XRP Targets $3 as Analysts Eye $5.50–$9.95: Here’s Why Support Levels Matter

XRP breaks a multi-month range, reclaiming $0.83 support and eyeing targets above $2.60 amid bullish momentum.

Experts project XRP's potential to reach $5.50–$9.95 if it clears critical resistance zones and sustains its ascending structure.

Volume-backed breakout from a descending channel positions XRP for a test of $3.00 with strong support at $2.40.

XRP has maintained a bullish technical structure after breaking out of a multi-month range and reclaiming key support levels. With multi-timeframe alignment and volume-backed reversals, analysts point to high-confidence targets above previous resistance.

Breakout Validates Long-Term Support Strength

XRP continues to respect its ascending trendline from 2017, showing no signs of structural breakdown after recent tests. Buyers defended the $0.83–$0.90 zone, which aligns with historical consolidation and trendline contact. Analysts now assess how this positioning may unlock upside toward multi-year resistance zones.

As price reclaimed resistance near $0.8542, one analyst mapped XRP’s multi-decade chart and emphasized the repeated defense of long-term support. Each decline since 2021 has bounced near the same zone, forming consistent higher lows while maintaining volume absorption during dips. The analyst stressed that this behavior reflects controlled accumulation across cycles, not distribution.

Source: Post on X

Looking at resistance compression, XRP’s rejection zone between $1.80 and $2.00 remains critical. It was tested in 2018, 2021, and again in 2024, creating a horizontal ceiling above rising demand. The analyst explained that breakouts from ascending triangles with flat resistance tend to accelerate sharply, especially when retests succeed.

To quantify this possibility, the analyst outlined upside targets between $5.50 and $9.95, derived from impulse extension patterns. A secondary zone near $14.83 was drawn from Fibonacci long projections. Market optimism around ETF approvals and Ripple’s RLUSD approval, combined with weakening BTC dominance, adds fuel to the structural outlook. However, holding above the $1.70 pivot is essential to avoid invalidation.

In Another Perspective, Daily Breakout Resets Momentum

On the shorter timeframe, XRP pierced the top of a descending channel that spanned February to mid-May, signaling trend reversal. Price now fluctuates between $2.20 and $2.60, reclaiming a tactical edge after months of lower highs. This structure invites technical questions about resistance, sustainability, and market appetite at $3.00.

Source: Post on X

Price movement within this channel was well-defined, with clear touches at both boundaries. Candlestick signals marked decisive rejection in early May, but momentum shifted sharply on May 16 as XRP crossed $2.40. The horizontal zone, previously acting as resistance, now serves as localized support, stabilizing further upside moves.

Increased attention now falls on the $2.60 mark, last tested in April. If buyers absorb supply cleanly here, $3.00 may once again come into focus. Volume trends and RSI shifts would add clarity, but structurally, XRP now sits outside the bearish formation for the first time in four months.

Multi-Timeframe Confluence Reinforces Market Structure

The convergence between long-term bullish formations and short-term breakouts positions XRP at a key inflection point. With ascending trendlines still intact and near-term momentum reclaimed, analysts await reaction at $2.60–$3.00 to validate or cap continuation attempts.

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