TLDR:
- XRP price jumped 550% from $0.45 to $3.30 before retracing and now trades around $2.95.
- Support sits at $2.40 and $2.00, while $3.30 to $3.60 is the ceiling blocking further gains.
- Analysts say XRP may be in a final corrective wave before a potential surge above $4.
- Structure remains bullish as higher highs and higher lows hold despite recent pullbacks.
XRP is grinding sideways after its massive run. Traders are watching two levels that could shape its next move. $2.40 has held strong so far. $2.00 sits just below, waiting as a deeper safety net. Above it all, the $3.30 to $3.60 barrier looms, and a breakout there could change everything.
XRP Price Action: A Rally, a Pullback, and a Pause
According to RJT. WAGMI, XRP jumped over 550% from $0.45 to $3.30 before cooling off. The weekly chart shows a clean uptrend followed by a measured retrace. The price is now at $2.95, sitting between firm support and heavy resistance.
$XRP isn’t just another altcoin.
It’s backed by real momentum and conviction.
Support around $2.40 looks solid.
If it dips lower, $2.00 is a strong bounce zone.This could pop soon. pic.twitter.com/JIbXsP3jb9
— RJT. WAGMI (@RJTTheOG) August 1, 2025
The analyst pointed to $2.40 as the first real line of defense. It was resistance once, now it’s holding as support. If XRP dips further, $2.00 could attract strong buyers.
The $3.30 to $3.60 range is the ceiling right now. Multiple rejections around that zone show that it won’t break without real volume. A close above it could push XRP toward $4, maybe even higher if momentum stacks up.
CoinGecko data shows XRP down nearly 7% in 24 hours, with a weekly drop of just over 5%. Despite that, analysts see the structure holding steady. The bullish trend of higher highs and higher lows remains intact for now.
Wave 2 or the Last Cheap Entry?
XForceGlobal added another layer to the outlook. They suggested XRP might be in a final corrective wave before its next surge. Their chart work points to the 61.8% to 161.8% retracement zone as prime buy territory.
If this plays out, XRP could be building the base for a sharp move. The analyst stressed that this could be one of the last windows for “cheap” XRP before a climb past $4.
We can finally narrow down our wave 2 scenario before shooting up to $4+.
If we are in a WXY, this is going to be the last opportunity to buy #XRP on the cheap for the most part.
We have exceptional symmetry, timing, and form on both the shorter and medium timeframe. pic.twitter.com/OKz6TOQBbM
— XForceGlobal (@XForceGlobal) August 1, 2025
For now, XRP is stuck in a range, but the structure is clear. Support at $2.40 and $2.00 gives bulls a strong floor. Resistance at $3.30 to $3.60 is the wall. A breakout over that zone would open the door for a run toward $4 and beyond.
XRP’s next move depends on how it handles these levels. Traders are waiting for a break, and the chart is already loaded with clues.
