XRP Consolidates Near $2.31 With 2-Year SMA Chart Highlighting Market Compression Phase

XRP trades at $2.31, holding firm above the $2.21 support while facing resistance at $2.38, reflecting steady market control.

The 2-Year SMA Multiplier chart shows XRP consolidating between the ×2.65 and ×5 zones, marking a mid-cycle positioning phase.

Band compression within the SMA multipliers indicates reduced volatility, often preceding larger cyclical market movements.

XRP(XRP) was trading at $2.31, which is an increase of 3.7 per cent in 24 hours. The token has remained in a consistent motion since it stabilized above one of the critical support levels of $2.21. During the same time it increased by 2.2 percent over Bitcoin to 0.00002235 BTC, as well as keeping a resistance at around $2.38.

Latest figures of the 2-Year Simple Moving Average (SMA) Multiplier chart of Alphafractal demonstrate that the price of XRP is still in its long-term cyclical range. The graphical model follows the movement of the prices of XRP based on multiple-year averages and shows patterns of historical expansion and contraction of the value that conform to the overall market trends.

XRP Trades Within Mid-Range SMA Zones as Volatility Compression Signals Transition

The 2-Year SMA Multiplier bands, which range from ×1.42 to ×15, illustrate XRP’s movement within structured zones of accumulation and overextension. Notably, the chart shows price consolidations followed by strong upward reactions whenever XRP trades near its lower multipliers, historically around the ×0.5 to ×1 levels.

During previous cycles, breakouts above the ×5 and ×10 bands have coincided with significant expansions in market capitalization. Currently, XRP’s trajectory remains between the ×2.65 and ×5 zones, showing sustained mid-range activity. This position suggests that market participants are still monitoring how the token interacts with its intermediate resistance levels.

The structure of the SMA bands has also compressed in recent months, indicating a gradual transition phase after an extended accumulation period. The compression reflects declining volatility, which typically precedes a directional shift in multi-year cycles.

Historical Context and Market Implications

Historically, XRP has shown cyclical reactions to its long-term averages, often testing the 2-Year SMA ×1 line before entering stronger phases of momentum. In 2017 and 2021, similar compression zones preceded sharp expansions toward the ×10 multiplier range.

However, current market data indicates XRP is stabilizing rather than accelerating. The 2-Year SMA chart shows that prices have remained well above the ×1.42 line since late 2023, establishing it as a structural floor. This stability contrasts earlier phases where price repeatedly tested lower support zones.

Monitoring Future Movement

As XRP maintains levels between the mid-range multipliers, traders are closely observing whether it can approach the higher threshold near the $10 zone. The 2-Year SMA model still offers a clear visual basis of pointing to possible trend developments.

At present, the fact that XRP has not fallen below the point of $2.21 indicates that the short-term support is still in place and the boundaries of the short-term support are given by 24 hours between the points of $2.21 and $2.38. Multiplier structure still explains the market behavior in terms of larger cyclical parameters, which inform the continued technical observation.