For now, the situation remains uncertain. XRP must hold firmly above the $2.38 support level and maintain strength along the RSI trendline. However, a failure to do so could expose XRP to deeper downside risks in the short term.
A failure to break above this zone could lead to temporary consolidation as the market gathers momentum for its next move. On the downside, the $1.96 level remains a critical support area, as losing it could reintroduce downside pressure.
From an upside perspective, a decisive and sustained breakout above $2.65 could open the door for further gains toward $3.06. According to MakroVision Research, only a move beyond this level would confirm renewed bullish strength and restore clear upward momentum across the broader trend.