XRP Price Analysis: is Ripple About to Surge Above $3 or fall to $2 This Week?

Ripple continues to consolidate below a critical supply zone after reclaiming the 200-day moving ￰0￱ short-term momentum remains constructive, the market is yet to confirm a decisive breakout that would validate a sustained bullish ￰1￱ Price Analysis By Shayan The Daily Chart On the daily timeframe, XRP has recently formed a classic inverse head-and-shoulders pattern, signaling a potential medium-term reversal from the $2.1–$2.2 institutional demand ￰2￱ the breakout, the price reclaimed both the downtrend line and the 200-day MA at $2.6, signaling renewed buying strength. However, the market now faces a major resistance confluence around $2.7, aligning with the neckline structure and the upper boundary of the recent supply ￰3￱ region represents the first decisive test for bulls.

A clean close above $2.7 would confirm a structural trend reversal, opening the path toward the $2.9–$3.1 resistance cluster. Conversely, rejection at this level could result in a temporary pullback toward the $2.45–$2.5 support, where the broken trendline and 200-day MA intersect — forming an ideal retest region for bullish continuation if demand persists.