XRP Targets $2.65 Following Powerful Rebound—$2.27 Emerges as Critical Support Level

XRP's chart is telling a story of resilience—and it's got traders leaning forward.

The Recovery Run

After a punishing dip that shook out weak hands, the digital asset didn't just crawl back. It staged a sharp, V-shaped recovery that sliced through overhead resistance. That kind of move doesn't happen on hope alone; it signals real buying pressure stepping in.

The Line in the Sand: $2.27

All eyes are now glued to the $2.27 level. This isn't just another number on a chart—it's the new foundation. If XRP holds above this zone, it confirms the recovery's strength and keeps the path north wide open. A break below it, however, and the recent rally risks being labeled another 'dead cat bounce'—the kind of temporary relief that gets crushed by the next wave of selling. It's the level that separates conviction from capitulation.

Destination: $2.65

With the foundation set, the next major target comes into focus: $2.65. Hitting that price would not only mark a significant technical achievement but also signal a return to a bullish structure many thought was lost. The momentum is there, but in crypto, momentum is a currency that spends fast if not backed by sustained volume.

The setup is clear. The asset has done the hard work of recovery. Now it needs to prove it can build from here—because in this market, a 'strong recovery' is just a prelude until it isn't.

Momentum Gains on 4-Hour and Daily Charts

Clearly, the price is above the $1.90 to $2.00 levels, so there is a shift from a bearish to a bullish market in the short term. The RSI on the 4-hour chart is in the upper 60s to lower 70s, reflecting strong buying but also a possible pause in the market action in the short term. The price is above $2.18 to $2.20, which was a resistance level, and is set to reach $2.30.

Looking at the daily chart, it can be seen that the market has remained under constant corrective pressures to make lower highs and lows since late summer. However, recently, the appearance of bullish candles indicates that buyers have begun to withdraw their support at the $1.90-2.00 zone, thereby converting it into a short-term support zone. The MACD is moving to the positive zone, while the Range Oscillator is indicating increased bullish power.

XRP Key Decision Zone: $2.30–$2.35

The zone around $2.30-$2.35 is an important area to watch for XRP. A closing breakthrough above that zone on a clean 4-hour chart could target the Fibonacci extension levels of $2.40, $2.48, and then the zone of $2.58-$2.65. These zones represent the 0.618 extension of the previous move and thus have high potential if the short-term consolidation is successful.