Ripple (XRP) price has been struggling for some weeks. The price, however, has been stabilizing at around $2. What is the outlook like, and where is the price headed next?
Price action around XRP has reached one of those quiet moments that usually matter more than they appear. Volatility has cooled, large swings have paused, and the chart is starting to compress. That kind of behavior often signals that the market is deciding its next direction rather than losing interest.
A breakdown shared by EGRAG CRYPTO takes a closer look at what this phase really means and why the next move may already be forming beneath the surface.
XRP Chart Shows A Controlled Pullback Rather Than A Breakdown
The 3-day chart highlighted by EGRAG CRYPTO shows XRP trading inside a descending channel. That structure looks bearish at first glance, yet context matters. Price remains above the 200 EMA, a level many analysts treat as a long-term trend filter rather than a short-term trigger.
This pullback fits within a broader bullish structure that started earlier in the year. Previous corrections followed a similar rhythm where momentum cooled before pushing higher. The difference this time is how tight price action has become around the $2 zone, suggesting pressure is building rather than fading.
EGRAG CRYPTO describes this phase as compression, not capitulation. That distinction matters because selling pressure has not broken critical support.
Support near the 200 EMA around the $1.90 to $2.00 range continues to hold. Candles repeatedly test this area and bounce, reinforcing its role as a macro support zone. As long as price stays above it, the broader structure remains intact.
A daily or 3-day close below the 200 EMA would change the narrative. That scenario has not occurred, which keeps the bullish framework alive. EGRAG CRYPTO assigns roughly a 60 to 65 percent probability to a bullish resolution as long as this level holds.
Markets often pause at these points to shake out weak positioning before continuing the larger trend.
What A $2.30 Reclaim Could Signal Next for XRP
One level stands out clearly on the chart. A reclaim of $2.30 would mark a break above the descending channel and confirm that momentum has shifted. That move would open the door for a measured push toward the $3.10 to $3.30 range highlighted in the analysis.
Measured moves work by projecting the height of the prior range upward once resistance breaks. This projection aligns closely with historical reaction zones on the XRP chart, adding weight to the scenario.
Read Also: XRP Price Expected to Dip Lower This Week and One Global Event Explains Why
Failure to reclaim $2.30 would likely keep the price rotating sideways while pressure continues to build. EGRAG CRYPTO emphasizes that risk still exists. A confirmed close below the 200 EMA would shift probabilities toward a deeper correction. That outcome currently carries a lower likelihood based on present structure.
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