if( length() > 0 ; ;XRP price shows bullish demand at $2.65, is a reversal to $3.65 ahead? )

XRP Price Consolidation and Support Analysis

Ripple (XRP) price is currently in a corrective phase, consolidating around the $2.64 support level. Despite recent pullbacks, higher timeframe charts maintain a bullish structure, with consistent demand emerging at this critical zone. Liquidity buildup suggests that a test of this support could trigger a bullish reaction, supported by technical indicators.

Key Technical Points

• Support at $2.64: This region has shown strong buying interest, with wicks indicating demand absorption, though it has not been fully tested with a candle close below.
• Technical Confluence: The 0.618 Fibonacci retracement level aligns with moving averages, historically providing robust support for trend reversals.
• Resistance and Targets: A breakout above dynamic resistance levels could propel XRP toward the all-time high of $3.65, contingent on increased volume and buyer momentum.

Volume analysis reveals declining participation during the correction, highlighting the need for a surge in bullish volume to sustain any upward move. The overall market structure remains constructive, viewing the current phase as a healthy retracement rather than a trend reversal.

Outlook and Implications

If XRP defends the $2.64 support on a closing basis, a reversal toward $3.65 is plausible. Traders should monitor volume indicators for confirmation of buyer strength. This analysis is based on technical patterns and should not be considered financial advice; always conduct independent research before investing.