XRP Forecast: Will Ripple Break Past $2.65 Resistance?

XRP has been navigating a tight trading range recently, and crypto traders watching Ripple’s movements are assessing whether the digital asset is ready for a breakout. The XRP price has been fluctuating between levels of $2 and $2.65, suggesting a balanced sentiment in the market — where buyers and sellers are equally matched.

Ripple’s current price structure reflects an indecisive phase. The 20-day exponential moving average is relatively flat, currently positioned near $2.34, while the relative strength index is hovering around the neutral 50 mark. These technical indicators indicate that neither bulls nor bears have a clear advantage at this point.

For buyers, the critical level to overcome lies at $2.48. A firm move above this resistance zone could help push XRP toward testing the $2.65 mark again. If bullish momentum carries the price beyond $2.65, analysts expect the next possible stop to be around the $3 level. This would mark a significant shift in short-term sentiment, possibly turning market attention back to long-term growth potential.

However, if XRP fails to maintain upward momentum and falls below the 50-day simple moving average, downside risks may emerge. A sustained drop could lead the asset toward key support at the $2 level. Should XRP break below this important psychological barrier, selling pressure may heighten, accelerating a slide back to the $1.61 region. Market participants would view that level as a last-line support in the current context.

The broader crypto environment has been volatile, but institutional interest has not waned. Despite recent pullbacks in several altcoins, investor activity continues to hold steady. As of this week, digital asset investment products have seen strong inflows, showing a resilient appetite in the market for cryptocurrency exposure. That steady confidence could bolster XRP’s resilience through weaker technical phases.

Other leading cryptocurrencies are showing similar patterns of cautious optimism. For example, Bitcoin experienced consistent buying every time it dipped below key levels, staying above critical support zones. Such behavior often influences altcoins like XRP, and if Bitcoin propels forward, its momentum could spill over into Ripple’s price trajectory.

Traders are keeping a close eye on whether XRP can ride the coattails of renewed optimism in the broader digital asset market. The next few days are likely to be pivotal. Ripple’s performance against resistance at $2.48 and potentially at $2.65 could guide its medium-term direction.

Until a decisive breakout or breakdown takes place, XRP is expected to oscillate within its current range. Investors may respond by engaging more at support levels and unloading positions closer to resistance, maintaining the equilibrium seen throughout the past week.

XRP’s consolidation between $2 and $2.65 suggests that a larger move may be building under the surface. Whether that move leans bullish or bearish will depend on broader market sentiment, external drivers like institutional flows, and Ripple’s ability to sustain momentum above its current trading channel.

Related: Expert Advice: Sell XRP If You’re Confused

For now, the crypto market watches Ripple carefully, searching for signals that might hint at the next price shift. As XRP lingers near the resistance zone, traders are preparing for significant activity — either a surge towards $3 or a fall toward deeper support levels.