- The asset is supported by the bullish trend above the support at $2 and analysts expect more upside targets of up to $10 should $ 2.90 resistance levels be decisively breached.
- Technically the structure presents a decisive pathway forward, where resistance at $2.90–3.10 is both a breakout trigger and steady support at the upper range of $2.10–2.40.
- Regulatory progress and XRP ETF updates support growing confidence, while strong $9.93 billion trading volume reinforces potential for extended cycle growth.
XRP is trading at $3.03 after a notable 7.74% surge in 24 hours, holding firm above critical support zones. Traders are monitoring whether this cycle can extend toward the much-anticipated $10 level.
Strong Technical Structure Above $2
Analyst Crypto Patel observed that XRP has broken its multi-year downtrend and entered a new range between $2.10 and $3.10. This move emerged from a long consolidation near $0.80, forming a base before breakout and range continuation.
The zone between 2.10-2.40 is quite necessary in sustaining momentum. As long as this area is not broken, the higher-time-frame structure remains in favor of the bullish outlook Below, $0.80 stands as a historic pivot that shaped previous cycle turns.
The major resistance level is around 2.90 to 3.10. A clear closing above this level should open liquidity targets of between $3.5 and $4. Beyond that, technical projections extend toward $4.8–$5.0 and $6.8–$7.2. A measured move from the current range even aligns with the $10 zone.
Analysts Outline Roadmap to Higher Levels
Patel explained that a breakout and acceptance above $4 often propel assets into price discovery, where past trading history offers little resistance. Such conditions could drive XRP toward cycle extension targets between $8.5 and $11.
The roadmap also provides clear invalidation points. If XRP falls back inside the $2.00–$2.10 range with sustained closes, momentum may weaken. In that case, mean reversion could revisit $1.30 or even the $0.80 foundation in harsher scenarios.
This framework has drawn attention across the market. Traders view the $2.10 zone as the anchor for bullish continuation, while $2.90–$3.10 stands as the launchpad toward upper-cycle objectives.
Regulatory Progress and Institutional Interest
Beyond technical levels, developments in regulation and institutional interest are adding weight to sentiment. Legal analyst James K. Filan confirmed that the Second Circuit has approved the Joint Stipulation of Dismissal in the Ripple case, a matter followed closely by the XRP community.
Meanwhile, Bloomberg’s James Seyffart reported that several XRP ETF filings were updated by issuers after SEC feedback. He described the changes as expected but still a constructive signal for the process.
These updates coincide with rising trading activity. XRP’s daily trading volume reached $9.93 billion, reflecting robust market participation. With price consolidating above $3, conditions appear set for the next directional move, with the $10 rally still in focus.
