XRP Gains Despite CTO David Schwartz’s Resignation: Is a Break Above $3 Next?

Over the past 24 hours, XRP has posted a 2.27% increase, signaling renewed strength despite broader market turbulence. The chart reveals a well-defined base within a critical demand zone that has been successfully tested multiple times in recent months. This level continues to act as the cornerstone from which bulls are building their scenarios.

Repeated Rebounds Confirm a Key Base XRP’s recent price action underscores the importance of this demand zone: 🔹 On July 5, the token surged after a sharp rebound from support, extending its rally into mid-month

🔹 On August 22, a similar bounce occurred, this time with stronger volume and a short-term uptrend

🔹 On September 18, XRP defended the zone once again, highlighting the market’s determination to hold this level Currently, XRP trades around $2.91, pressing against a descending resistance line that has capped multiple prior attempts. Importantly, the triple-bottom formation suggests sellers are losing momentum, while bullish setups are gaining ground.

Technical Indicators Point to a Bullish Scenario The chart structure indicates that XRP may be preparing for a broader breakout cycle that could play out into year-end. 📊 RSI is hovering near neutral, leaving room for upward pressure from buyers

📊 A confirmed breakout above $3.66 could establish a stronger bullish trend

📊 Some projections even point to a potential move toward $4, provided the descending channel is breached

David Schwartz Steps Down: A New Chapter for XRP Ledger Beyond technicals, a major fundamental shift has captured attention. David Schwartz, Ripple’s Chief Technology Officer (CTO) and a pivotal figure behind the XRP Ledger, has announced he will step down at the end of the year. In his statement, Schwartz:

🔹 Thanked XRP developers and ecosystem builders for over a decade of collaboration

🔹 Reassured the community he will remain involved in projects he is passionate about

🔹 Expressed confidence in the new generation of innovators to drive XRP forward His resignation is not viewed as a withdrawal, but rather as a natural leadership transition, positioning XRP for its next phase of growth and adoption.

Conclusion: XRP at a Crossroads Both technical and fundamental factors highlight that XRP is entering a critical stage: ✅ Repeated rebounds from the demand zone confirm strong buyer interest

✅ Triple-bottom structure signals resilience and potential for a breakout

✅ Leadership transition at Ripple may stir short-term uncertainty but reinforces long-term trust in the ecosystem

If bulls manage to push through resistance, XRP could soon target $3.66 and possibly $4, signaling a return to a more decisive uptrend.

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