XRP Breaks Structure With Power — Now The Real Test Begins At $2.41

XRP has surged with impressive momentum, but it now faces a critical "cost-basis wall" at $2.41. On-chain data shows that roughly 1.56 billion XRP were accumulated between $2.39 and $2.41.

According to analyst Steph Is Crypto, this dense supply cluster represents a zone where holders may look to exit at break-even, creating significant resistance. However, if XRP clears this level, the next technical target is identified at $2.49 (the 0.618 Fibonacci extension).

"Wave 3 has delivered a powerful breakout beyond the 2.618 extension. As long as XRP remains above the macro 0.236 Fibonacci level, the bullish structure stays intact."
— Analyst Tara