$XRP Traders are watching the charts with new optimism as the price action tightens around a key support range. The market is preparing for a decisive move, and the current structure offers one of the cleanest setups seen in weeks.
Conditions are forming for a strong push, but confirmation is still required. Traders are now focusing on two crucial levels that could unlock a significant bullish run.
Tara, a respected analyst on X, shared the detailed roadmap that guides this analysis. Her chart highlights a clear bullish structure with specific zones of resistance and support. The setup reflects a classic Wave formation, with XRP accumulating pressure for Wave 3. Her perspective has gained attention because the levels align with the 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 consolidation that often precedes larger moves. Tara's chart reveals a well-defined range that has contained the price for several days. RSI levels also show moderate strength, supporting the idea of a potential breakout.
👉Key resistance levels to break
Tara identifies two local resistances at $2.18 and $2.30. These levels control short-term momentum and act as barriers to higher targets. A strong push through both levels would confirm the start of Wave 3. Market history shows that XRP often accelerates dramatically once it clears clustered resistance zones.
👉Wave 3 target and price outlook
The projected target for Wave 3 is at $2.73. Tara derived this target using Fibonacci measures and the Elliott Wave structure. She notes that the levels for Wave 4 and Wave 5 will be updated once Wave 3 is printed.
This flexibility is crucial because subsequent waves depend on the height of Wave 3. Traders should closely monitor the price reaction once the breakout occurs.
👉Support zone and downside considerations
Current support is at $2.07. Tara believes that a new test of this level is still possible. She expects XRP to hold above that point and build strength before attempting a breakout. A sustained break 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 support technical setups and reduce external risk. Traders now rely more on chart signals than on regulatory headlines.
Tara's analysis provides a clear framework for traders following XRP's next move. The chart highlights support at $2.07 and resistance at $2.18 and $2.30. A breakout through those barriers opens the way to $2.73.
The market structure supports this point of view, and the technical aspects align with the overall sentiment. Traders are now closely watching to see if XRP can deliver the necessary momentum wave to confirm the next upward movement.
