HomeCrypto NewsMarket'XRP Is Perfectly Positioned for a Move as Early as Tomorrow': Details

‘XRP Is Perfectly Positioned for a Move as Early as Tomorrow’: Details

Date:

Follow TheCryptoBasic

XRP is showing signs of an imminent move, as the current chart structure and volume behavior suggest the market is preparing for action.

This observation comes as XRP breaks below the $2 level over the weekend, with its price dipping by 6% over the past day. While the bearish move has stirred anxiety among holders, some market watchers are calling it a buying opportunity.

Key Points

  • XRP shows signs of an imminent move, with volume and chart structure suggesting market readiness.
  • Despite dipping below $2, strong volume support indicates buyers are actively defending key levels.
  • Analysts point to seller exhaustion and tightening structure as signs of a breakout.
  • A move toward $2.70 is possible if momentum builds, though macro pressures may slow upside.

XRP Volume Profile Signals Strong Buyer Interest

Notably, one of the strongest signs comes from the Volume Profile, visible on the right side of XRP’s long-term chart. According to market analyst Arthur, XRP is trading around a major high-activity zone where a large amount of buying and selling has previously taken place.

- Advertisement -

This area includes the Point of Control (POC), the price level with the highest traded volume. Price holding above this level suggests buyers are actively defending the zone, indicating strength rather than weakness.

Arthur's XRP long-term chart
Arthur’s XRP long-term chart

Signs of Seller Exhaustion Are Emerging

Meanwhile, on lower timeframes, selling pressure is fading. Volume bars tied to downward moves are shrinking, showing that each sell-off attempt is attracting less participation than before.

This pattern is commonly seen near the end of a pullback. As sellers lose momentum, buyers begin absorbing the remaining supply. When this happens at a key demand zone, it marks a potential turning point.

Market Structure Supports a Breakout Scenario

From a structural perspective, XRP is compressing rather than breaking down. Price is holding above support while volatility continues to tighten.

Arthur noted that when price structure aligns with supportive volume, it increases the probability of a breakout rather than a continuation lower.

Based on these observations, the analyst suggests XRP could see significant price action as early as today. At the moment, XRP is trading at $1.96, down 6% over the past day.

Watching the $2.70 Zone

If momentum builds, Arthur points to $2.70 as the next major target. This level sits in a liquidity-rich area above the current price, where resistance is relatively thin.

Notably, XRP last traded around the $2.70 level three months ago, in October 2025. Reaching this level from the current $1.96 price would require a gain of approximately 37.75%.

While modest in percentage terms, such price surges have proven difficult in recent times. XRP’s price has risen about 30% this year from $1.84 to $2.40. Meanwhile, it faced strong resistance that pushed it back below the $2 range.

Still, Arthur believes the situation could change over the next few hours. His outlook is based on a combination of strong volume support, fading sell pressure, stable market structure, and an upside liquidity target.

Factors Likely to Delay XRP Price Action

However, macroeconomic factors are weighing on the crypto market. New tariff measures announced by President Donald Trump on the UK, France, and Germany have triggered a broader market pullback over the past 24 hours. This explains XRP’s dip below $2 and Bitcoin’s dip to $92,000 today.

Interestingly, Arthur has acknowledged the impact of these tariffs on XRP’s technical outlook in a follow-up post.

Meanwhile, gold and silver continue to hit new all-time highs as investors seek safe-haven assets instead of crypto assets.

Regardless of short-term performance, some analysts continue to urge market participants to view XRP’s dip as a buying opportunity. They believe investors who capitalize on current prices could benefit from the uptrend when it eventually resumes.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttps://thecryptobasic.com
Abdulkarim Abdulwahab is a seasoned crypto journalist who has established himself as a trusted voice in the world of blockchain and Web3. His extensive knowledge of the crypto space enables him to break down complex concepts into accessible language.

More from Author

Latest Stories

Cardano Price Forecast for Feb 6: Here’s Key Level to Reclaim as ADA Falls Below Fib Extension

Cardano faces a critical resistance level at an important Fibonacci extension, as an expert analyst mentions crucial support areas. Cardano (ADA) is experiencing a sharp...

Dogecoin Price Prediction for Feb 6: Where Next as DOGE Reverses at Lower Bollinger Band Support?

Dogecoin attempts a reversal at key support, with analysts predicting potential long-term growth if it breaks through key resistance levels. Dogecoin (DOGE) has been on...

Bitcoin Sees Second-Largest Capitulation Spike in Two Years as Price Dips to $66K

Bitcoin is showing clear signs of market stress, as Glassnode data confirms one of the largest capitulation events in the past two years.  The spike...

Bitcoin Prediction for Feb 5: BTC Faces Resistance at Supertrend Level as Analyst Eyes Next Target at $57,600

Bitcoin faces resistance at the Supertrend level, with analysts suggesting a potential decline toward the 200-week SMA. Bitcoin (BTC) continues to show volatility, experiencing a...
Image Owned By The Crypto Basic. Logo Displayed In The Image Are Owned By Respective Crypto Project

Ethereum Price Outlook for Feb 5: Here’s Main Barrier for ETH as Active Addresses Hit ATH

Ethereum faces resistance near key levels, but the surge in active addresses signals growing network engagement and potential for recovery. Ethereum (ETH) is experiencing further...
Ethereum

Ethereum Price Outlook for Feb 4: ETH Struggles at Support Zones but Long Traders Remain Active

Ethereum struggles at key support levels but continues to see strong long positions, suggesting potential for a rebound if resistance is cleared. Ethereum (ETH) is...
XRP Falling

XRP Could Resume Downturn to $0.50 Before Next Major Rally

An XRP pundit has warned that renewed downside pressure could push the token back to levels last seen in November 2024.   Following the February 5...
XRP

PhoenixReborn Shares XRP Targets for February 2026 After $1.10 Bottom

After XRP price revisited the $1 range this week, analysts are now forecasting what comes next amid the ongoing rebound. ExtraVOD, founder of PhoenixReborn,...
Shiba Inu

Never a Better Time to Rack Up Some Shiba Inu: Analyst

Shiba Inu has hit the most important support level in its history, and analysis suggests there is no better time to buy than now. Shiba...
Shiba Inu SHIB

Shiba Inu Price Analysis for Feb 5: Where Next for SHIB as it Tests Lower Bollinger Band Support?

Shiba Inu tests critical lower Bollinger Band support as liquidations rise, with bearish momentum continuing and resistance near the upper band. The Shiba Inu (SHIB)...
Image Owned By The Crypto Basic. Logo Displayed In The Image Are Owned By Respective Crypto Project

Dogecoin Price Prediction for Feb 6: Where Next as DOGE Reverses at Lower Bollinger Band Support?

Dogecoin attempts a reversal at key support, with analysts predicting potential long-term growth if it breaks through key resistance levels. Dogecoin (DOGE) has been on...
dogecoin falling

Dogecoin Prediction for Feb 4: Stiff Support at $0.095 While Analyst Eyes Next Resistance at $0.135

Dogecoin is holding critical support, with key resistance levels at higher price zones, while analysts watch for a potential recovery. The Dogecoin (DOGE) market continues...

Guides