XRP, the digital asset used within Ripple’s payment ecosystem, continues to trade inside a well-defined multi-year range, with repeated failures at resistance reinforcing a rotational market structure and keeping traders focused on the key $1.58 support level.
XRP has been confined to a broad trading range for nearly two years, with price action consistently respecting clear upper and lower boundaries. Despite several volatility spikes, the market has been unable to deliver a decisive breakout or breakdown, resulting in prolonged sideways movement rather than a sustained trend.
As price now drifts back toward the lower end of the range, attention has once again shifted to the critical $1.58 zone, which has historically acted as a reliable floor.
XRP price key technical points
XRP remains range-bound between $1.58 support and $3.50 resistanceRepeated rejections near the range high reinforce the rotational structure$1.58 continues to act as a key liquidity zone that may define the next price rotation
The current trading range was firmly established after an impulsive move followed by a successful retest in 2024. Since then, XRP has oscillated between a range high near $3.50 and a range low around $1.58, repeatedly respecting both levels with high consistency. This type of price behavior is characteristic of mature ranges, where neither buyers nor sellers are able to maintain sustained control.
From a technical standpoint, large historical ranges of this nature typically remain valid until price decisively breaks and holds beyond one of their boundaries on a closing basis. Until such confirmation emerges, price action tends to rotate within the range rather than develop a directional trend.
Recent price action has further reinforced this structure. XRP’s latest attempt to rally toward the upper boundary was met with strong selling pressure, triggering a sharp downside reaction. This rejection highlighted the presence of active supply at higher levels, preventing acceptance above resistance. Crucially, the move did not result in a structural breakdown, instead pushing price back toward the middle and lower portion of the range.
Why $1.58 remains a critical level
The $1.58 area plays a central role in XRP’s market structure. It represents the lower boundary of the range and a zone where liquidity has consistently accumulated over time. From a market-auction perspective, price often gravitates toward such levels during corrective phases to absorb resting orders and rebalance positioning. A move toward $1.58 would allow XRP to clear remaining downside liquidity generated by recent selling pressure.
A test of this level does not necessarily imply bearish continuation. Historically, XRP has frequently rebounded from this zone once liquidity has been absorbed, leading to renewed rotations back toward higher resistance levels.
Market structure continues to support this interpretation. XRP has not established higher highs or lower lows outside the range, reinforcing its rotational character rather than signaling a trend. This lack of directional conviction comes as broader altcoin markets, including XRP, BNB, SOL, and ADA, remain under pressure amid December trading volumes falling to 2025 lows, increasing the likelihood of continued consolidation.
XRP price outlook
As long as XRP remains within its established range, rotational behavior is likely to persist. A move toward the $1.58 support would complete another full range rotation and could open the door for a rebound, provided the level holds on a closing basis.
A confirmed breakout would require a high-volume close above $3.50, while a sustained breakdown below $1.58 would indicate a structural shift. Until one of these scenarios materializes, XRP is expected to continue trading between $1.58 and $3.50.
Looking further ahead, Standard Chartered analyst Geoffrey Kendrick has forecast that XRP could reach $8 by 2026, citing improving regulatory clarity and progress toward XRP-linked ETFs as key drivers of the bullish outlook. Despite this longer-term optimism, XRP remains down more than 9% year-to-date.
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