The market for XRP is once again gathering momentum. After months of consolidation, traders are closely watching price action that could define the next major phase of the cycle. XRP’s resilience around key support zones has reignited optimism among long-term holders who believe the asset may be preparing for a renewed surge.
ChartNerd’s Accurate Bottom Call
Renowned technical analyst ChartNerd recently identified the bottom for XRP between $2.20 and $2.00. So far, that prediction has proven accurate. The coin has rebounded steadily from those levels, with bullish sentiment returning across trading communities. XRP currently trades around the mid-$2.40 region, forming a structure of higher lows—a signal that accumulation may be underway. ChartNerd’s precise bottom call aligns with key market data. The $2.00 range has served as a strong psychological and structural support since October. It is also near XRP’s 200-day moving average, which has acted as a springboard for previous rallies.
$XRP holders.. Nerd called the bottom for $XRP between $2.20/$2, and so far, all is going well.. The next stop is breaking $2.70 resistance, which I've tweeted about several times since the local lows.. Once $2.70 (immediate resistance) is cleared, the pathway to ATH begins.
Why the $2.70 Level Matters
The next significant challenge for XRP lies at $2.70, a resistance level that has rejected several previous rally attempts. This price zone carries heavy sell orders, making it a crucial barrier between the current consolidation and a full breakout. A confirmed close above $2.70 would likely signal a major technical shift. It would convert the level from resistance to support, paving the way for XRP to retest the $3.00–$3.50 region. Such a move would also confirm renewed market strength and could attract additional trading volume from institutions and retail investors alike.
Market Context and Key Factors
Beyond technical analysis, broader fundamentals are also supportive. Ripple’s network growth, new payment corridors, and increased on-chain liquidity continue to strengthen XRP’s position. Institutional attention toward blockchain-based payments has also grown, particularly after several major financial firms discussed settlement technology integrations at recent industry events.
However, traders are urged to remain cautious. If XRP fails to sustain momentum above $2.20, it could risk slipping back into consolidation. Short-term volatility remains possible as the market digests macroeconomic data and global liquidity trends.
The Road Ahead for XRP Holders
For now, XRP’s chart structure favors the bulls. Market sentiment has improved, and technical indicators continue to flash early signs of strength. The $2.70 resistance stands as the next major milestone to watch. A decisive break above that level could trigger a sustained rally toward the all-time high (ATH) zone. Until that happens, traders should monitor volume surges, daily closes, and support strength around $2.20 to confirm momentum continuity. In summary, ChartNerd’s bottom call remains intact, and attention has now shifted to the crucial $2.70 level. Once cleared, XRP may finally begin its long-awaited climb toward new highs, marking the start of what many analysts expect to be the most significant phase of its current market cycle.