• XRP is trading above the support of above $2.32 which is the strong resistance in 2021.
  • The asset is downplayed between $2.32 and $2.39 with decreased volatility and market apprehension.
  • The resistance zone of 2021 has shifted to support, and is a key foundation to the present day market stability.

At the time of writing, XRP lost 0.2 percent over the last 24 hours, currently at $2.37. The weekly chart indicates that the asset is approaching the support zone of the previous price of $2.32.This level that was a significant opposition in 2021 seems to be used now as a structural base in the year 2025. The area that is highlighted between $2.32 and $2.39 is the one that is vulnerable when keeping the prices stable within the next few months.

In 2021, XRP stagnated at the same area before hitting a long period of consolidation. Nevertheless, recent statistics have shown price action has reversed this region to become a possible support region. The participants in the market are also keeping a close eye on the performance of the XRP in this range since a consistent trend above the range of $2.39 may reiterate the power of the markets in the short term.

Current Range and Market Activity

The 24-hour trading of XRP stood at $2.32 to $2.39, and the trade had low volatility throughout the day. The currency has been quite stable compared to Bitcoin at 0.00002205 BTC, +0.5. It is remarkable that the tight trading range indicates dampened moods and traders are in need of an apparent guideline after weeks of rebound since the highs were reached.

The weekly chart also indicates that buyers are repelling this resistance area three times as there is a steady list of higher lows since the first quarter of 2024. However, traders are looking forward to seeing if XRP can sustain itself above the $2.32 level as it is the area of earlier 2021 cycle resistance.

Market Outlook and Structural Observations

The current setup highlights XRP’s consolidation phase between its support at $2.32 and resistance near $2.39. Such compression often precedes larger price movements as liquidity builds within the range. Moreover, maintaining stability above the green support zone on the chart could be essential for future price structure development.

The 2021–2025 price pattern underlines how former resistance has transitioned into support over time. This technical behavior often provides a reference point for traders analyzing historical reactions. As trading volume stays moderate, attention now centers on whether XRP can hold its base or encounter renewed pressure near the range’s upper limit.

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Francis E Posted by —

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Francis E is a crypto enthusiast who trades crypto night and day. He loves to share his trading stories and experiences in all his published articles. José likes to hang out and travel to meet new friends. Enjoys sushi, vodka, and tequila.