XRP Price Must Close Above $2.85 and $2.90 to Trigger Rally
XRP price is stuck in a tight consolidation just below key resistance levels. It trades between $2.80 and $2.88, showing resilience but lacking bullish momentum. Analyst EGRAG CRYPTO highlights that a daily close above $2.85 is needed to improve bullish sentiment. A further close above $2.90 would strengthen the case for a larger breakout. The analyst points to the $3.077–$3.13 zone as a critical range. A break above this band on high trading volume could confirm an upward rally. However, repeated failures to clear $2.85 have created uncertainty, keeping XRP price below the $3 mark. Traders should watch for volume shifts and market sentiment. Sustained moves above these thresholds could pave the way for renewed buying interest. Until then, XRP price may remain in consolidation.
Neutral
This analysis highlights key resistance levels and consolidation rather than an imminent price surge or drop. While a close above $2.85 and $2.90 could trigger bullish momentum, repeated failures to clear these thresholds maintain uncertainty. Historically, XRP has shown strong rallies only after decisive breaks above major resistances on high trading volume. Until the specified ranges are convincingly breached, market participants may remain cautious, resulting in a neutral outlook. Short-term trading will likely focus on intraday swings, while a sustained breakout could shift sentiment bullish in the long term.