XRP (CRYPTO: XRP) and Cardano (CRYPTO: ADA) have surged on Tuesday, with both tokens rebounding from key support zones. Still, neither has broken the structural barriers needed to end their multi-week downtrends.
Key Resistance At $2.25–$2.30 Continues To Cap Every Rally
XRP Price Prediction as of December 2nd (Source: TradingView)
XRP’s bounce has improved short-term stability, but the market is still struggling to break above the $2.25–$2.3 zone.
This area lines up with multiple moving averages and the upper boundary of the current triangle
Also, the upper boundary of the current triangle sits near the 0.618 and 0.786 retracements, turning this area into a stronger barrier than before.
A close above $2.3 would allow the market to target $2.41, followed by the broader pivot near $2.58.
Traders monitoring historical levels point to $2.58 as the first meaningful zone where a sustained reversal would become more plausible.
Support At $2 Remains A Line Of Defense For …
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