XRP Prepares to Break Through — Is a Strong Recovery on the Horizon?

After falling below the $2.320 mark, the price of XRP has continued to adjust and is currently attempting to recover. However, the price action is still struggling between the buyers and sellers, and the market may witness a turning point if XRP can break through the important resistance levels. ⚠️ Recent Developments XRP has sharply fallen below the $2.300 level but found support around $2.220. The price is currently below the $2.320 threshold and the 100-hour SMA (. On the hourly chart, the XRP/USD pair has broken the downtrend line with resistance around the $2.2920 mark, indicating a slight recovery signal. 💹 Resistance Levels to Watch Although there is a recovery from the support zone of $2.220, XRP is still struggling to break through the key resistance levels: The nearest resistance is around the $2.3250 area — if it cannot break through, the possibility of a downward correction will continue. The next important resistance is the $2.3350 area, which coincides with the 76.4% Fibonacci level of the decline from the peak of $2.3540 to the low of $2.2279. If it successfully breaks through $2.350, the price of XRP could strongly bounce up to the $2.40 area, even $2.42 and $2.45 in the short term. The next major psychological resistance level is $2.50, where profit-taking pressure from investors is expected. 📉 Adjustment Scenario If XRP cannot break through the resistance area of $2.320: The first support zone to watch is $2.280. If it falls deeper, the $2.260 zone will play a strong support role. In a negative scenario, if XRP breaks and closes a candle below $2.260, the price could plummet to the $2.2320 zone, or even $2.20 — another important support level. 📊 Technical Indicator The MACD on the time frame is gradually shifting to the positive zone, indicating that buying momentum is increasing. The RSI ) relative strength index ( has surpassed the level of 50, signaling a slight bullish signal but still needs confirmation through actual price action. 🔍 Conclusion XRP is in a decisive zone. If the bulls can push the price above $2.320 and maintain the upward momentum, the possibility of extending to $2.350 and higher is entirely feasible. However, if they fail at these resistance levels, XRP risks a deeper correction towards the $2.26 zone or lower. Investors should closely monitor the support and resistance levels in the upcoming sessions to devise an appropriate strategy.