XRP 2H – Breakout Retest in Play, Can $3.20 Hold Next?

XRP has broken out of its short-term descending trendline, with a strong impulse candle confirming the move. Price is now consolidating just above the 2.82–2.90 retest zone, making this a critical level for continuation.

Bullish case: If buyers defend the retest zone, XRP could extend toward $3.20–3.30, aligning with prior local highs.

Bearish case: A failure to hold above $2.82 support risks invalidating the breakout, sending price back into the range.

The Stoch RSI has cooled after the breakout spike, suggesting momentum is resetting and could fuel another push if support holds.

Key levels:

Support: $2.82–2.90 retest zone

Resistance: $3.20–3.30 (local highs)

Breakout point: Trendline resistance flipped to support

XRP has shifted structure with this breakout — now the retest will decide whether momentum continues higher.