⬤ XRP is holding onto a solid bullish pattern on the higher timeframes, staying comfortably above a crucial $1.30 support level. The weekly chart shows a textbook breakout from years of price compression, followed by a powerful surge and now a healthy pullback that’s found support right where it should. The coin is sitting in what traders call a Fair Value Gap between $1.30 and $1.90—basically a zone where buyers have consistently stepped in to defend the price.
⬤ Looking back, XRP spent years trapped in a descending pattern that kept tightening until it finally broke free. That breakout changed everything, sending the price rocketing toward $3.20 before naturally cooling off. The current pullback isn’t weakness—it’s actually normal market behavior after such a strong move. As long as that $1.30 floor holds, the bullish structure stays intact.
⬤ The technical roadmap shows two main targets ahead. First stop is around $3.14, which lines up with previous resistance in the current range. But the bigger prize sits much higher—somewhere between $8.70 and $10. These aren’t random numbers; they come from measuring historical breakout patterns and projecting them forward. Of course, hitting those levels depends entirely on keeping that $1.30 support zone defended.
⬤ What makes this setup interesting is XRP’s role as a leading indicator for large-cap altcoins. When it moves, others tend to follow. Right now, the structure looks healthy as long as buyers keep protecting that $1.30 level. Drop below it, and we’d need to reassess. But for now, the chart tells a bullish story with room to run higher.
Trang này có thể chứa nội dung của bên thứ ba, được cung cấp chỉ nhằm mục đích thông tin (không phải là tuyên bố/bảo đảm) và không được coi là sự chứng thực cho quan điểm của Gate hoặc là lời khuyên về tài chính hoặc chuyên môn. Xem Tuyên bố từ chối trách nhiệm để biết chi tiết.
XRP Eyes $10 Target as $1.30 Support Zone Holds Strong
⬤ XRP is holding onto a solid bullish pattern on the higher timeframes, staying comfortably above a crucial $1.30 support level. The weekly chart shows a textbook breakout from years of price compression, followed by a powerful surge and now a healthy pullback that’s found support right where it should. The coin is sitting in what traders call a Fair Value Gap between $1.30 and $1.90—basically a zone where buyers have consistently stepped in to defend the price.
⬤ Looking back, XRP spent years trapped in a descending pattern that kept tightening until it finally broke free. That breakout changed everything, sending the price rocketing toward $3.20 before naturally cooling off. The current pullback isn’t weakness—it’s actually normal market behavior after such a strong move. As long as that $1.30 floor holds, the bullish structure stays intact.
⬤ The technical roadmap shows two main targets ahead. First stop is around $3.14, which lines up with previous resistance in the current range. But the bigger prize sits much higher—somewhere between $8.70 and $10. These aren’t random numbers; they come from measuring historical breakout patterns and projecting them forward. Of course, hitting those levels depends entirely on keeping that $1.30 support zone defended.
⬤ What makes this setup interesting is XRP’s role as a leading indicator for large-cap altcoins. When it moves, others tend to follow. Right now, the structure looks healthy as long as buyers keep protecting that $1.30 level. Drop below it, and we’d need to reassess. But for now, the chart tells a bullish story with room to run higher.