Long-term resistance remains the critical level for XRP

XRP is currently trading within a narrow range reflecting a gradual shift in market behavior, as buyers continue to enter their positions early during price pullbacks. As a result, this trend has led to the formation of higher lows, indicating increased demand and strengthening fundamental support.

Moreover, the narrowing gap between support and resistance levels suggests a compression phase, which typically precedes a significant price movement once the range expands. Historical patterns confirm this view, as similar formations in the past have led to rapid bullish expansions resulting in new price zones.

Over the past decade, XRP's price has experienced a notable rise once the descending resistance level was broken. The price is still below this level today (on the monthly chart). Overall, higher lows are forming, and breaking this level has always been a positive signal toward higher levels.