XRP Price Today: XRP Holds Steady Near $2.63 as Traders Watch Key $2.80 Resistance Zone
The post XRP Price Today: XRP Holds Steady Near $2.63 as Traders Watch Key $2.80 Resistance Zone appeared on BitcoinEthereumNews.com.
XRP today is trading steadily around $2.63, showing limited intraday movement but maintaining solid trading activity across major crypto exchanges. Despite broader market consolidation, Ripple XRP continues to rank among the top five cryptocurrencies by market capitalization, reflecting sustained investor confidence in its long-term outlook. Over the past month, the price of XRP has climbed nearly 15%, supported by renewed optimism surrounding Ripple’s legal progress and market recovery momentum. Analysts note that whale accumulation of approximately $560 million in October has helped strengthen XRP’s base, further fueling bullish sentiment ahead of a possible breakout. Chart Patterns Signal a Critical Resistance Test Technical indicators suggest that XRP is currently consolidating within an ascending channel, with upward momentum supported by the ongoing rebound from October’s lows near $2.20. According to TradingView data shared by crypto analyst Ali Charts, the current XRP price is encountering a strong resistance line at $2.80, drawn from previous highs that could act as a temporary barrier for bullish continuation. XRP/USDT is trading within an ascending channel on the 1-hour chart, approaching a key resistance level at $2.80. Source: Ali Martinez via X “XRP could find resistance at $2.80,” noted Ali, highlighting the possibility of a short-term pause before further gains resume. A successful close above this level could validate a breakout toward $3.20 and possibly $3.60, marking the next key upside targets for traders monitoring XRP price prediction 2025 scenarios. Cup-and-Handle Formation Reinforces Bullish Outlook On higher timeframes, XRP’s chart structure remains technically favorable. A weekly chart shared by Steph Is Crypto identifies a multi-year cup-and-handle pattern that has been forming since 2020 — a historically bullish formation that often precedes significant upward price movements. The pattern’s measured target sits around $2.63, which XRP has recently achieved, reinforcing the notion that the asset could be preparing for…
Filed under: News - @ October 30, 2025 8:27 am