XRP price shows bullish demand at $2.65, is a reversal to $3.65 ahead?

XRP price action is consolidating around major support, with demand consistently stepping in at higher timeframes. If buyers defend this critical region, conditions are aligning for a potential move back toward all-time highs.

Ripple (XRP) price has entered a corrective phase despite some notable catalysts for growth, but higher timeframe charts remain bullish as demand continues to appear near critical support levels. The $2.64 region has emerged as a pivotal zone where liquidity buildup is visible, suggesting a potential reaction if officially tested. With moving averages and Fibonacci confluence adding weight to the level, traders are closely watching whether a reversal will spark the next leg higher.

Key XRP price technical points

• High Timeframe Support at $2.64: Region shows strong demand and liquidity buildup, yet to be fully tested.
• Confluence with MA and 0.618 Fibonacci: Technical alignment strengthens the probability of a bullish reversal.
• Dynamic Resistance Break Needed: Clearing resistance would open a path toward the all-time high at $3.65.

XRP’s price action has been gradually correcting, but wicks around $2.64 highlight sustained buying pressure at this key support. Despite not being officially tested with a candle body, the demand profile suggests that an eventual retest could trigger a bullish reaction. Liquidity buildup above this zone further raises the probability of a reversal, as sellers are absorbed and buyers step in.

Adding strength to this area is the technical confluence of the 0.618 Fibonacci retracement level and the moving average. Historically, when such overlaps occur, they often provide robust support for reversals and continuation of the prevailing trend. As long as the price holds above this region on a closing basis, the bullish structure of consecutive higher highs and higher lows remains valid.

A break above the dynamic resistance that has capped XRP’s upside would provide the space needed for momentum to drive price action toward $3.65, the all-time high. The overall market structure remains constructive, with this correction better viewed as a healthy retracement rather than a trend reversal. As long as daily or weekly candle bodies do not close below the support zone, the bullish outlook remains intact.

From a volume perspective, XRP’s profile shows declining nodes, signaling reduced participation during this corrective phase. For any move higher to be sustained, a strong influx of bullish volume will be required. This resurgence in participation would validate the defense of the support level and give bulls the momentum needed to attempt a rally back into price discovery territory.

What to expect in the coming price action

XRP is approaching a high-confluence support zone at $2.64, where demand has consistently absorbed selling pressure. A confirmed test and bounce here could catalyze a rotation back toward the all-time high at $3.65. As long as volume supports the move, the probability of XRP rallying into new highs increases significantly.