XRP Price Defends Key Support As Analysts Eye 13% Breakout Level

Key Insights:

• XRP price holds near $1.77 as repeated dips fail to trigger fresh selling.
• A reclaim of $2.15 is needed to confirm a potential 13% upside breakout for Ripple coin.
• Mid-term holders increased supply share from 9.09% to 12.27%, signaling quiet accumulation.

XRP price is no longer dropping the way it was earlier. After weeks of continued downside, the price has stopped making fresh lows. Instead, it is moving sideways in a tight range, more like consolidation.

This consolidation matters. In weak markets, prices usually fall fast. When they do not, it often means sellers are running out of pressure.

That is what is happening with Ripple coin now, even while parts of the broader market remain undecided. At the same time, some holders are quietly increasing their XRP exposure.

This does not signal a rally yet. But it does suggest that the worst selling phase may be behind us.

XRP Price Finds Critical Support: Strong Bottom?

On the daily chart, XRP price has tested the same price level near $1.77 to $1.80 more than once. Each time, the Ripple coin price dipped into that area and then bounced back.

This type of formation is known as a double bottom. It forms when sellers fail to push the price lower on repeated attempts. Instead of panic selling, buying starts to appear at the same level.

That said, this pattern only becomes meaningful if the XRP price can move higher afterward. For XRP, the level that decides this is $2.15. This area has capped upside several times already.

A clean daily close above $2.15 would shift momentum in favor of buyers. From current levels, that move would imply roughly a 13% upside. Until that happens, the setup remains incomplete.

Analysts and the XRP price advocates on X also agree to the same price levels for a steady upside.

Ripple Coin Mid-Term Holders Step In

On-chain info adds more clarity to the XRP price setup. Mid-term holders are crypto wallets that have held the Ripple coin for one to three months.

These holders often highlight early movements. And they are usually more perceptive of short-term price swings, as compared to the long-term and even ultra-short-term cohorts.

Since Nov. 21, the share of XRP held by this group has risen from 9.09% to 12.27%. That is a notable jump in a short period.

Coins are moving into wallets that are not selling quickly. Supply is being absorbed while price is not rising yet. This usually points to quiet accumulation rather than excitement.

Still, on-chain data alone does not move price. It only matters if the chart later confirms it.

XRP Price Needs a 13% Upmove for a Clear Sign

Right now, the XRP price remains stuck in a range with the double bottom clearly in control.

As long as the price stays below $2.15–$2.20, the upside remains unconfirmed. Buyers need that level to flip into support to change the trend.

On the downside, $1.77 remains the key floor for Ripple coin. A daily close below that level would invalidate the double bottom idea and reopen deeper downside risk.

Also, if the $2.15 level is breached, even $2.30 looks on the cards, per X analysts, and even the price chart shared earlier.

The next higher level to aim for would be $2.5. For now, the XRP price is not bullish. It is also no longer weak in the short term.

Price has paused, selling has slowed, and some holders are stepping in. The next move is likely to be sharp. Once XRP breaks out of this range, direction should become clear quickly.