XRP continues to hold firm above the $2 support level, maintaining investor interest even as the broader cryptocurrency market trends downward.
In this line, crypto analyst Dark Defender, in an X post, highlighted XRP’s potential for an imminent breakout, suggesting that a rally could gain momentum if key resistance levels are breached.
Technical analysis: Key XRP price levels to watch
Currently, XRP is consolidating near the $2.60 resistance level, which has become a key decision point for the token’s next move.
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A breakout above $2.60, and more critically, a move past $2.77, could ignite a fresh wave of bullish momentum, potentially driving the token toward $2.85. If the rally extends further, analysts see $5.85 as the next upside target.
This outlook is further validated by artificial intelligence models, which project that XRP could trade between $3.15 and $3.50 by March 2025 if it clears the key $2.72 resistance level, a scenario the model assigns a 65% probability.
On the downside, support remains at $2.33, a level crucial for maintaining XRP’s bullish structure.
Meanwhile, the Relative Strength Index (RSI) is also supporting XRP’s bullish setup, showing higher lows despite price consolidation. A breakout above the resistance trendline would signal increasing buying pressure, further supporting an upward move.
Market fundamentals boost optimism
XRP continues to attract institutional capital, standing out amid shifting market dynamics. While Bitcoin (BTC) recorded $571 million in outflows last week, XRP led altcoin inflows with $38.3 million, according to a CoinShares report.
Since mid-November 2025, XRP has accumulated $819 million in institutional inflows, further highlighting growing confidence in its long-term potential.
Ripple’s expanding presence in global payments is a major driver of institutional interest. The company recently partnered with Unicâmbio to facilitate cross-border transactions between Portugal and Brazil, marking its first expansion into this key remittance corridor.
Additional partnerships with Mercado Bitcoin and Travelex Bank further indicate Ripple’s growing role in financial services.
The SEC’s acknowledgment of Grayscale’s XRP Trust ETF filing has also fueled speculation of regulatory approval, signaling a potential shift in sentiment.
JPMorgan analysts estimate that an XRP ETF could attract between $3 billion and $6 billion in net inflows within its first year, injecting substantial buying pressure into the asset.
XRP price analysis
At press time, XRP was trading at $2.49, reflecting a one-day decline of over 2.5%. On the weekly chart, the token has lost more than 7%.
With institutional inflows rising and technical indicators flashing bullish signals, all eyes are now on whether XRP can reclaim key resistance levels and sustain its upward trajectory, though key market dynamics and supply-side factors continue to add layers of complexity to its performance.
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