XRP investors are watching the charts with renewed optimism as the price action consolidates around an important support range. The market is gearing up for a decisive move, and the current structure offers one of the clearest setups seen in weeks.
Conditions are forming for a strong impulse, but confirmation is still needed. Investors are now focusing on two crucial levels that could trigger a significant rally.
Tara, a respected analyst of XRP, shared the detailed roadmap that guided this analysis. Her chart highlights a clear upward structure with specific resistance and support zones. The setup mirrors a classic Wave formation, with XRP accumulating pressure for Wave 3. Her perspective garnered attention because the levels align with current market behavior and liquidity patterns.
Current Market Structure
XRP is trading near $2.09 and is comfortably above a defined support zone. The price action shows a consolidation that often precedes larger movements. Tara's chart reveals a well-defined range that has contained the price for several days. The RSI levels also show moderate strength, reinforcing the idea of a possible breakout.
Key resistance levels to be overcome
Tara identifies two local resistances at $2.18 and $2.30. These levels control short-term momentum and act as barriers for higher targets. A strong push through both levels would confirm the start of Wave 3. Market history shows that XRP often accelerates sharply as soon as it surpasses clustered resistance zones.
Wave 3 Target and Price Forecast
The projection for Wave 3 is $2.73. Tara derived this target using Fibonacci measures and the structure of Elliott Waves. She notes that the levels of Waves 4 and 5 will be updated once Wave 3 is completed.
This flexibility is crucial because subsequent waves depend on the height of Wave 3. Traders should closely monitor the price reaction as soon as the breakout occurs.
Support Zone and Considerations on Drop Possibilities
Current support is at $2.07. Tara believes that a new test of this level is still possible. She expects XRP to hold above this point and gain strength before attempting a breakout. A sustained drop below $2.07 would weaken the bullish structure and delay the wave count.
Broader context and market factors
XRP continues to benefit from greater regulatory clarity in 2025. Liquidity has also stabilized on major exchanges. These conditions favor technical setups and reduce external risk. Traders now rely more on chart signals than on regulatory news.
Tara's analysis provides a clear structure for traders tracking XRP's next movement. The chart highlights support at $2.07 and resistance at $2.18 and $2.30. A breakout of these barriers paves the way for $2.73.
The market structure corroborates this view, and technical indicators are aligned with the overall sentiment. Investors are now closely monitoring to see if XRP can generate the necessary momentum to confirm the next high.
Remember folks, that what is said here represents a recommendation for buying, neither for selling nor for holding assets.
Thank you all!
