$XRP has delivered a strong impulsive move after defending the $2.00 demand zone. Price is currently trading around $2.05, consolidating after breaking out of the descending trendline that had capped momentum.
Immediate resistance sits at $2.41, which is the next key level to watch. A decisive break above this zone would confirm continuation toward higher levels, while failure to sustain demand could expose downside risk back into the $2.00–$1.77 range.
Market structure suggests
$XRP is in the early stages of a bullish reversal, with momentum favoring continuation as long as demand zones hold. Traders will be monitoring reactions at resistance to validate whether this breakout evolves into a sustained trend.
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