- XRP consolidates below $3.65 resistance, forming a tightening structure that may precede a renewed bullish continuation.
- XRP is stable around the price of $2.80-2.90, which indicates continuous accumulation and confidence of buyers in the market.
- Long-to-short ratios across exchanges show dominant bullish positioning, aligning with XRP’s strengthening market rhythm.
XRP remains within a narrowing price structure, holding steady as buyers defend higher support levels while compression builds near a crucial resistance zone. Market rhythm points toward a balanced but tightening setup that could soon define the asset’s next phase.
Compression Builds Near the $3.65 Resistance Zone
The daily chart for XRP reflects continued consolidation beneath a descending resistance pattern. Price activity has gradually compressed since early September, with momentum concentrating below the $3.65 level. This structure often precedes directional expansion, suggesting that volatility may soon return as pressure accumulates within the range.
CRYPTOWZRD noted in a recent update that XRP’s daily close was indecisive, adding that strength in the XRP/BTC pair will be critical to sustain upward continuation. The analyst highlighted rational positioning over the weekend by aiming at intraday confirmation before adopting a directional positioning. This measured opinion is a reflection of the larger opinion in the market, traders are awaiting confirmation as opposed to speculation.
On the technical, the key breakout level is at $3.65. An established high above this point can nullify the recent down trend and create an access point to $4.40-$4.70. The market remains anchored at close to $2.80-$2.90 with several rebounds herein indicating long-term buy-side stability. Such repeated defense reflects a healthy accumulation process forming beneath structural resistance.
Strength in Market Structure and Volume Behavior
With a volume approaching $6 billion, XRP is currently trading at $2.36, up more than 5% over the last day. This activity suggests renewed liquidity interest after a quiet consolidation period. The asset’s ability to hold higher lows amid gradual volume expansion implies that capital is repositioning, not exiting — a key condition preceding sustainable uptrends.
The current market capitalization exceeds $141 billion, with a fully diluted valuation near $235 billion, emphasizing stable investor confidence in its token structure. XRP’s circulating supply stands at roughly 59.9 billion, maintaining a predictable 60% distribution from its maximum 100 billion supply. This tokenomic consistency continues to attract long-term holders seeking reduced inflation risk.
Price rhythm on the 24-hour chart shows accumulation-driven advances. Each pullback finds measured recovery, forming a “stair-step” structure rather than erratic volatility. Such behavior often points to institutional or algorithmic accumulation phases, supporting the view that XRP may be transitioning toward a secondary expansion phase once resistance clears.
Derivative Positioning and Near-Term Outlook
Derivative data supports the underlying bullish structure. On Binance, the XRP/USDT long-to-short ratio stands at 2.75, while top traders record 2.97%, reflecting firm conviction among both retail and professional accounts. OKX also reports a 1.69 ratio, maintaining a similar bullish skew across markets. These ratios, aligned with steady spot strength, suggest conviction-backed exposure rather than speculative leverage.
Liquidation data reinforces this controlled environment. Only about $831,000 in recent forced liquidations indicates minimal stress among leveraged participants, a sign of structural stability. A market characterized by balanced leverage and rising spot demand typically offers the foundation for extended continuation phases.
Although XRP’s 30-day change shows a 23% decline, year-to-date performance remains positive at 13%, while its annual gain exceeds 330%. These metrics confirm a larger bullish structure intact despite local corrections. As long as XRP maintains support above $2.25, traders anticipate another challenge of the $3.65 resistance, with potential expansion toward $4.40–$4.70 if volume confirms the move.
