XRP News Today: XRP Trapped in 3,000-Day Range as Resistance and Support Levels Hold Firm

XRP remains locked in a prolonged technical stalemate, with its price failing to break above a critical 3,000-day resistance trendline in the XRP/BTC pair. As of July 29, 2025, the XRP/BTC pair quoted at 0.00002649 BTC, a 2.6% drop over the past 24 hours, continuing to trade beneath the descending trendline established since early 2018 [1]. This resistance has remained unbroken for more than 3,010 days, shaping the bearish bias in the pair and limiting upward movement despite multiple attempts to breach the level [1].

The USD pair also reflects a similar pattern. XRP/USD is currently trading in a narrow range between 3.10 and 3.26, at $3.17 as of July 29, with a 2.7% decline in the last 24 hours [1]. The low volatility and tight trading range indicate a period of consolidation, where neither buyers nor sellers have been able to assert control. This indecisive behavior suggests that the market remains in a waiting mode for a catalyst to drive a directional move [1].

The resistance line on the XRP/BTC chart, stretching back to 2017, has repeatedly rejected upward attempts, maintaining a bearish structure. Each test of the resistance level—referred to as the "purple zones"—has ended in a rejection, reinforcing the strength of the ceiling. The latest denial area is located at 0.00003500 BTC, mirroring past failed breakout points. This pattern has persisted for nearly nine years, indicating a deep-rooted bearish bias [1].

Meanwhile, XRP continues to find support within a horizontal zone spanning from 0.00000787 BTC to just above 0.00001200 BTC. This support area has historically prevented sharper declines, allowing the asset to stabilize after falling back into the range. Recent price action has shown multiple bounces from this level, reinforcing its role as a key floor for the XRP/BTC pair [1].

Market observers are closely watching for a confirmed breakout above the 3,000-day resistance line, as a sustained move beyond this level could signal the start of a potential bull-run. Until such a breakout occurs, XRP remains constrained within a defined range, with both support and resistance levels holding firm. The continued containment indicates that the market structure has not yet evolved, and the current stalemate is likely to persist until a decisive shift in price momentum emerges [1].

Source:

[1] title: XRP Faces Prolonged Stalemate: 3,000-Day Resistance Caps Price as Support Zones Hold Firm

url: https://cryptonewsland.com/xrp-faces-prolonged-stalemate-3000-day-resist/