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XRP is holding on to recent gains after a decent move over the weekend. The token is now facing important resistance levels that could decide its next direction. On Monday morning, XRP started the week on a relatively stable note, following a quiet weekend in terms of price action. The token climbed slightly, but strong resistance at $3.32–$3.40 has so far capped further gains.
Consolidation or Breakout?
Currently, XRP appears to be moving in a sideways pattern. The market is waiting for stronger signals before committing to a breakout. The important levels to watch are $3.40 and $3.42, these areas have previously acted as strong resistance and hold a large amount of trading volume, also known as a “fair value gap.”
If XRP can break above this zone, it could trigger a larger move toward the $3.84 to $4.72 range. However, without enough bullish or buying pressure, a pullback remains possible.
Support Levels and Risk of a Pullback
For now, XRP’s immediate support lies around $3.15. This level has held well and also matches the 4-hour trend zone on technical charts. If XRP falls below $2.75, though, it could mean the start of a larger correction. A break under $2.65 would invalidate the current bullish pattern and could open the door to even deeper losses.
Is a Bigger Move Ahead?
The overall outlook for XRP remains positive, especially if global market sentiment continues to improve. The recent deal between the EU and the U.S. has helped boost risk appetite in financial markets, including crypto.
If the current uptrend continues and XRP confirms a breakout, price targets in the $4.35–$4.72 range are within reach. That said, without a clear signal or strong volume, XRP is likely to stay in a consolidation phase for now.