XRP moved sharply within a $0.14 range after defending a critical support band near $2.03. The token bounced with strong momentum and touched $2.17 during a heavy 200.5M-volume burst. The charts also showed repeated reactions at the same price floor. Technical readings displayed developing bottom structures and clear signals from volume-anchored indicators as XRP approached a long-running descending trendline.

Support Holds as XRP Tests Breakout Conditions

XRP traded near $2.11 during the latest session and continued to hold a strong horizontal support zone at $2.03–$2.07. The latest bounce formed another clean reaction near the lower boundary. The movement came after weeks of pressure under a descending trendline that formed in late October.

A clear arrow on the chart pointed at the region where XRP may attempt an upside break. The volume profile also showed thin activity near the current range, which suggests XRP sits in a low-volume pocket. The profile recorded heavier activity above $2.30, creating a high-volume node that remains a major reference point.

Additionally, the 1-month RVWAP sat above spot prices at 3.11%. Traders often track this indicator when evaluating mean-reversion zones. The 12-month RVWAP cluster stood higher at 15.45%. These readings aligned with VWAP bands around $2.50–$2.60, representing a region where price stalled earlier.

The support zone below $2.05 stayed firm across both sessions and intraday activity. The charts also showed XRP forming multiple rounded lows around $2.00–$2.05. These reactions matched on both Binance and Coinbase order-flow charts.

Order-Flow Data Shows Contrasting Liquidity Conditions

Order-flow charts on Binance and Coinbase revealed several curved markers under repeated lows. These patterns formed at nearly identical price zones, suggesting the same structural floor across exchanges. This action appeared consistent over several weeks of trading.

The Orderbook Suite readings showed different skew conditions. Binance skew sat near -951.03K, which pointed to heavier downward pressure during recent orders. Coinbase skew shifted higher to 1.16M. This showed a strong positive imbalance forming on that venue.

Heatmap readings added more detail. Clusters of thick bids sat directly beneath current prices across both charts. Thin but visible sell walls concentrated between $2.20 and $2.30. These levels remain key if XRP attempts to break higher.

Furthermore, XRP printed new highs at $2.181 during the 02:12–02:13 window. This move came as multiple volume spikes above 3M appeared. A tight consolidation band then formed between $2.155 and $2.180. The pattern suggested steady accumulation inside this range.

Short-Term Structure Strengthens With Fresh Volume Signals

Trading activity showed real strength once hourly volume crossed 1M. This condition often signals genuine accumulation rather than short-lived rallies. The heaviest burst came at 15:00 GMT with 200.5M volume, which triggered the key push above $2.10.

Additionally, the ascending triangle pattern remained active on the chart. The structure carried multi-month breakout implications. Stochastic RSI formed a bullish cross, while network activity increased strongly during the same window.

The market now faces a pivotal question: Will XRP clear the $2.17–$2.18 resistance and open the path toward $2.33–$2.40?

The structural support zone at $2.00–$1.98 remains the invalidation level for the current breakout attempt.

Also Read: XRP News Today: XRP Nears Key C-Level As Market Tracks Corrective Decline

Conclusion

XRP held its critical support zone and advanced on strong trading volume, repeated bottom formations, and clear order-flow signals across major exchanges. The token now approaches a decisive resistance area. Traders may watch XRP’s reaction at $2.17–$2.18 to gauge whether momentum continues or fades.