short-term movement will depend on volume confirmation. A decisive candle close above $2.53 with follow-through buying could validate a new rally phase. Meanwhile, any rejection would maintain range-bound behavior as liquidity consolidates.

Chart Formation Signals Potential Upside Setup

The posted TradingView chart shows a potential breakout structure forming around $2.53, supported by a broader descending trendline. A clear breakout above this zone could lead XRP to revisit higher resistance levels between $2.69 and $2.90, with extended targets reaching $3.65 in the medium term.

Analysts note that XRP’s recent price action mirrors its earlier accumulation pattern seen before major rallies. The caption highlights that a breakout from $3.65 could trigger a larger move toward the $4.60–$4.70 region. For now, short-term traders remain focused on the $2.53–$2.69 corridor, where near-term momentum will determine broader direction.

As XRP consolidates, both technical and sentiment-based factors indicate that the asset is approaching a critical decision point. Market participants await confirmation to determine whether this formation will transition into a full-scale breakout or another round of consolidation.