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XRP has entered a critical trading phase, as analysts point to its attempt to recover towards higher price levels. According to market analyst Ali, the coin is currently undergoing a recovery phase that may extend to $3.60.
Market activity shows renewed interest after the price of XRP rose from $2.76 to $3.05. However, the situation presents several key levels that may determine whether this momentum will continue to develop or weaken.

Support and resistance levels
Direct resistance is between $3.15 and $3.20. This level, which was previously support, has turned into resistance and now forms a key barrier in the short term. The price has tested this range.
The price chart of the XRP/USDT perpetual contract over 4 hours.
On the negative side, the medium-range support lies near $2.85-$2.90. This area has previously witnessed price consolidation before buyers entered. The repeated reactions here indicate strong buying interest, but the volatility also shows liquidity absorption. These sharp movements suggest that whales or institutions may be leading stop-loss orders before pushing the market up again.

Liquidity and Whale Activity
The broader perspective shows a specific range between $2.76 and $3.65. Historical price movement indicates that the $3.65 level has formed a major resistance, as previous attempts to rise were decisively rejected.

The repeated wicks on both sides of this range indicate liquidity-driven volatility, suggesting movements that reflect institutional activity. The recent rise from $2.76 to $3.05 shows a resurgence in buying activity, but XRP must decisively break the $3.20 level to confirm momentum.

In the event of no clear breach, analysts indicate the risk of a retest of the support level at $2.76. This level is crucial for maintaining market stability in the short term.