Analyst Matt Hughes claims that on the monthly XRP/BTC chart, price is trading near the 0.00003 BTC region, a level that has capped or stabilized XRP for most of the post-2018 cycle. This zone has acted as a long-term balance, not momentum.
Hughes noted that price is currently pushing above the monthly Ichimoku cloud, a level not breached since 2018. He added that only a confirmed close above the cloud would signal sustained XRP strength against Bitcoin, rather than a short-term rotation.
If XRP/BTC closes a month above the cloud, the structure flips from multi-year suppression to expansion. Until then, this remains a pressure test at macro resistance.
XRP/USD Holds Structure
On the XRP/USD 5-day chart, price is trading around $2.15-$2.20 after topping above $3 earlier in the cycle. The decline has followed a clean descending channel, not a breakdown.
Price is now attempting to reclaim the 21 EMA. This is the first short-term momentum trigger. The 50 EMA sits slightly above and lines up with the channel midline, making it the next obstacle. Also, the 100 EMA continues to slope upward below the price.
A close above the 21 EMA followed by a break and hold above $2.30 would invalidate the channel and mark the start of a new expansion leg. That opens upside toward the $3.10-$3.30 zone.
Wyckoff Structure Shows Accumulation
The daily XRP/USD chart indicates that the XRP price recently completed a Wyckoff accumulation sequence. The structure shows a clear selling climax, automatic rally, secondary test, and a long Phase B range.
Price then formed a descending creek, followed by a spring in late 2025. That spring marked a final liquidity sweep below support before demand stepped in. Since then, price has printed a test, higher lows, and a jump across the creek.
The current price action sits just below resistance near $2.50. A clean breakout would confirm a transition into Phase E, where prices further explode.
However, failure here does not break the structure but only delays a rally. Another major support level remains far lower, near the $1.60 region.
The Bigger Picture
Across all three charts, the message is the same: compression, not exhaustion. XRP is pressing major resistance against Bitcoin, holding structure against the dollar, and sitting at the edge of a completed accumulation range.
For recovery to last, two things must happen. XRP/BTC needs a monthly close above the Ichimoku cloud, and XRP/USD holding above $2.30.
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XRP Nears $2.50 as Charts Signal a Critical Make-or-Break Zone
Source: CoinEdition Original Title: XRP Nears $2.50 as Charts Signal a Critical Make-or-Break Zone Original Link:
Key Technical Levels
XRP/BTC Monthly Chart: Breaking Long-Term Resistance
Analyst Matt Hughes claims that on the monthly XRP/BTC chart, price is trading near the 0.00003 BTC region, a level that has capped or stabilized XRP for most of the post-2018 cycle. This zone has acted as a long-term balance, not momentum.
Hughes noted that price is currently pushing above the monthly Ichimoku cloud, a level not breached since 2018. He added that only a confirmed close above the cloud would signal sustained XRP strength against Bitcoin, rather than a short-term rotation.
If XRP/BTC closes a month above the cloud, the structure flips from multi-year suppression to expansion. Until then, this remains a pressure test at macro resistance.
XRP/USD Holds Structure
On the XRP/USD 5-day chart, price is trading around $2.15-$2.20 after topping above $3 earlier in the cycle. The decline has followed a clean descending channel, not a breakdown.
Price is now attempting to reclaim the 21 EMA. This is the first short-term momentum trigger. The 50 EMA sits slightly above and lines up with the channel midline, making it the next obstacle. Also, the 100 EMA continues to slope upward below the price.
A close above the 21 EMA followed by a break and hold above $2.30 would invalidate the channel and mark the start of a new expansion leg. That opens upside toward the $3.10-$3.30 zone.
Wyckoff Structure Shows Accumulation
The daily XRP/USD chart indicates that the XRP price recently completed a Wyckoff accumulation sequence. The structure shows a clear selling climax, automatic rally, secondary test, and a long Phase B range.
Price then formed a descending creek, followed by a spring in late 2025. That spring marked a final liquidity sweep below support before demand stepped in. Since then, price has printed a test, higher lows, and a jump across the creek.
The current price action sits just below resistance near $2.50. A clean breakout would confirm a transition into Phase E, where prices further explode.
However, failure here does not break the structure but only delays a rally. Another major support level remains far lower, near the $1.60 region.
The Bigger Picture
Across all three charts, the message is the same: compression, not exhaustion. XRP is pressing major resistance against Bitcoin, holding structure against the dollar, and sitting at the edge of a completed accumulation range.
For recovery to last, two things must happen. XRP/BTC needs a monthly close above the Ichimoku cloud, and XRP/USD holding above $2.30.