12-4-2025 – XRP has surged with quiet confidence, climbing over 3% to hover at $2.06, a price that signals resilience in a volatile market. Analysts are eyeing this upward drift with keen interest, noting that the cryptocurrency has found sturdy footing in a critical Fibonacci support band between $1.89 and $1.99. This rebound has propelled XRP towards a formidable resistance zone, expected to lie between $2.15 and $2.17, where its momentum may face a stern test.
The current ascent appears to trace the contours of a corrective ABC pattern, with the ongoing C-wave potentially unfolding into a five-wave sequence. Should this trajectory hold, XRP might stretch towards the 100% Fibonacci extension, a level that echoes historical peaks and aligns with the 61.8% retracement of prior swings, offering traders a tantalising prospect.
Yet caution lingers in the air. The $2.15–$2.17 range is a pivotal battleground. If XRP remains ensnared in a broader wave 4 correction, a decisive breach above $2.16–$2.17 seems unlikely. A fleeting spike beyond this threshold could occur, but a sustained climb past $2.59 would upend the prevailing view of a corrective phase. For now, as long as the price action adheres to a three-wave structure, this rally may prove a fleeting uptick within a larger consolidation.
Traders are urged to keep a sharp eye on how XRP behaves around the $2.15–$2.17 zone, as its reaction could illuminate the path ahead. Meanwhile, the $1.89–$1.99 support remains a linchpin, anchoring the cryptocurrency’s near-term prospects. As long as this foundation holds firm, XRP’s current buoyancy could endure, sustaining hopes of further gains.
