XRP Price Prediction: Analyst Maps Rally to $2.55 as Macro Accumulation Zone Holds
XRP continues to trade in a consolidation phase, with technical analysts divided between a cautious short-term outlook and an increasingly constructive long-term picture. While current market indicators point to limited momentum, several chart analysts argue that the XRP priceremains within a historically significant accumulation zone that could support a broader recovery if key resistance levels are reclaimed. XRP price holds key macro accumulation zone A long-term XRP/USDT chart shared by an independent market analyst suggests that the current consolidation may represent a classic accumulation phase rather than the start of another bearish leg. A major horizontal resistance zone between $2.50 and $2.60 remains the key long-term hurdle, serving as the primary macro target and structural ceiling for the current market cycle. Source: Lingrid on TradingView According to the analysis, XRP has spent nearly two years forming a large symmetrical triangle on the higher timeframe. The lower boundary of that pattern has repeatedly acted as macro support, with buyers consistently stepping in during previous market corrections. The chart also identifies a grey accumulation region surrounding current price levels, describing it as an institutional buying area where larger market participants may be building positions before any sustained breakout. The analyst wrote: Discover more Merchant Services & Payment Systems Brokerages & Day Trading Financial