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XRP moves toward a major turning point as new upward momentum interacts with a developing expanding diagonal structure. The recent impulse from support created stronger expectations for continuation if buyers maintain control.
Traders also evaluate a structural shift noted in earlier analysis that projected a small push lower to complete a truncated low. XRP dipped deeper since then and formed a new line-chart low compared to the wick created during the liquidity sweep.
Yet the move into that low followed a complex path that differed from the earlier projection. This shift raised new questions for traders tracking the broader trend. Could this new structure build the foundation for a larger move?
XRP now forms a clearer impulsive move upward. Traders noted this shift as the early stage of momentum needed for a potential C/3 wave setup. This impulse does not confirm a full trend reversal. Instead, it signals stronger market engagement from buyers near support.
The earlier outlook, revisited by HOV, pointed to a possible truncated low before any larger move. XRP extended lower from that projection and drew a new line-chart low. The movement into that low carried greater complexity than the initial roadmap.
Still, traders watched the expanding diagonal structure forming across recent sessions. This structure aligned with the latest impulse and created new expectations for continuation if buying pressure holds. The price movement also matched the tightening pattern observed during recent analysis.
XRP held its crucial support zone as traders monitored daily and intraday signals. CryptoWzrd’s daily assessment recorded indecisive closes for both XRP and XRPBTC while noting resistance near $2.77.
The outlook stated that XRP maintains a bullish tone while it trades above support. Price strength also appeared through recent buying volume. Traders expect more direction once U.S. Core PCE data released tomorrow.
Analysts point to the $2.00 support as a key area shaping new setups. XRP trades inside a tightening structure that may soon create the next major move. Price now approaches the descending trendline that stretches from early August.
This trendline forms the main barrier near $2.77. A break above that level may open a path toward the next upside target near $4.20. Price already rejected the $2.70 region earlier and moves toward it again.
Intraday charts showed slow movement through the session. Price held within a narrow range as traders waited for stronger signals. Reports noted that $2.77 intraday resistance needs a firm break before any clearer direction forms.
Analysts expect a short pullback if the price fails to build a new bullish structure. The chart also suggests a possible retest before any decisive move. Traders continue watching volume shifts as price builds a base near support.
HOV maintains focus on buyer strength around the current support zone. Continued defense of this region increases the likelihood of the reversal scenario described in earlier analysis. XRP now develops early impulsive strength that may support that outcome.
XRP moves closer to a major break point as fresh momentum builds against the expanding structure. Buyers continue to defend support while traders monitor resistance near $2.77 and the broader trend signals. The next move depends on whether XRP produces a clean breakout or rejects the key levels ahead.
