Eyes on XRP as It Approaches Critical Support in Search of Breakout Clues

XRP Steadies Around $2.15 as Market Eyes Breakout Potential Amid Geopolitical Jitters

XRP is holding its ground near $2.15, trading in a narrow band between $2.13 and $2.18 as volatility eases and a symmetrical triangle pattern emerges—a classic setup hinting at an imminent price move.

The token appears to be consolidating in an accumulation phase, with support anchored around the key 38.2% Fibonacci retracement level traced from its highs earlier this year.

Macro Landscape

• Broader markets remain tense amid global geopolitical uncertainties and shifting central bank policies, yet XRP has maintained relative stability since its surge to highs around $3.39 earlier in 2025.
• Ripple’s legal standoff with the U.S. Securities and Exchange Commission continues to loom over sentiment. Settlement discussions remain in play, while speculation persists about a potential spot XRP ETF. Although Franklin Templeton’s ETF application has been delayed, it remains active.
• Ripple executives have suggested that XRP could one day facilitate up to 14% of SWIFT’s global transaction volumes—a scenario that could significantly expand its institutional role.
• Despite cautious sentiment elsewhere in crypto, Ripple’s cross-border payments narrative and solid technicals are keeping traders engaged as they anticipate a possible breakout.

Recent Price Activity

Over the past day, XRP traded within a tight range of $2.135 to $2.186, reflecting the market’s indecision. A brief surge during the 13:21 to 13:30 UTC window pushed prices from $2.151 to $2.158 on increased volume, hinting at renewed buying interest.

Following the spike, XRP pulled back to retest support at $2.150—a level overlapping with the key Fibonacci retracement zone—where buyers stepped in again.

Technical Signals

• XRP saw a narrow 2.38% trading range in the last 24 hours, between $2.135 and $2.186.
• Strong support has developed around $2.133, while resistance remains capped near $2.186.
• Consolidation continues between $2.150 and $2.165, typical of pre-breakout behavior.
• The critical Fibonacci support at $2.152 remains intact.
• A volume surge set a short-term high at $2.158 during the 13:21–13:30 UTC period.
• After dipping to $2.150, prices swiftly rebounded to $2.152, signaling sustained demand.
• Momentum indicators like RSI and MACD remain neutral, suggesting traders are waiting for a clear directional catalyst.

With volatility tightening, traders are watching XRP closely for either a decisive breakout or a potential retracement in the sessions ahead.