After a hesitant daily close, XRP traded within a very tight range as Bitcoin weakness dictated the market's overall movement. XRP maintained relative strength versus Bitcoin, and traders continued to pay attention to Bitcoin Dominance for a possible weakening that would help pave the way for a more decisive move.
The key intraday levels have now shifted, with $2.4080 emerging as the primary region to watch for a possible second attempt at upper resistance levels.
The overall framework outlines solid support at $2.2700 and an upper resistance obstacle near $2.7500, thereby raising an essential question for traders: Will XRP be able to generate sufficient strength to surpass the following resistance areas?
XRP ended its daily session with an indecisive candle as both XRP and XRPBTC held their positions through market turbulence. Bitcoin showed weakness during the session, while XRP recorded relative strength and remained above its recent support level.
From the daily chart, $2.2700 was established as the immediate support for added safety during the market's pullback. In addition to monitoring Bitcoin Dominance, the market required continued weakness from Bitcoin to support XRPBTC recapturing its low of the day.
The asset tracked both Bitcoin and XRPBTC movement through the session, creating expectations for a more directional move during the next daily cycle. Additionally, $2.7500 stood out as the next major resistance level on the chart.
Visual analysis of the chart revealed a broader descending trendline and an upper resistance zone near $3.65. A breakout: above that level could unlock a potential rally toward $4.60 to $4.70, based on previous price behavior shown on the chart.
Intraday trading exhibited sharp fluctuations, with weakness emerging early in the US session. Bitcoin’s decline affected overall sentiment and created pressure on XRP’s lower-timeframe structure.
Traders observed that recovery above $2.4080 could support a move toward $2.5500, which served as the next marked intraday resistance. This level created the first actionable reference for the upcoming session.
Conversely, a failure to move above $2.4080 would likely develop a sideways phase on lower time frames. This outcome would keep the price orbiting between short-term support and resistance while awaiting new momentum signals.
Bitcoin’s sentiment and Bitcoin Dominance continued to influence XRP’s immediate development. Market participants prepared for tomorrow’s structure, which was likely to present the next potential trade setup.
The chart showed a clear descending trendline stretching from earlier peaks. Each rejection along that structure gave traders a strong reference point, creating a defined ceiling that XRP approached again.
Beneath that trendline, the chart displayed repeated attempts to build higher lows, reflecting steady accumulation. The $3.1500 area appeared as a mid-range boundary that aligned closely with the projected breakout path marked by the upward arrow.
The long-term chart provided a wider scope, revealing how a sustained breakout above $3.65 would have the potential to start a substantial expansion phase. In previous sessions, the price reacted sharply to that area, creating a dynamic where a breakout produced rapid rallies between $4.60 and $4.70
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XRP largely maintained stability amid Bitcoin weakness, holding its key daily support at $2.2700. Traders are now approaching $2.4080 to determine crypto's next move, as a break above could facilitate a longer route to $2.5500. As the market remains closely tied to Bitcoin Dominance, monitoring market sentiment in the zones is worth consideration.