Market analyst 0 recently shared an update on XRP’s technical position, suggesting that the asset continues to maintain its broader market structure despite recent 1 analysis, accompanied by a detailed TradingView chart, highlights the persistence of XRP’s sideways consolidation phase , which has dominated price action in recent 2 to his assessment, there is no cause for alarm among holders, as the underlying formation remains 3 chart shared by 4 displays XRP trading near $2.87, reflecting minimal deviation from recent 5 chart shows that the price remains within a defined horizontal range, with visible resistance around the $3.00 to $3.20 zone and clear support between $2.70 and $2.75.
A descending trendline extending from earlier highs suggests a gradual tightening of price movement as XRP tests both structural boundaries. I don't understand those who are getting scared, all structures are still in place and XRP is just moving 6 — xoom (@Mr_Xoom) October 8, 2025 Technical Analysis and Market Context The key takeaway from Mr. Xoom’s post is the preservation of the overall market 7 intermittent volatility, XRP continues to respect major support and resistance levels, implying that long-term holders are observing consistent technical behavior rather than 8 analysis suggests that the $2.70 region is acting as a crucial support base, preventing deeper declines, while repeated rejections near $3.00 indicate unresolved buying pressure above that 9 the broader context, this type of consolidation often precedes a decisive move, but Mr.
Xoom’s view implies that current conditions remain stable rather than 10 downward sloping trendline from the July peak continues to serve as a dynamic resistance, constraining upward 11 XRP sustains its structural integrity near support levels, the likelihood of a breakout attempt later in the quarter could increase, provided overall market sentiment 12 Reactions and Diverging Opinions
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