The XRP price today is $2.19, with $2.02 billion in trading volume over the past 24 hours. XRP slipped 1% on the day but continues to hold its position as the world’s fourth-largest cryptocurrency, backed by a market cap of nearly $132 billion.

With 60.3 billion tokens circulating, investors are now debating whether XRP has the momentum to climb toward the much-discussed $5.50 target by late 2026.

Market Structure Shows Signs of Stabilization

XRP’s recent price behavior reflects a market trying to stabilize after months of pressure. The daily chart shows XRP repeatedly defending the $2.1458 zone, a level where long wick candles indicate steady buyer commitment.

For a market that’s been trapped under a descending trendline since early October, this defense matters. It signals that sellers are losing their grip.

The 20-day EMA flattening near $2.2026 adds another layer of support. It’s the first time in weeks that this trend filter isn’t pointing sharply downward, hinting that XRP may be preparing for a structural shift. Momentum remains soft, but the groundwork for a reversal is slowly forming.

XRP/USD Triangle Compression Sets Up a December Breakout

XRP price prediction is neutral as XRP is now coiling inside a tightening triangle pattern, a structure that typically precedes a notable breakout. Several Doji-style candles over the last week show hesitation, not weakness. Traders are waiting for a catalyst.