XRP Price Faces Major Test at $2.80 Resistance Zone

XRP has clawed its way back from October’s lows, but now faces what could be its toughest test yet. Trading around $2.63, the cryptocurrency is closing in on the $2.80 resistance zone—a critical level where previous rallies have stalled. According to technical analyst, this price point represents more than just a number on the chart. It’s where a long-term descending channel meets a significant Fibonacci level, creating a convergence that historically causes momentum to either break through or reverse. What happens here in the coming days could set the tone for XRP’s next chapter.

What the Chart Shows

Ali 12-hour XRP/USDT analysis (Binance) reveals a descending channel that’s been in place since late August. XRP currently sits just below the 0.618 Fibonacci retracement at $2.70, with the upper channel boundary converging near $2.80. This creates a double-layered resistance that’s tough to crack.

The key levels to watch

• Current price: ~$2.63
• Immediate resistance: $2.70 (0.618 Fib) and $2.80 (channel top)
• Downside targets if rejected: $2.50 (0.786 Fib) or $2.30–$2.40 (lower channel support)
• Upside targets if breakout confirmed: $3.00–$3.20

If XRP gets rejected at $2.80, we could see another leg down as the downward channel reasserts control. But if buyers manage to push through and hold above this zone, it would flip the market structure and potentially attract momentum traders back into the game.

Market Context

XRP’s recent moves reflect a mix of optimism and caution. On the fundamental side, Ripple’s partial legal victories have boosted long-term confidence, and its cross-border payment narrative continues to provide steady support. However, broader crypto market volatility and macroeconomic uncertainty are keeping price action choppy and confined within this corrective channel.

The setup suggests moderate bullish momentum that’s starting to run into resistance. If XRP can consolidate below $2.80 without losing the $2.50 support floor, it might build into an accumulation phase—but a clean breakout is needed before we can call this a trend reversal. For now, $2.80 is the line in the sand, and all eyes are on whether XRP can finally break free from its months-long downtrend.