XRP is moving inside a clear sideways channel between $1.90 support and $3.38 resistance. The structure signals accumulation, and such ranges often lead to explosive breakouts once the upper level is breached.
🔸 Support at 1.90:
This support has consistently held since early 2025. It's a strong accumulation zone and ideal area for smart money entries.
🔸 Upside Target: $5.0
If price breaks and closes above $3.38 on the weekly timeframe, XRP could rally toward $4.20 and then $5.00+, supported by fresh ETF and regulatory news.
🔸 Risk Level at 1.8257:
Break and close below this zone would invalidate the bullish bias and could open the door to further downside.
🔸 Outlook:
It’s better to accumulate near the bottom of the range (around $1.90) rather than chasing highs. Look for strong bullish candles or volume spikes near the support. Wait for a confirmed breakout and retest above $3.38 for trend continuation setups.
🔥 Fundamentals Heating Up:
• 🇨🇦 First Spot XRP ETF approved
• US Crypto regulation in final stages
• Regulated stablecoin issuers backing XRP
• Arthur Hayes re-enters the XRP talk after 13 years 👀
#btc #eth
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