- •XRP’s chart from EGRAG CRYPTO identifies $2.14 as the key structural support, aligning with the descending triangle’s measured move projection.
- •The $2.65 resistance remains a crucial decision point, determining whether XRP resumes its bullish momentum or continues consolidating near mid-range levels.
- •Buyers maintain strong defense between $2.40 and $2.60, keeping XRP’s bullish cycle intact as the next 60–90 days prove decisive.
The XRP price structure is consolidating within a critical range as technical indicators point toward a potential measured move near the $2.14 level. Current market activity reflects strong defense from buyers as the token trades around $2.47.
Measured Move Structure Reflects $2.14 Target Zone
According to market analyst EGRAG CRYPTO (@egragcrypto), XRP’s chart suggests that a measured move from a descending triangle formation points toward $2.14. This level has repeatedly appeared as a structural support area in previous chart projections.
The analysis explains that XRP initially exhibited a red wave structure (w–x–y) that aligned with a descending triangle breakdown, theoretically projecting a price tag near $2.14. While a brief wick touched this zone, the market quickly rebounded into the $2.40–$2.60 range, showing that buyers continue to defend mid-range levels aggressively.
This reaction suggests that XRP’s short-term momentum remains intact, despite structural pressure from the triangle pattern. The $2.14 zone also aligns with the 200 EMA, forming a technical confluence that traders view as a vital “line in the sand.”
Critical Resistance Remains at $2.65 Level
EGRAG emphasized that the $2.65 zone remains pivotal for determining XRP’s next direction. The level has consistently acted as both rejection and confirmation territory within the current market setup. Sustained closes above $2.65 would likely neutralize immediate bearish pressure.
If XRP achieves this breakout, the move could extend toward $3.82 — the upper resistance trendline identified on the chart. However, continued rejections around $2.65 could reintroduce selling momentum and push price back toward $2.50 and $2.40.
For traders, the short-term range between $2.40 and $2.60 remains decisive. It defines whether market participants will regain bullish control or face a return toward lower support zones.
Cycle Structure Faces Key Test in Coming Day
EGRAG noted that closing 3-day candles below $2.00 and $1.91 would challenge the broader bullish cycle and question whether the $3.65 top marked the cycle’s peak. Such a breakdown would signal weakness within the current structure.
For now, XRP continues to trade firmly within its compression range, maintaining stable sentiment across the market. Buyers are actively defending lower zones, preventing deeper retracements from developing.
The next 60–90 days are expected to determine XRP’s directional bias — whether it can reclaim the bullish wave and advance toward higher resistance or confirm the descending triangle’s projected move toward deeper levels. With a 24-hour trading volume of $8.00 billion, XRP remains one of the most closely watched digital assets in the market.