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Three attempts. Three failures. XRP can’t seem to shake the resistance sitting above it, and traders are getting impatient watching the same battle play out week after week.
Since early May, XRP has made three separate runs at breaking out of its consolidation range — and each time, sellers have shown up to push it back down. But here’s what’s interesting: the token keeps printing higher highs on every failed attempt. On May 6, XRP climbed from below $1.40 up to $1.45 before sliding back. Then it pushed past $1.50 and retreated again. Then Thursday came, and XRP hit $1.55 — a two-month high — before running straight into a wall of selling pressure. So the bulls aren’t giving up. They’re just not winning yet either.
Not yet, anyway.
The Two Levels That Matter Most Right Now
Analyst EGRAG CRYPTO has been pretty clear about what XRP needs to do. There are two resistance levels that basically define the next phase: $1.51 and $1.82. Breaking both of those, per EGRAG CRYPTO, would kick off what the Elliott Wave framework calls a bullish Wave 5 expansion — one of the most powerful moves in the model. The tricky part, EGRAG CRYPTO adds, is that Elliott Wave analysis is harder than it looks. The real challenge isn’t spotting the bullish waves — it’s correctly identifying the corrections. Get those wrong and you misread the whole setup. But once those corrections are mapped properly, Waves 3 and 5 tend to be where serious money gets made.
XRP hasn’t cleared $1.51 cleanly. That’s the problem. Every test of that level has ended the same way — rejection, pullback, reset. Whether the fourth attempt breaks through is anybody’s guess right now.
Meanwhile, Crypto Tony is watching a wider picture. He’s tracking the $1.30-to-$1.55 band that XRP has been stuck in for over three months. Three and a half months of range-bound trading, no decisive break in either direction. His read is simple: wait. He’s not adjusting his exposure until XRP actually commits — either up through $1.55 or down through $1.30. A clean break one way or the other is what he wants to see before changing anything. Until then, it’s probably just noise.
Short Liquidations and What They Could Mean
Analyst CW brought up something worth paying attention to. A lot of short positions in XRP’s futures market have already been liquidated. That’s not a small thing. When high-leverage short positions get wiped out, it removes one of the main forces that can drag a price down fast. With fewer of those bets sitting in the market, any upward move has less resistance from forced selling on the way up.
CW’s point is basically this: if long positions stay moderate — meaning traders aren’t piling into overleveraged longs either — the market could see a more stable rally. Not a violent spike that reverses hard, but something more sustainable. That’s the scenario CW seems to think is plausible, given where leverage sits right now.
It’s a meaningful backdrop for everything else happening. XRP’s repeated tests of resistance look different if the futures market is relatively clean underneath. A cleaner market structure doesn’t guarantee a breakout, but it probably makes one less likely to immediately blow up if it happens.
What Traders Are Actually Watching
The range has been stubborn. Three and a half months is a long time for a crypto asset to stay locked between two levels, and patience is wearing thin in some corners of the market. But the pattern of higher highs — each failed breakout attempt still landing higher than the last — keeps the bull case alive. That’s not nothing.
XRP’s situation is pretty much a waiting game at this point. EGRAG CRYPTO sees the $1.51 and $1.82 levels as the gates to a bigger move. Crypto Tony won’t touch his position until the range breaks. CW thinks the short liquidations set up a healthier foundation if bulls can get organized.
And the market keeps watching.
What’s unclear is timing. None of the analysts put a specific date on when a breakout might come, and that’s probably honest given how many times the setup has looked ready and then stalled. XRP has reached $1.55 — a two-month high — and pulled back. It’s done that before. Whether the next push goes further or collapses back toward $1.30 is the question nobody can answer cleanly right now.
Crypto Tony’s waiting for the break. EGRAG CRYPTO’s watching $1.82 as the real line in the sand. And XRP is sitting right around $1.55, three attempts deep, with sellers still showing up.
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Frequently Asked Questions
What are the key resistance levels analysts are watching for XRP?
Analyst EGRAG CRYPTO has flagged $1.51 and $1.82 as the two critical resistance levels XRP needs to clear to potentially trigger a bullish Wave 5 expansion under Elliott Wave theory.
How long has XRP been trading in its current range?
Per analyst Crypto Tony, XRP has been range-bound between $1.30 and $1.55 for over three months, with no decisive breakout in either direction during that period.
