XRP faces ‘now or never’ moment as traders eye rally to $2.50
XRP is at a critical juncture, needing a close above $2.30 to confirm a bullish structure shift toward a potential $2.50 rally.Summary
XRP recently defended its $2 psychological support level, but the $2.28–$2.30 resistance band is now the key pivot for continuation. A daily close above $2.30 would confirm a break of the multi-month downtrend structure, potentially leading to a move toward $2.58, as XRP historically makes aggressive moves between liquidity pockets. Current market sentiment is mixed; funding rates are negative, suggesting short dominance, which could precede a liquidity raid and a rapid reversal if the $2.00–$1.90 zone is retested. However, analysts note signs of trend fatigue and suggest that reclaiming the $2.22 monthly rVWAP signals bullish rotation toward $2.50, emphasizing that if this setup fails, acceptance below $2.00 could follow.
(Source：Cointelegraph)