that XRP has successfully bounced off the and reclaimed the , showing signs of bullish momentum. However, he also noted that , a key signal for confirming a trend reversal.

“XRP is holding $2.25 and building structure, but needs a breakout above $2.69 to confirm a bullish trend,” – CasiTrades

Technical analysis shows that , a level it has failed to break several times. On , XRP reached $2.65 but fell short, and on , another attempt was met with heavy selling pressure. Between May 14–17, the price , highlighting ongoing market uncertainty.

As long as XRP trades below , analysts warn that a .

According to CasiTrades, XRP is currently in a , which typically signals as the market builds structure. This phase suggests a potential setup for a strong move—.

In the past 24 hours, XRP posted a , with a daily close at , after briefly pushing above a . However, at the time of writing, XRP is that level again.

The analyst emphasized that holding above is crucial for any continued upside. A breakdown below this level could trigger another —and possibly lower.

XRP’s price action remains at a critical juncture. While , the lack of a breakout above $2.69 continues to limit upside potential. If momentum builds, XRP could target a new high—but if support fails, traders should be prepared for a dip toward $1.50.