- XRP was trading at $2.64 with a 0.3% 24-hour gain with its main support level of $2.61 and a resistance level of $2.69.
- The token is in a long-term rising channel which has been controlling key price fluctuations since 2017.
- RSI patterns align with previous breakout phases, suggesting strong momentum within the established range.
The XRP is still exhibiting an organized price action in a long-term upward trend in a channel that is observable in the weekly chart. The token was currently trading at $2.64 and its price has gone up by a margin of 0.3 per cent in the last 24 hours. The support stands at $2.61 whereas the resistance is at $2.69. It is interesting to note that the present trend of XRP takes a steady upward trend that has been observed in several consecutive cycles, where the price gains momentum after languishing consolidation.
The most recent market structure demonstrates that XRP moves into a zone of increased volatility as the price proceeds along the upper limit of the multi-year channel. The fact that this structure has had several historical rebounds has been noted by analysts and it is important to note that every major uptrend has started when this structure reached similar levels in terms of RSI.
Historical Channel Highlights Long-Term Market Behavior
On further examination of the weekly chart, it is evident that since 2017, XRP has honored this general upward trend. The range between the lower and upper bands has guided nearly every significant price swing. During previous cycles, XRP reached the upper trendline after RSI readings entered overbought conditions.
Currently, the RSI pattern shows multiple peaks aligning with past breakout events. These points, highlighted in yellow circles on the chart, correspond to notable momentum shifts. The market appears to be repeating a similar setup, with XRP pushing toward the upper range once again.
Resistance Levels Define Near-Term Market Focus
Short-term focus remains on the $2.69 resistance, a level that has capped recent upward attempts. A clean move above this area could expose the upper boundary of the current channel, projected around the $3.00–$3.20 zone. However, continued rejection here may return the price to retest the $2.61 support, which has maintained structure throughout recent sessions.
Market analysts are still closely tracking RSI because in the past, historical overbought values have generally led to significant directional changes. As XRP continues its positive trend within the channel, focus will be on how it will react with the upper trendline and how its present momentum is sustainable.
