- Analyst signals possible XRP relief rally as key resistance levels emerge.
- XRP traders watch $1.80 to $2 zone for trend confirmation.
- April may reveal whether XRP stabilizes or revisits critical support.
Crypto analyst ChartNerd highlighted a shift in XRP’s technical structure while pointing to a potential relief phase that could emerge in the coming weeks. In a recent post on X, he explained that XRP’s price behavior now revolves around a few clear support and resistance zones that may determine the asset’s next direction.
According to ChartNerd, XRP could experience a relief move around March or April, a period that may provide a clearer view of whether the market prepares for recovery or faces additional downside pressure.
Recent market activity has placed XRP under closer observation as traders evaluate how the asset reacts after losing a major support structure that previously supported its upward momentum for an extended period.
XRP’s Earlier Resistance at $0.70 Shaped Market Structure
Technical charts show that XRP repeatedly interacted with the $0.70 level throughout both 2023 and 2024, a price zone where multiple attempts to break higher failed and where the market consistently faced strong resistance pressure during those trading cycles.
However, market conditions shifted significantly in November 2024 when XRP finally managed to break above the $0.70 barrier, an event that triggered strong upward momentum across the market and later pushed the asset toward new all-time highs.
Despite that rally, XRP later lost an important technical structure that had developed over time as the asset previously maintained a 400-day support base during its broader upward movement. Once that support base collapsed, XRP retraced toward the 200 week exponential moving average, a widely watched technical indicator that often reflects the long term strength of an asset’s trend.
Recent price candles have also closed below that indicator, a development that signals weakening technical momentum while increasing uncertainty around XRP’s near term direction.
XRP Faces Critical Test Around $1.80 to $2 Price Zone
Market focus has now shifted toward the $1.80 to $2 range, a zone that currently represents the most important resistance area for XRP’s next market phase. Reclaiming that range and maintaining it as support could strengthen the asset’s price structure while restoring confidence among traders who closely monitor major technical levels.
Failure to regain that area may keep XRP within a broader consolidation phase while leaving open the possibility that the price could revisit lower historical levels, including the $0.70 region that once served as strong resistance before the breakout in late 2024.
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