XRP Builds Support Near 2.00 as Bulls Watch the 3.65 Breakout Price Level
- XRP forms a clear base near 2.00 and the chart shows that a strong break above 3.65 can unlock new upside.
- The chart signals a possible push toward 2.7500 and later 3.1500 if price gains enough strength to hold above support.
- A rally toward 4.60 to 4.70 becomes likely if bulls gain control after the 3.65 breakout which forms the next key step.
XRP holds a wide support zone near 2.00 while traders watch a breakout level at 3.65 that can open a new rally toward 4.60 and 4.70. The chart shows a clean downward trend line that has guided price since the prior high and this line now approaches a pressure point near the same 3.65 level. The market remains in a narrow range which keeps the focus on the next decisive move.
Daily Structure Shapes the Main Outlook
The analyst notes that the daily candle closed bearish. The move followed the wider tone of the Bitcoin market. This created a softer close for the XRP chart. Yet the chart for XRPBTC still holds a key trend line. This trend line keeps the structure intact for now.
A move in XRPBTC can support a fast rise in XRP. This would require a weaker Bitcoin Dominance reading. The analyst explains that XRPBTC must shift first. That shift would then guide a push toward the next large level. The daily chart shows that a break above 2.7500 would open space toward 3.1500.
The next support sits beneath 2.0000. This level has been held several times on the daily chart. It keeps the structure stable. The analyst notes that this zone is vital for short-term signals. The focus now rests on the lower time frame chart. That is where the next scalp setup may appear.
Intraday Structure Holds Key Levels for Short-Term Traders
The intraday chart shows a volatile set of moves. Each move sits within a wide channel. The analyst points to 2.2550 as the first gate for a bullish attempt. A break above that gate leads to 2.4080. That area forms a strong resistance band.
The chart shows the entire intraday play clearly. A move above 2.4080 creates a bullish wave. A rejection at this level gives a short trade toward 2.0800. The analyst states that 2.0800 is the main intraday support. Traders must wait for the chart to present the next clear trade.
There is also a major signal on the higher frame. That signal is the 3.65 breakout. The analyst marks this area with a callout. The callout says that a break of 3.65 can lift the price toward 4.60 and 4.70. This matches the clean structure seen during the last large rally.
The Chart Shows One Major Question Moving Forward
XRP approaches key levels that shape the next strong move. Traders see the downward trend line touching the 3.65 zone. This makes the area a major pivot level. The prior rally began after a trend line break. The chart now shows a similar pattern again.
A single question drives the new outlook. Will XRP produce the same strong rally once the 3.65 level breaks and holds on the daily chart?
This question guides the current focus. The structure is clear. The levels are clean. The trend line is precise. The market now waits for confirmation.
