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 $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 $

XRP Price Analysis: Key Support Retests Fuel $6 Bullish Expansion Case

2026/02/09 05:09
3 min read

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.Image

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.Image

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.

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.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny

The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…
Share
BitcoinEthereumNews2025/09/18 02:13
Wintermute CEO Reveals Crucial Structural Shifts

Wintermute CEO Reveals Crucial Structural Shifts

The post Wintermute CEO Reveals Crucial Structural Shifts appeared on BitcoinEthereumNews.com. Cryptocurrency Exchange Insolvency Fears Debunked: Wintermute CEO
Share
BitcoinEthereumNews2026/02/09 09:28
XRP Native Lending Becomes Core Strategy as Evernorth Anchors Protocol Adoption

XRP Native Lending Becomes Core Strategy as Evernorth Anchors Protocol Adoption

The post XRP Native Lending Becomes Core Strategy as Evernorth Anchors Protocol Adoption appeared on BitcoinEthereumNews.com. Institutional demand for onchain yield
Share
BitcoinEthereumNews2026/02/09 09:32