XRP price poised for bullish reversal at $2.64 toward $3.65
XRP price is consolidating near a key support zone at $2.64, where a buildup of liquidity suggests a strong bullish reaction if tested. If XRP price holds above this level on a daily close, the converging 0.618 Fibonacci retracement and moving average reinforce the support. A decisive break above the dynamic resistance trendline could trigger a rally toward the all-time high of $3.65. While daily candle bodies remain above $2.64, the uptrend of higher highs and higher lows stays intact. However, sustainable gains will require a renewed uptick in trading volume to confirm a genuine breakout and fuel further upside. Traders should monitor the support test and volume levels closely as they plan potential long positions.
Bullish
XRP’s price action around the $2.64 support zone combined with Fibonacci and moving average confluence suggests a high probability of a bullish reversal. Historically, similar setups in April and June saw price rebounds from overlapping technical levels, leading to 15-20% rallies within weeks. If buyers defend this area and trading volume picks up, a breakout above dynamic resistance could propel XRP toward its all-time high of $3.65, reinforcing bullish sentiment. In the short term, traders may target the $3.20-$3.30 zone as an initial profit-taking area, while a sustained rally could pave the way for longer-term gains. Volume confirmation remains critical: a surge above average daily volume would validate the breakout and discourage opportunistic selling. Overall, the convergence of support, liquidity buildup, and technical triggers aligns with bullish market behavior, suggesting upside potential rather than a shift to bearish conditions.