Analyst to XRP Traders: This Is Exactly What We Want to See

XRP traders are observing the charts with renewed optimism as price action tightens around a significant support range. The market appears poised for a decisive move, and the current technical structure presents one of the cleanest setups seen in weeks. While conditions are forming for a strong impulse, confirmation is still awaited, with traders now focusing on two crucial levels that could trigger a substantial bullish run.

Tara, a respected analyst on X, has shared a detailed roadmap guiding this analysis. Her chart illustrates a clear bullish structure, delineating specific resistance and support zones. This setup closely resembles a classic Wave formation, suggesting XRP is building pressure for Wave 3. Her outlook has garnered significant attention due to the alignment of these levels with current market behavior and liquidity patterns.

Current Market Structure

XRP is currently trading near $2.09 and remains comfortably above a defined support zone. Price action exhibits consolidation, a pattern often preceding larger market movements. Tara's chart reveals a well-defined range that has contained price for several days. The Relative Strength Index (RSI) levels also indicate moderate strength, lending support to the possibility of a breakout.

Key Resistance Levels to Break

Tara has identified two local resistance levels at $2.18 and $2.30. These levels are critical for short-term momentum and act as barriers to higher price targets. A strong impulse wave that successfully breaks through both of these levels would serve as confirmation for the commencement of Wave 3. Historical market data suggests that XRP often experiences sharp acceleration once it overcomes clustered resistance zones.

Wave 3 Target and Price Outlook

The projected target for Wave 3 is set at $2.73. This target was derived by Tara using Fibonacci measurements and an analysis of Elliott Wave structure. She has indicated that the levels for Wave 4 and Wave 5 will be updated once Wave 3 has fully materialized. This approach allows for necessary flexibility, as the progression of later waves is contingent upon the amplitude of Wave 3. Traders are advised to closely monitor price action and reactions once a breakout occurs.

Support Zone and Downside Considerations

The current support level is situated at $2.07. Tara acknowledges the possibility of a retest of this level. However, her expectation is that XRP will maintain its position above this point, consolidating strength before attempting a breakout. A sustained break below $2.07 would indicate a weakening of the current bullish structure and could lead to a delay in the anticipated wave count.

Broader Context and Market Drivers

XRP continues to benefit from an improved regulatory clarity experienced throughout 2025. Additionally, liquidity across major exchanges has stabilized. These favorable conditions provide a solid foundation for technical setups and mitigate external risks. Consequently, traders are increasingly relying on chart signals rather than solely on regulatory headlines for their decision-making.

Tara's analysis provides a clear framework for traders tracking XRP's next significant move. The chart highlights key support at $2.07 and resistance points at $2.18 and $2.30. A decisive breakout through these barriers would pave the way for the $2.73 target. The current market structure supports this outlook, and the technical indicators align with broader market sentiment. Traders are now keenly observing whether XRP can generate the impulse wave necessary to confirm the next upward trajectory.