Ripple Price Analysis: XRP Consolidates Ahead of Next Major Move

Ripple’s token has entered a muted trading phase, with price action reflecting indecision and a lack of strong order ￰0￱ market remains trapped between well-defined supply and demand zones, waiting for a fresh impulse to determine its next directional ￰1￱ Analysis By Shayan The Daily Chart On the daily chart, XRP is consolidating within a broad range between $2.7 support and $3.4–$3.5 ￰2￱ the sharp rally in July, momentum has stalled, as overhead supply zones have repeatedly capped price ￰3￱ 100-day and 200-day moving averages sit below the current level, adding dynamic support near the $2.7 decision ￰4￱ line now serves as the critical ￰5￱ long as buyers can defend it, Ripple’s asset remains range-bound with potential to retest the upper boundary.

A decisive break below, however, would open the way for a deeper ￰6￱ 4-Hour Chart The 4-hour timeframe highlights a descending wedge formation steering the short-term ￰7￱ has faced repeated rejections at the wedge’s upper boundary, while demand has consistently appeared near the lower boundary, close to $2.7. This has created a compression zone where liquidity is stacking on both sides. A confirmed breakout above the wedge resistance would likely drive the price toward $3.1 and eventually the $3.4 resistance zone. Conversely, failure to defend the $2.7 decision point risks a slide toward $2.4, where the next significant demand zone ￰8￱ then, Ripple is expected to remain in consolidation, with volatility building ahead of a breakout.