XRP Holds 13-Month Support Zone Near $2.00 as Resistance Tests Loom

⬤ XRP has rebounded from what analysts call a “Vertical Accumulation Support” zone—a defensive barrier that’s held firm for roughly 13 months. Price action is showing a positive reaction from this support region, with traders eyeing two possible paths forward. Currently trading close to the $2.00 mark, XRP has climbed off recent lows but remains stuck below a cluster of resistance levels overhead.

⬤ The long-term structure breaks down into distinct stages. An earlier accumulation range eventually triggered a powerful mark-up phase, and now a similar pattern is playing out. XRP is trading inside a large rectangular consolidation zone bounded by vertical accumulation support below and resistance above. Right now, “Scenario 1”—where support holds—has the upper hand, but multiple resistance layers stand in the way before any trend continuation can be confirmed.

⬤ The chart emphasizes the importance of that lower boundary around the accumulation support line, which has been tested and successfully defended. Above current prices sits the vertical accumulation resistance zone, a technical ceiling that’s capped several rally attempts. If resistance eventually breaks, a large upside projection labeled “Mark-Up” shows the potential scale of a sustained move—though price remains locked in consolidation for now.

⬤ This matters because XRP is trading within a technically significant structure that market participants are watching closely for momentum clues. How the asset behaves around these long-standing support and resistance zones will likely shape expectations for near-term direction, risk appetite, and whether the current recovery attempt has staying power.