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XRP Technical Update: Price Is Stuck. Here’s Key Resistance

Arthur (@XrpArthur) has shared an intriguing chart about XRP’s current market position. The asset continues to trade in a tight range as it approaches a major level on its daily chart. The market shows steady interest but also visible hesitation each time the price approaches the upper boundary.

This creates an important moment for holders who want to see a shift in momentum before the next phase of movement. The chart highlights this tension and shows how the market reacts each time XRP returns to the same area.

The $2.3 Barrier Shapes Market Behavior

Arthur analyzed the situation, revealing that XRP is stuck under the $2.3 resistance level. His chart shows a wide cluster of candles rejecting the same zone. The yellow box marks the region that acts as the current battleground for control. This zone continues to test buyers repeatedly. The reactions display the effort sellers invest to keep XRP below the line.

The daily chart presents a sequence of failed attempts beyond the resistance. Each attempt met rejection near $2.30. The volume profile on the right side of the chart shows large activity between $2.1 and $2.3. This confirms that many trades occur in this range. It also signals that buyers stock positions, but they have not forced a breakout.

Arthur explained what must happen for momentum to change. He said bulls need “a daily close above $2.3.” This sets a clear condition for holders. A close above this level would shift focus toward higher targets. Another analyst recently highlighted $2.7 as the next resistance, but the asset must first overcome $2.3.

What the Current Structure Means for Holders

The chart shows a series of higher lows forming underneath the resistance. This pattern signals that buyers continue to step in on each dip. The rejection wicks indicate strong activity from both sides. Holders now watch whether the price can sustain pressure long enough to break through the ceiling.

Below the current price, $2.02 acts as key support. If XRP drops toward this area, buyers may hold it with confidence. A clean bounce from $2.02 would keep the structure intact. With whale activity rising rapidly in the current market, the asset might experience a notable resurgence from this rebound.

The next stage depends on the daily close relative to $2.3. A confirmed close above this number would indicate the buyers finally winning inside the yellow box. That would give holders a clearer path toward higher resistance areas.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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