XRP has recently reclaimed a key historical level, flipping its former 2021 resistance near $1.96 into support.
This shift aligns with several technical indicators and suggests that the cryptocurrency may be poised for a measured upward move, though short-term risks remain.
By analyzing chart patterns, on-chain metrics, and market data firsthand, this article examines what the current price action may indicate for traders and investors.
XRP Reclaims a Key Historical Level
XRP’s price recently surpassed the $1.96 mark, a level that acted as strong resistance in 2021, and has held above it in recent sessions. This “resistance flip” is noteworthy because such reversals often signal structural strength when combined with supporting volume and technical momentum.
This represents one of the strongest bullish XRP charts observed to date. Source: STEPH IS CRYPTO via X
Using daily charts and trading volume data from TradingView, I observed that XRP’s consolidation above $2.02–$2.06 coincides with an order block formed during the 2021 resistance breakout. This adds statistical weight to the support, suggesting the market may be more resilient at these levels than in prior cycles.
Current Market Conditions
As of November 20, 2025, XRP trades near $2.13, consolidating after a brief pullback from local highs. Technical indicators reveal a mixed picture:
Ichimoku Cloud: Price remains above the cloud, indicating that the broader trend retains a bullish bias, though short-term weakness is evident as the asset trades below Tenkan-Sen and Kijun-Sen.
RSI: At ~58, XRP is neither overbought nor oversold, suggesting a potential momentum reset rather than a reversal.
Fibonacci retracement: The 0.382 level at $2.28 has historically acted as a moderate resistance during early breakout phases, based on analysis of three prior XRP cycles.
These metrics suggest that while a breakout is possible, traders should monitor key levels closely and avoid assuming certainty.
Support and Resistance Levels
Primary support: $2.02–$2.06 (daily support region and prior order block)
Deeper weekly support: ~$1.90 (historical liquidity cluster)
Immediate resistance: $2.17–$2.18 (0.236 Fibonacci + Kijun-Sen)
Major resistance: $2.36 (0.5 Fibonacci + Tenkan-Sen)
XRP is consolidating near $2.13 as it tests key support and resistance levels, with a breakout above $2.18–$2.36 opening the path toward $3, while a failure to hold $2.02 risks a decline toward $1.90. Source: hilmiyus on TradingView
Breaking above $2.36 would strengthen the case for a potential move toward $3.00, though history shows that XRP has occasionally struggled to maintain momentum past intermediate resistance levels, highlighting the importance of careful risk management.
Methodology and Interpretation
This analysis incorporates a combination of technical charting, historical price behavior, and market structure evaluation.
Indicators such as Ichimoku and Fibonacci levels are interpreted in context: they provide probabilistic guidance rather than guaranteed outcomes. For instance, while the 0.382 Fibonacci level often coincides with breakout points, it should be weighed alongside volume, support zones, and broader market trends.
Balanced Price Scenarios
Bullish continuation:
A daily close above $2.18, followed by a break of $2.36, could signal the next upside phase toward $2.50–$2.75.
Further extension toward $3.00 becomes plausible if momentum holds and market conditions remain favorable.
Bearish scenario:
Failure to hold $2.02 may expose XRP to a decline toward $1.90, testing longer-term support and potentially undermining near-term bullish expectations.
Historical analogs show that similar resistance flips in XRP have occasionally failed, emphasizing that risk management is essential.
Final Thoughts
XRP’s flip of its former 2021 resistance into support represents a noteworthy technical development, supported by both on-chain and market indicators. However, declining network activity, intermediate resistance levels, and macro crypto trends introduce material risks.
XRP was trading at around 2.13 in the last 24 hours at press time. Source: XRP price via Brave New Coin
For traders and investors, a measured approach is recommended: monitor key support/resistance thresholds, interpret technical signals within a broader market context, and consider both institutional flows and retail participation when assessing the probability of a breakout toward $3 or beyond.