XRP is currently trading at $2.34, staying within a tight range between $2.30 and $2.50. The $2.30 level has proven to be a solid floor, aligning with the 50-day Exponential Moving Average (EMA). Below that, the 200-day EMA at $2.06 offers further support in case of a dip. After a

• XRP is consolidating above $2.30, supported by bullish technical signals and increased whale accumulation.
• MACD and RSI indicators point to recovery, while declining exchange supply adds to upside pressure.

XRP is currently trading at $2.34, staying within a tight range between $2.30 and $2.50. The $2.30 level has proven to be a solid floor, aligning with the 50-day Exponential Moving Average (EMA). Below that, the 200-day EMA at $2.06 offers further support in case of a dip.

After a rejection near $2.65, XRP pulled back but found strong buyer interest around $2.30–$2.35. This zone has since acted as a base for renewed momentum. A daily close above $2.50 could set the stage for a push toward $2.80—and possibly $3.00—if the rally picks up steam.

Technical Indicators Signals Mixed Sentiment as Market Cools Off

The Relative Strength Index (RSI) has relaxed to a low at 38, a figure that suggests  selling pressure, although still a consolidating moment, and opportunities to position for a potential breakout. 

Currently, XRP has trades above its 10-day, 30-day and 60-day Moving Averages, and this moment confirms its bullish dominance and potential breakout.

At the same time, the MACD is showing signs of a bullish crossover, with its histogram narrowing and the MACD line approaching the signal line. If this crossover is confirmed, it could mark the end of the recent downtrend and the start of a fresh uptrend. The Parabolic SAR remains beneath the current price action, backing the case for further gains.

Bollinger Bands are tightening—a classic setup before major price moves. A strong close above the upper band would signal a breakout fueled by volatility.

Whales Accumulate as Exchange Supply Hits Three-Month Low

On-chain metrics support the bullish narrative. Wallets holding between 10 million and 100 million XRP have steadily increased their balances, pointing to growing institutional interest. Meanwhile, the amount of XRP sitting on exchanges is shrinking—a sign that long-term holders are moving coins into cold storage.

According to Santiment, XRP’s exchange supply is now at a three-month low, easing immediate sell pressure. This kind of supply squeeze often comes before major price surges.

Market sentiment is also supported by ongoing developments in Ripple’s case with the SEC. While a final ruling is still pending, optimism is building for a favorable outcome that could boost investor confidence across the board.

Analyst Prediction And  Key Levels to Watch

Top market analyst Tim Warren remains bullish on XRP, projecting that the token could still deliver up to 5x gains before the current bull run ends. Despite recent consolidation and a possible short-term pullback to around $2.20, Warren expects XRP to break key resistance levels and potentially reach $11 to $12.

According to his chart on XRP, the token is about to break out of a bull flag.

He also views Ripple’s potential acquisition of Circle as a positive catalyst for XRP’s long-term growth, dismissing fears of large token sell-offs and emphasizing Ripple’s interest in maintaining XRP’s value.

XRP appears ready for a breakout. The combination of bullish technicals, heavy whale accumulation, and reduced sell pressure sets the stage for a move above $2.80. If resistance at $2.50 is cleared on strong volume, the next leg up could begin.

Traders should keep an eye on $2.30 as key support and $2.50 as the trigger for a breakout. A decisive move in either direction will likely define XRP’s short- to mid-term trend.

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