Why XRP Price Is Stuck Within a Two-Year Trading Range While Targeting $1.58

XRP, the cryptocurrency utilized by the Ripple payment network, continues to be confined within a long-established trading range. Repeated rejections at resistance levels have maintained a rotational price movement, directing attention to significant support close to $1.58.

Key Takeaways

XRP has been trading within a stable range for nearly two years.
The price fluctuates between a high of approximately $3.50 and a low around $1.58.
Current market behavior indicates ongoing consolidation without definitive breakouts or breakdowns.
The $1.58 support level is critical and has historically been a strong point for XRP.
Analysts predict a potential price increase for XRP, projecting it could reach $8 by 2026.

XRP price remains stuck rangebound until proven

Overview of XRP Price Dynamics

XRPUSDT (1W) Chart, Source: TradingView

The current trading range for XRP was set after a significant price movement followed by a successful retest in 2024. Since then, the price has oscillated between a high near $3.50 and a low around $1.58, consistently respecting these levels. This kind of price behavior is common in mature trading ranges, where neither buyers nor sellers can establish lasting control.

From a technical standpoint, historical ranges of this size usually remain in play until the price breaks and consistently holds above or below one of the established boundaries. Until such a clear movement happens, XRP is likely to continue moving within this range rather than developing a clear directional trend.

Recent price movements further validate this range structure. XRP's latest upward attempt toward the upper boundary provoked a strong selling response, leading to a sharp drop. This indicates that sellers remain active at these higher prices, preventing the price from settling above the resistance level. This decline did not signal a structural breakdown but rather sent the price back toward the middle and lower sections of the range.

The Importance of the $1.58 Level

The $1.58 mark is crucial in this trading structure. It serves as the lower boundary of the current range and has been a zone where liquidity has built up over time. In the context of market operations, price often revisits these areas during corrections to clear lingering orders and reestablish balance.

A movement toward $1.58 would allow XRP to absorb any lingering downside liquidity caused by recent sell-offs.

A Test of $1.58: Normal Behavior, Not Bearish Trends

In the long run, movements like these signify standard rotational behavior rather than a trend reversal. Historically, XRP tends to bounce back from this level once liquidity is cleared, resulting in renewed movements toward higher resistance levels.

The market structure further supports this interpretation. XRP is currently exhibiting rotational traits instead of trending dynamics, with no significant higher highs or lower lows established outside its trading range.

This indecisive market sentiment coincides with broader altcoin trends, such as those seen in markets for BNB, SOL, and ADA, all of which are experiencing pressure as trading volumes in December plummet to their lowest levels in 2025.

Current XRP Price Action

As XRP persists in trading within its defined range, it is likely to continue displaying rotational behavior. A decline towards the $1.58 support would signal another range rotation and could potentially set the stage for a bounce, as long as this level holds through closing prices.

For a genuine breakout, a close with high volume above $3.50 would be necessary; conversely, a sustained dip below $1.58 would indicate significant structural shifts. Until either situation actually occurs, XRP is projected to remain within the range of $1.58 to $3.50.

Analyst Geoffrey Kendrick from Standard Chartered predicts that XRP could reach $8 by 2026, driven by clearer regulations concerning XRP and advancements towards XRP-linked ETFs. Currently, XRP has fallen by more than 9% year-to-date.

XRP price analysis YTD
Source: CoinGecko