XRP Holds Critical $2.40 Support as Analysts Map Path to $26: Technical Breakdown
XRP is at a key point in its trading, with many technical analysts saying that the current price movement is either a continuation of its
Quick overview
- XRP is currently at a critical trading juncture, with analysts divided on whether it will continue its bullish trend or face a downturn.
- The Wyckoff accumulation pattern suggests a potential bullish breakout similar to the 2017 surge, provided XRP maintains key support levels.
- Analysts emphasize the importance of the $2.00 to $1.91 range for sustaining an optimistic market structure, while $2.65 is seen as a crucial resistance level.
- Egrag Crypto predicts a 57% chance of XRP reaching new all-time highs in the coming months, contingent on maintaining support above $1.60.
XRP XRP/USD is at a key point in its trading, with many technical analysts saying that the current price movement is either a continuation of its bullish cycle or a possible warning sign of a deeper downturn. As the cryptocurrency stays above $2.40, market watchers are looking at past patterns and keeping a careful eye on important support and resistance levels that could affect XRP’s path through the end of 2025.
Wyckoff Accumulation Pattern Mirrors 2017 Pre-Breakout Setup
Technical analyst EᴛʜᴇʀNᴀꜱʏᴏɴᴀL has found that XRP is currently in a major Wyckoff accumulation zone, which is quite similar to how the asset acted before its huge rise in 2017. During this accumulation phase, “smart money” usually builds up positions quietly while retail traders are still unsure. This commonly happens before strong bullish breakouts.
The Wyckoff technique says that when support levels are tested again and over again and selling volume goes down, pressure builds up below crucial areas. If history repeats itself, XRP could be about to make another parabolic move like the one it made in 2017, which sent the asset into distribution territory at cycle highs.
CoinsKid, an analyst, backs up this view by saying that the expected breakout in the fourth quarter is still possible even though things have been volatile lately. He does say, though, that Bitcoin Dominance (BTC.D) has to stay below its 5-day resistance level on the CoinskidRibbon indicator, and XRP needs to stay above its own 5-day support level. CoinsKid calls the loss of the $1.90 low last Friday a “structural anomaly,” which added short-term uncertainty to an otherwise positive setup.
The $2.00 Red Line: 3-Day Candle Closes Will Determine XRP’s Fate
Egrag Crypto, a well-known analyst, has given XRP a serious warning about its 3-day candle behavior. He says that $2.00 to $1.91 is the line in the sand for keeping the market structure optimistic. Based on his measured move analysis of a descending triangle formation, XRP might drop below $2.14 if the present consolidation turns bearish.
The analyst says that $2.65 is still the most important level for a breakout. If the price stays above this level, it could start to rise again and confirm the continuation pattern. If 3-day candles start closing below $2.00, though, it would be an indication of a structural breakdown that might invalidate the bullish thesis and suggest that the March 2025 peak near $3.65 may have been the cycle’s top.
The Egrag Crypto chart reveals that XRP is above the 200 Exponential Moving Average (EMA), which is an important long-term support level. As long as the price stays above this level, the bullish framework will stay in place. The following 60 to 90 days are considered to be very important for figuring out what will happen for the remainder of the year.
Fibonacci Framework Points to $26 Target if Monthly Support Holds
Technician on their own Making charts Guy says that XRP’s monthly structure is “NOT bearish in the slightest,” even though it has been weak lately. His Fibonacci analysis finds a key support group between $1.60 and $1.80, which is the same level as the 0.786 retracement level at $1.6125. This area caught last week’s wick to $1.58 and has been a good place for rebounds in the past.
The latest monthly candle shows XRP at $2.4477, down 14% from the beginning of the month when it was $2.8467. The 1.000 Fibonacci retracement at $3.3170 is the highest price ever and has stopped price action many times in 2025. But as this resistance falls with conviction, Charting Guy’s extension framework shows a bold path: $8.30 (1.272 extension), $13.39 (1.414 extension), and finally $26.63 (1.618 extension).
This measured-move strategy says that XRP’s bull cycle roadmap is still valid as long as monthly closes continue to protect the $1.60–$1.80 support band and finally turn the $3.31 all-time high into support.
XRP Price Prediction: 57% Probability of New All-Time High
Egrag Crypto has given XRP’s near-term scenarios probability weights: there’s a 57% likelihood that it will break to new all-time highs in the next few months, and a 43% chance that it would drop significantly into accumulation levels below $1. The expert personally leans toward the bullish outcome, but he or she knows that both outcomes are still possible because of uncertainties in the economy and the volatility of the crypto market.
Key levels to watch:
- Immediate support: $2.00–$1.91 (critical for bullish structure)
- Major support: $1.60–$1.80 (0.786 Fibonacci, 2021 breakout zone)
- Resistance: $2.65 (near-term breakout level)
- All-time high: $3.31 (gateway to extension targets)
- Bullish targets: $8.30, $13.39, $26.63
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