XRP Break Above $2.23 Could Trigger 9%–11% Move Toward $2.36

XRP is a large-cap altcoin focused on providing an easy way for individuals and businesses to send money quickly and cheaply across borders. Unlike other currencies, it focuses on being the backbone of how remittance services operate, rather than just another speculative token.

As with most altcoins, XRP’s price movements are dictated by a combination of its technical setup, market psychology, and the larger narratives surrounding cycles. At press time, the coin is trading at $2.13 with an increase of 0.32% over the past 24 hours.

XRP Protects $2.05 Support

Currently, XRP is at the tail end of a long corrective phase as it looks to establish some level of support in a significant demand zone. Although upside momentum is limited. It is currently facing a critical point in market structure where there is potential for growth rather than continuing the downtrend.

According to TradingView’s daily chart, XRP trades at approximately $2.17, above the established support zone of $2.05-$2.10. This support level coincides with the 20-day EMA. The coin is still constrained by a dense area of resistance at the 50 and 100-day EMAs, approximately $2.20-$2.23. The current contraction of Bollinger Bands indicates a future potential for volatility expansion.

An upward breakout, closing above $2.23, could provide the opportunity for an upward path toward $2.33-$2.36. On the other hand, losing $2.05 would mean that it would have to contend with downward movement toward $1.95.

Also Read: XRP Q1 2026 Price Prediction: Can Momentum Carry XRP Beyond $2.50?

Analyst Points to Super Cycle Narrative

According to Ali Charts, there appears to be an uptick in conversations amongst traders regarding the idea of an XRP “super cycle”. The accompanying weekly chart posted on X shows that the has had accumulation zones in the past and distribution around the $3 mark.

This indicates that the coin’s price structure is still elevated and will likely continue to rise, despite the downward price action over the last few months. The overall thesis that can be drawn from this chart data is that this current price action could be indicative of a mid-cycle slowdown rather than a long-term breakdown.

In conclusion, the coin is currently experiencing significant technical changes that will affect its future price direction in both the short- and long-term. The outcome of either a breakout or breakdown from its current price level will determine the direction of the coin’s next price trend.

Also Read: XRP Faces Two Key Scenarios After Liquidity Sweep at Resistance