XRPUSDT - BULLISH CONTINUATION IN SIGHT

Symbol - XRPUSDT

XRPUSDT is making an attempt to break above the upper boundary of its trading range amid a broader bullish rebound across the cryptocurrency market. A confirmed breakout could develop after a short-term pullback.

The market continues to recover from the liquidation event of last week, with Bitcoin displaying structural strength - hinting at a possible return of bullish momentum. This supports a more optimistic outlook for the overall crypto sector.

Currently, XRPUSDT is testing resistance and entering a consolidation phase. The main breakout point sits near 2.661 However, during consolidation, a retest of support levels remains possible as the market may seek liquidity before a potential upside move.

Resistance levels: 2.661, 2.739
Support levels: 2.587, 2.547, 2.500

Since the beginning of the session, momentum has remained notably strong, though a short correction could occur before the upward trend resumes. During this corrective phase, XRPUSDT may retrace toward the 2.587 – 2.500 zone to gather liquidity before continuing higher.