XRP has returned to the spotlight after breaking above a months-long descending channel, placing the asset at a decisive technical juncture where market structure improvement meets cautious short-term sentiment.
The move has shifted attention toward the $2.00 level, now acting as a structural pivot rather than just a psychological threshold. While recent price action suggests buyers are attempting to establish a higher base, analysts note that confirmation depends on sustained acceptance above this zone rather than a brief intraday hold.
Descending Channel Breakout Shifts the XRP Chart Structure
From a technical perspective, the XRP chart shows a meaningful structural change. On the daily timeframe, XRP closed decisively above the upper boundary of a descending channel that had constrained price action since August 2025. Importantly, the breakout occurred with a full-bodied candle rather than a wick-only move, suggesting genuine buyer follow-through rather than a false breakout.
XRP breaks the descending channel; holding $2.00 support could signal a fresh bullish trend. Source: @Karman_1s via X
Market analyst Kamran Asghar highlighted the development on X, stating, “$XRP finally broke out of that descending channel. Watch for the retest of $2.00; if it holds, we’re looking at a whole new ballgame.”
Historically, similar XRP price chart breakouts have required a successful retest of former resistance before trend continuation is confirmed. In this case, the $2.00 area has transitioned from resistance into a potential support zone. If XRP can continue to close above this level on the daily chart, the breakout structure remains valid. A sustained daily close below $2.00, however, would invalidate the setup and shift the market back toward range continuation rather than trend reversal.
Mixed Signals From Candlestick Patterns
Despite the improved structure, momentum signals remain mixed. Analyst Ali Martinez, known as Ali Charts, recently pointed to a gravestone doji forming on the weekly XRP chart: “$XRP appears to be printing a gravestone doji. Not a great look.”
XRP forms a gravestone doji, signaling potential short-term selling pressure. Source: @alicharts via X
This candlestick pattern typically reflects strong selling pressure near highs, as buyers fail to maintain control after pushing prices higher. In XRP’s case, rejection occurred near the $2.30–$2.40 region before the weekly close settled closer to $2.09.
While a gravestone doji does not confirm a reversal on its own, it often signals hesitation or exhaustion, particularly after sharp advances. From a structural standpoint, maintaining daily and weekly closes above $2.00 would help preserve a constructive XRP price outlook. A breakdown below that level could reopen downside risk toward the $1.88 region, which previously acted as short-term demand during the recent pullback.
Short-Term XRP Support and Resistance Levels
Lower-timeframe analysis reinforces the importance of nearby levels. According to TradingView contributor officialjackofalltrades, XRP is currently trading at a “make-or-break” zone, consolidating within a narrowing range following the breakout attempt.
XRP trades at a critical $2.10–$2.18 support zone; a successful breakout could push it toward $2.32–$2.50 amid rising institutional momentum. Source: Officialjackofalltrades on TradingView
Key technical levels in focus include:
Resistance:
- $2.18, aligning with short-term channel resistance
- $2.32, corresponding to a prior supply zone
Support:
- $2.10 as immediate intraday support
- $2.00 as structural support
- $1.90 as lower-range support
The analyst notes that a confirmed break and hold above $2.18 could reassert bullish momentum and open a path toward the $2.50 region. This level aligns with a previous area of heavy supply rather than a purely speculative target. Conversely, a sustained loss of $2.10 would weaken the breakout narrative and increase the likelihood of a deeper retracement toward $1.90.
Final Thoughts
From a neutral analytical standpoint, the current XRP price prediction depends less on upside targets and more on structural validation. The recent channel breakout marks a meaningful technical development, but its durability hinges on XRP’s ability to remain above the $2.00 level on higher timeframes.
XRP was trading at around 2.10, up 0.16% in the last 24 hours at press time. Source: XRP price via Brave New Coin
For market participants, the near-term roadmap is relatively clear: holding above $2.00 supports a constructive bias, while reclaiming $2.18 would strengthen momentum. Failure to maintain these levels would suggest that sellers remain in control, despite recent gains. As traders continue to monitor the XRP live price and evolving chart structure, $2.00 stands out as the most reliable indicator of whether this breakout evolves into a sustained trend or fades into consolidation.