XRP News Today: XRP Holds Above $2.16 as Bullish Momentum Awaits Confirmation

XRP’s price action is currently at a critical point. After briefly surging to $2.30, the token failed to sustain its hold above the $2.25 support level and has since pulled back to the top of its previous consolidation zone. Currently trading at $2.18, XRP must hold this level to preserve its bullish structure and avoid a deeper correction.

According to market analyst CasiTrades, XRP is now revisiting the $2.18–$2.16 range, which marks the upper boundary of its earlier consolidation. This retest is not necessarily a bearish signal but rather a common market behavior that often precedes renewed upward momentum. Such patterns typically play out as breakout, rejection, quick retest, and continuation.

As long as XRP holds above $2.16, the current pullback is likely just a structural reset, a healthy backfill of liquidity before another move higher. If this zone gives way, however, the bullish setup would begin to deteriorate, risking a fall to the $1.90 support region.

Despite the retracement, signs of bullish divergence are emerging on smaller timeframes. The Relative Strength Index (RSI) is showing clear divergence, suggesting that sellers are losing strength. This signals that the dip may be more of a cooldown than a collapse, driven by short-term profit-taking and not a fundamental weakness in momentum.

Market structure also remains supportive. Trading volume during the pullback hasn’t shown a significant uptick, meaning there’s no major panic or aggressive distribution. This hints that buyers may soon step in to defend the current levels, especially if XRP stabilizes and starts reclaiming $2.25.

For XRP to confirm its bullish continuation, it must not only hold $2.16 but also reclaim $2.25 and flip it into support. Doing so would solidify current levels as a launchpad for the next extension wave. If successful, analysts, including CasiTrades, expect a move toward $2.69, followed by a potential surge toward $3.04 and beyond.

This area around $2.25 is especially important from a psychological and technical standpoint. A close above it would reaffirm market confidence, restore breakout structure, and place XRP back on track for new highs.

While the bias remains bullish, failure to hold $2.16 could shift the narrative. A break below this zone would open the door to $1.90, a level that previously served as a key support during XRP’s earlier consolidation. Although such a drop wouldn’t kill the broader uptrend, it would likely delay any near-term breakout and unsettle bullish momentum.

XRP is now at a critical juncture. Its ability to maintain support above $2.16 will define whether the token is gearing up for another explosive move or preparing for a deeper pullback. For now, signs suggest the former is more likely. The market is watching closely, and if XRP can reclaim $2.25, the path to $2.69 and $3.04 may be back in motion.