XRP Tests $2.40 Former 2021 High as Support

⬤ XRP is currently trading near a major historical price zone that acted as resistance during the 2021 run. The asset is now trying to flip that old ceiling into fresh support, while momentum indicators show a pullback toward more neutral territory. The latest chart reveals a corrective move into this area, and the market’s watching closely to see if the level holds.

⬤ The chart shows XRP consolidating just above the 2021 resistance band, which has now turned into a critical support floor. Recent candles show a three-wave corrective pattern dipping back toward this zone before stabilizing. Meanwhile, the RSI has fallen back toward the 50 line—an area that’s lined up with historical reset periods before momentum picked back up. The RSI trend has also been forming higher lows over multiple years, suggesting that momentum remains structurally strong even when XRP price pulls back.

⬤ This price behavior matters because XRP is one of the largest and most watched crypto assets, and flipping a former macro resistance into solid support is often seen as a major technical milestone. Traders commonly track RSI resets and key support retests to figure out whether momentum is just cooling off temporarily or actually weakening. If XRP holds steady at this 2021 high level, it would reinforce the broader story of healthy long-term structure. On the flip side, continued chop around this zone highlights the ongoing uncertainty across major crypto markets.