XRP Analysts Predict Major Breakout as Price Holds Near $3

XRP price

The XRP price has jumped a fraction of a percentage in the last 24 hours, to trade at $2.97, on a 3.94% decrease in the daily trading volume, to $6.53 billion.

The rise comes as two analysts share bullish views on XRP. Trader Javon Marks sees the price possibly jumping 226% to $9.90, and even reaching $20 if it breaks key resistance levels. He compared the current pattern to past accumulation phases that preceded major price rallies.

At the same time, analyst Ali Martinez noted a buy signal on the TD Sequential indicator, signaling the potential start of a new upward trend. Institutional interest, such as CME Group’s upcoming XRP and Solana futures options, adds to the optimism.

Although XRP has held steady above $3, traders are closely watching to see if it can break past resistance and trigger the next major rally.

XRP Shows Signs of Bullish Reversal, Targets $4

XRP is showing new strength as the price bounces back from recent lows, with traders eyeing a possible move toward $4. The token has managed to hold a strong support zone around $2.60–$2.70, which has been tested several times over the past months.

In August, XRP faced a false breakout that pushed prices down, but the token quickly recovered. The latest chart shows XRP breaking above a downward trendline and forming what looks like a bullish reversal. This shift in momentum is giving investors fresh confidence that higher prices could be ahead.

The target price now being discussed is around $4.00, nearly 30% higher than the current level of about $3.00. If XRP reaches this target, it would be one of the strongest rallies for the token this year and a clear sign that buyers are regaining control.

The Relative Strength Index (RSI), which measures momentum, is sitting around 50. This neutral reading shows XRP isn’t overbought and still has room to go higher without strong selling pressure.Traders say this technical setup supports the case for more upside in the weeks ahead.

XRP has been trading for months between resistance at $3.30 and support near $2.70. Breaking past $3.30 and holding that level could be the final signal that XRP is ready to push higher toward $4. On the other hand, if the price falls back under $2.70, the bullish outlook may weaken.

For now, the overall mood in the XRP market is optimistic. Holding key support and showing signs of reversal gives bulls the upper hand. With momentum shifting in their favor, XRP holders are watching closely to see if the token can confirm the breakout and start a stronger rally.

About Author

Charles Kibue

About Author

Charles Kibue

Charles Kibue

Charles is a crypto journalist with years of hands-on experience in the blockchain world. He has a talent for turning complex crypto news into simple, clear stories. As a contributor to Coinnews and InsideBitcoins, Charles keeps readers up to date with accurate and easy-to-understand insights on the latest trends, tech, and market moves.
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