XRP Weekly Chart Signals Tight Consolidation Ahead of Wave 3 Target

• XRP holds steady but remains stuck in a long consolidation zone on the weekly chart.
• Momentum indicators show weakened demand and continued sell-side pressure.
• Traders set targets toward Wave 3 if major resistance barriers at $2.18 and $2.30 are broken.

XRP spent another week locked inside a tight trading band, with price circling around $2.08 and showing no strong movement in either direction. Expert TARA outlined a new wave structure that could define XRP’s path through 2025.

She set her next target for Wave 3 at $2.73, explaining that the asset must first clear two critical resistance lines at $2.18 and $2.30. These levels have repeatedly stalled upward attempts, and any clean break above them would mark the start of a stronger impulse move.

TARA added that support at $2.07 remains firm, but another retest cannot be ruled out. She expects Wave 4 and Wave 5 targets to shift slightly once Wave 3 is confirmed. 

Her outlook reflects a broader market view that XRP is still waiting for the right spark before confirming a new phase of upward momentum.

Also Read: XRP Fear Zone Signals Potential Rally with Target at $2.65

Weekly Chart Signals Lingering Pressure From Sellers

The weekly chart indicates that XRP has been in a state of prolonged consolidation. The price of XRP remains below a cluster of Fibonacci levels marked during the previous price action.

This marks the 0.618, 1.0, and 1.618 levels. This indicates that this particular asset requires more buying pressure to witness any price increase.

The Relative Strength Index brings a cautionary signal. This tool stands at about 41, which is lower than 50. This illustrates that the current players are still not in control. This tool has been decreasing steadily since the middle of this year, when a local peak was achieved.

This indicates a decline in demand. The signal line for this tool stands at 47.70. This remains above the reading. This indicates that bear pressure remains dominant in this phase.

XRP Struggles Below the $3 Barrier on Higher Timeframes

The MACD remains bearish for the weekly chart. The MACD line continues to be around -0.105, with a sizable negative gap when compared to the signal line of about -0.007.

The red histogram bars have again begun to extend after temporarily slowing down towards the end of summer. This indicates that buying momentum continues to reduce. There are no bullish crossovers that signal a turn in the uptrend.

XRP remains below $3 levels, which form a strong psychological level and correspond to major Fibonacci extension levels. Unless a strong closing pattern emerges above this region, any advancement towards a higher level would face rejection.

The zone between $1.70 and $1.90 remains a strong region of accumulation for support. However, until a strong catalyst emerges, XRP remains stable but needs a strong impetus to break towards higher resistance levels.

Also Read: XRP Fear Zone Signals Potential Rally with Target at $2.65