XRP Holds Above 200-Day Average as Price Coils Below $2.40

Overview

• XRP is trading around $2.06–$2.18 after rebounding from near $2.00, with price reclaiming and retesting the 200-day moving average as support.
• Analysts describe compression into a $2.30–$2.40 decision zone that is likely to determine whether the next leg is continuation or renewed range trading.
• A sustained hold above the 200-day average followed by a push to about $2.64 would confirm a higher high and strengthen the emerging reversal structure.
• Scenario-based upside paths point to $2.70 and roughly $3.13 if momentum extends, with a more distant $3.50–$4.00 area flagged as a conditional supply zone.
• The bullish case weakens if the 200-day moving average fails or if XRP posts a weekly close below $2.00, which would raise the risk of deeper consolidation.