XRP is pressing against the round-number ceiling as buyers try to flip $3 from a magnet into a launchpad. After weeks of grind and lingering bearish divergence, price is stabilizing above a battle-tested demand band, and a fresh daily push (+3.83%) has traders eyeing a clean break toward the next liquidity pocket. The catch: momentum likely hinges on what Bitcoin does around $118,000.
What’s Really Happening With XRP Right Now
XRP is trading near $2.97, with buyers repeatedly defending the $2.70–$2.80 support shelf that absorbed selling since July. Immediate resistance sits at $2.93–$2.94, the psychological barrier at $3.00, then a stronger supply zone at $3.10–$3.15. A sustained H1/H4 close above $3.15 would open the path to $3.30–$3.35, where overhead liquidity and prior reaction highs reside.
Why It Matters To Traders
Round numbers concentrate liquidity and trigger algos; breakouts can be fast, but fakeouts are common. Meanwhile, Bitcoin’s direction is a market-wide risk factor. A firm establishment above $118,000 could lift sentiment and correlation beta, but a sharp BTC-led rotation can also drain capital from altcoins—turning XRP strength into a relative underperformer.
Key Levels To Watch
- Support: $2.70–$2.80 (structure defense; losing it invites deeper pullbacks)
- Intraday pivot: $2.93–$2.94 (initial gate for momentum)
- Psych level: $3.00 (wick-prone; watch for sweep-and-reclaim)
- Confirmation: H1/H4 close above $3.15 (signals control to buyers)
- Targets: $3.30–$3.35 (first liquidity pocket above)
- Invalidation: Clean break and acceptance below $2.70
Actionable Trade Setups (Educational)
- Breakout-retest: Wait for an H1/H4 close above $3.00, then look for a shallow retest that holds as support. If momentum persists, partials near $3.10–$3.15.
- Momentum continuation: Require an H1/H4 close above $3.15. Use the breakout candle low or ATR-based stop for risk control; manage into $3.30–$3.35.
- Fade rejection: If price spikes into $3.10–$3.15 and prints exhaustion (e.g., long upper wicks, bearish engulfing on H1), consider a tactical short with tight risk, aiming back to $3.00.
Always size positions modestly, avoid chasing into resistance, and respect timeframes—confirmations on H1/H4 carry more weight than minute charts.
Risk Factors You Can’t Ignore
- BTC volatility: Sudden moves around $118,000 can invalidate setups. - Bearish divergence on higher timeframes can cap rallies until momentum resets. - Liquidity traps at round numbers ($3.00) often sweep stops before trend continuation. - News flow: Regulatory headlines and ETF narratives can quickly reprice risk.
The Bottom Line
For now, $2.70–$2.80 is the line in the sand, $3.00 is the gate, and $3.15 is the key that may unlock $3.30–$3.35. One clear, actionable takeaway: prioritize confirmed closes above $3.15 or a clean sweep-and-reclaim of $2.80–$3.00 before leaning into continuation. Set alerts, track BTC’s posture at $118,000, and let the market prove control before you commit.
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