XRP News Today: XRP Aims to Break $2.30 Resistance for 70% Rally

XRP is currently trading within a wide range, with the price attempting to reclaim the $2.30 resistance level to facilitate higher movement. The cryptocurrency has been consolidating within this structure, trading just below $2.30, with potential for a breakout. The price currently hovers around $2.14 after a recent dip, while support holds firm near $2.00. This support level has been defended multiple times since early 2025, indicating a steady accumulation phase and serving as the base for a possible rally toward higher levels.

If XRP successfully breaks through the $2.30 resistance, upside targets may include $2.9957, $3.4093, and $3.7978, according to recent chart projections. These targets align with previous resistance clusters and offer logical stages for the price to pause or react. The bullish projection is anchored in the structural range now developing on the biweekly timeframe, with each target corresponding to swing highs or Fibonacci extension levels seen during earlier price action. These markers have previously acted as pivot points, often creating short-term retracements.

Market participants are closely watching whether XRP can clear the $2.30 resistance and ignite a rally toward $3.79. The current pattern on the biweekly chart reflects a steady accumulation phase, with buyers defending the key support near $2.00 multiple times. This price zone is now being seen as the base for a possible rally toward higher levels. The structure has been forming gradually, with lower volatility but consistent testing of key zones. The recent candle prints show repeated support bounces around $2.00, suggesting that buyers are active below current levels.

If XRP moves above $2.30, the next potential price points stand at $2.9957, $3.4093, and $3.7978. These zones align with previous resistance clusters and offer logical stages for the price to pause or react. The bullish projection is anchored in the structural range now developing on the biweekly timeframe. Each target corresponds with swing highs or Fibonacci extension levels seen during earlier price action. These markers have previously acted as pivot points, often creating short-term retracements. If momentum strengthens beyond $2.30, traders may begin to map entry and exit points around these zones.

While attention centers on the $2.30 resistance, the $2.00 support now anchors bullish bias in the structure. The market has tested this level several times without breakdown. Holding this base gives buyers a clear risk level and confirms the wider consolidation pattern remains intact. If price fails to stay above $2.00, the structure could lose bullish context. Such a move may open the door for further downside or longer consolidation. Until that occurs, the $2.00 mark remains crucial to short-term positioning.

Market conditions may continue to tighten as traders assess each move near support and resistance. As volume contracts and the range narrows, breakout conditions may soon form. Whether the next move is bullish or bearish may hinge on how price behaves around the $2.30 barrier. Traders often track these levels to define risk and reward strategies. Breakouts beyond $2.9957 may create rapid movement due to low resistance overhead. However, for these targets to become valid, the price must first reclaim the $2.30 zone with conviction.