$XRP
The 1-week XRP chart displays market correcting within a broader bullish structure, with price stabilizing above critical $2.00 support.
XRP trades around $2.10-$2.15, holding above both the psychological $2.00 level and rising base, suggesting buyers defend higher lows despite prolonged pullback.
The descending trendline from the previous cycle high remains dominant resistance, capping price action.
The $3.05 region stands out as the most important upside level, marking a prior breakout zone and a major liquidity area.
Previous rallies of roughly 70% and 38% both stalled here, reinforcing it as a key supply zone.
Price is compressing within a tightening range, which often precedes directional movement.
RSI holds in mid-40s, indicating neutral momentum but no panic selling.
Historically, XRP builds bases in this RSI region before resuming upside when price holds major support.
The 9-week SMA is flattening near the current price, suggesting selling pressure is fading, and the market is transitioning from distribution into accumulation.
If XRP holds above $2.00 and reclaims the descending trendline with a strong weekly close, the probability increases for a push toward $2.70-$3.05 resistance.
A clean break above $3.05 would confirm trend shift and open pathways for larger expansion.