XRP Price Analysis: Key Support Retests Fuel $6 Bullish Expansion Case
TLDR
XRP holds its former resistance now acting as support.
Measured move model projects $15+ if structure confirms.
Accumulation near the demand zone fuels a $6 breakout case.
Daily trend flips bullish above $2.00–$2.20 resistance.
XRP is trading at a critical inflection point as multiple technical models assess whether recent support retests can sustain a broader recovery. Analysts highlight structural retests, accumulation behavior, and trendline resistance as key drivers shaping the current outlook. Price targets range from near-term rebounds above $2 to longer-term expansion scenarios if higher-timeframe structure holds.
XRP Price Holds Key Retest Zone
According to analyst Javon Marks, XRP price is following a classic measured move retest structure seen in prior macro expansions. The analysis shows XRP previously breaking out from a long consolidation phase before entering a corrective pullback. The current retracement aligns with a former resistance zone, which now appears to be acting as structural support.
Importantly, price has not decisively broken below this retested zone. Instead, XRP has stabilized above it, suggesting demand absorption rather than renewed distribution. In trending markets, such retests often serve to reset momentum before continuation, particularly when consolidation replaces sharp sell-offs.
Marks’ long-term projection is based on a measured move derived from the prior accumulation range. That model points toward a $15-plus target if XRP confirms higher highs and maintains higher-timeframe support. While the projection is conditional, the structure remains constructive as long as the retest zone holds.
Accumulation Signals Build for XRP Price Expansion
Meanwhile, analyst Hailey presented a broader accumulation-based thesis centered on XRP price behavior near strong horizontal demand. The chart identifies a support band where price has repeatedly attracted buyers. The most recent downside attempt produced a sharp rejection wick, signaling seller exhaustion at that level.
Notably, the analysis suggests XRP is transitioning from compression into a potential expansion phase. In crypto markets, prolonged consolidation above support often precedes parabolic advances once supply thins. According to this view, accumulation during periods of muted volatility can lay the groundwork for rapid upside moves.
The projected target near $6 aligns with prior resistance clusters and psychological price levels. However, confirmation remains necessary. XRP must reclaim near-term structure and establish higher highs on lower timeframes. Without that shift, price could continue ranging within the broader accumulation zone.
Daily XRP Price Trend Hinges on Resistance Break
Additionally, analyst CryptoWZRD offered a more cautious daily technical outlook. The analyst’s chart shows XRP price trading beneath a descending trendline, forming a pattern of lower highs since its last peak. This dynamic resistance has capped multiple rally attempts, keeping short-term structure technically bearish.
The recent drop into the $1.30 to $1.40 zone marked a decisive liquidity test. Large lower wicks indicate aggressive dip buying, suggesting that sell-side pressure was absorbed quickly. Despite the bounce, XRP remains below descending resistance, leaving the daily trend unresolved.
XRP Daily Technical Outlook:$XRP closed indecisively. We’ll have to wait for more healthy Daily candles to get the next lead. The positive move will take place above $1.5160. I’ll track the intraday chart to get a quick scalp pic.twitter.com/J4bwWop4p8
— CRYPTOWZRD (@cryptoWZRD_) February 8, 2026
For a bullish transition, price must break above the trendline and reclaim the $2.00 to $2.20 zone. A move toward $2.40 could follow if momentum accelerates. Conversely, a sustained loss of $1.30 would expose downside risk toward the $1.07 zone.
The post XRP Price Analysis: Key Support Retests Fuel $6 Bullish Expansion Case appeared first on CoinCentral.
Filed under: News - @ February 8, 2026 9:09 pm