XRP may have entered one of the most critical technical phases of recent years after rising above a technical level that has not been surpassed for a long time. Market analyst Crypto Kid states that this zone, which previously stopped the price many times, now works as support. This change led investors to start retracing the historical peak of $3.65.
Remarkable transformation in technical structure
According to Crypto Kid, XRP has turned the area that served as resistance in multiple market cycles into support. In technical analysis, such movements indicate that buyers have stepped in more strongly and an upward change has occurred in the market structure. The analyst thinks that if this support is maintained, the possibility of the price moving towards $ 3.65 again may become stronger.
The importance of this level is not just due to short-term price movement. XRP reached an all-time high of $3.65 in July last year after the US House of Representatives passed three important crypto bills, including the GENIUS Act and the CLARITY Act. The expectation that the regulatory framework could be clarified accelerated the rise in assets at that time.
Mini dictionary: Order block defines the technical region on the price chart where strong buy or sell orders are concentrated. Analysts consider these areas as levels where corporate transactions can leave their mark and be decisive for the next price direction.
Crypto Kid assesses that XRP has turned the multi-cycle resistance zone into support and if this structure is maintained, the $3.65 peak could be retested.
$1.10 support is monitored in the short term
In the near term, the focus of the market is on the $ 1.10 level. It is considered critical for XRP to follow a horizontal course above this region in order to maintain its upward structure. In case of possible short-term pullbacks, buyers’ defense of this area may support the positive outlook on a broader scale.
The next important resistance lies around $1.22. Due to the order block on the four-hour chart, this level stands out in terms of direction determination in the market. It is considered that if XRP rises above this region strongly, the upward movement may gain momentum.
| Level | Type | Importance |
|---|---|---|
| $1.10 | Support | It may indicate whether the short-term bullish structure will be maintained or not |
| $1.22 | Resistance | If exceeded, it may strengthen the upward momentum |
| $3.65 | historical peak | Stands out as a long-term target and technical threshold |
There was a sharp increase in transaction volume
According to CoinCodex data, XRP is trading at $1.12. The asset attracted attention after rising above the $1.14 level, which was the first important technical threshold. During the same period, transaction volume increased by over 200 percent, indicating that participation in the market has strengthened again.
XRP stands out as a digital asset connected to the Ripple ecosystem and known for its cross-border payment usage area. While a significant rise would be required for the current price to reach $3.65 again, strengthening support zones and increased trading activity suggest momentum is picking up in the market.
CoinCodex data reveals that XRP remains at $1.12 and transaction volume increased by over 200 percent.
