XRP is entering one of its most crucial weeks in months as a series of bullish catalysts align to set the stage for what could be a breakout move. The token has held firmly above the $2.20 support zone despite the recent market crash, and both technical and fundamental factors now point toward a possible surge in price.
The analyst emphasized that XRP’s ability to defend its key support levels will be critical in shaping its near-term trajectory. He warned that if the token revisits the $2.20 range, it may struggle to hold that level again, potentially slipping to between $1.90 and $2.00.
Despite this caution, he maintained his conviction that the recent lows are already in and that XRP is gradually preparing for a range breakout to the upside. “Things are coming together for the rally we’ve been looking for,” he added, while noting that chopping around this zone is healthy before a break of the range higher.
At the time of writing, XRP trades at $2.41, a 2% dip in the past 24 hours. Maintaining the $2.20 support remains the key technical objective for bulls, as holding that level could pave the way for another attempt at the $2.72 resistance zone in the next few days.
