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🟢 The $2.20 level remains the most important level for XRP's price movement in the short term. If XRP surpasses the $2.20 level, it is likely to attempt to rise to $2.40 and $2.50 in the following weeks. However, this remains conditional on successfully breaking through some key resistance levels. We encourage traders to watch for the next move of the currency in these areas. If the resistance fails, a decline will be more probable. The price movement and recent resistance of XRP.
Ripple (XRP) has risen over the past few weeks, surpassing the $2.20 range, the level expected for the end of this week. Then, in the first rejection attempt, the rejection manifested itself in hesitant market conditions and resistance at key levels after 25%. Until arrivalXRP is trading above $2.00 after breaking through the clean wedge, recovering $1.96 with momentum building towards $2.60.XRP broke the wedge resistance and regained $1.96, with liquidity falling below $1.85.
The Relative Strength Index and price pressure indicate that they are approaching the final phase above the highest levels of 2021.
A round bottom forms near $1.85 with an expected target between $2.40 and $2.60.
The Ripple currency (XRP) has regained a key support level after a clear breakout from its descending structure that lasted for several months. The asset is now trading above the $2.00 level, showing renewed bullish momentum on the daily chart.

The wedge structure has broken as the market regains control.
XRP price traded within a descending wedge pattern from mid-December 2024 to early April 2025. This long-term pattern consisted of a series of peaks and troughs, creating continuous pressure within the descending trend lines. This pattern peaked near the April lows, where the price tested a long-standing demand zone.

After a long period of declining highs and lows, the situation reached a turning point in early April. According to technical analyst Osimka, liquidity fell below its lowest level in March before rising again above $1.85. The price regained its range that it had been in since January 2025. Osimka provided a detailed analysis of the key supply and demand dynamics visible on the daily chart. He pointed out a strong recovery above the highest level recorded in 2021 at $1.9660, considering this a breakout threshold. His observations indicated a convergence of price action and the relative strength index, which recorded a higher low while testing trend resistance.

The analyst also noted that price movements formed a triangular top near the previous trend line. This consolidation zone, indicated in yellow, is in line with historical rejection and narrowing of volatility ranges. His interpretation of the time range has tracked the RSI (RSI) below a downtrend line since late 2024, confirming the momentum pressure.