XRP Price Holds Near $2.75 as Analyst Maps Path Between $2.40 Risk and $3.70 Upside
XRP defies volatility—holding firm at $2.75 as traders eye a explosive run toward $3.70.
Analyst Insight: The Tightrope Walk
One top chartist lays out the battle lines: a drop to $2.40 spells trouble, but a breakout could rocket XRP to $3.70. The token's clinging to momentum—refusing to buckle under selling pressure.
Market Pulse: Calm Before the Storm?
Trading volumes remain elevated, signaling big players are positioning. Retail FOMO hasn’t even kicked in yet. If bullish sentiment holds, that $3.70 target isn’t just plausible—it’s probable.
Risks on the Radar
A break below $2.40 could trigger stop-loss cascades. But let’s be real—since when did crypto ever play by the rules? Traditional analysts keep drawing lines; XRP keeps redrawing the map.
Final Take: Greed or Caution?
XRP’s at a inflection point. Chase the pump or hedge the dump? Either way, someone’s about to make—or lose—a fortune. As always in crypto, the only certainty is volatility.
In a post on Sept. 1, Martinez followed up with a more optimistic roadmap.
His chart highlighted $2.70 as a crucial level to defend, a slightly lower support zone than before, and $2.90 as the barrier that XRP would need to break to turn momentum positive. If both conditions are met — holding the base and clearing the ceiling — his chart pointed to a potential rally toward $3.70.
In plain terms, Martinez laid out a step-by-step path: first avoid slipping lower, then push through resistance, and only then aim for a larger breakout.
CoinDesk’s 24-hour chart shows how this battle is playing out in real time. XRP reached as high as $2.8325 during the day before sellers pushed it back down, while the low of $2.7034 showed buyers stepping in to protect the lower end of the range.
That tug-of-war between bulls and bears fits neatly into Martinez’s framework. The $2.70–$2.77 area is being tested as a foundation, while the zone above $2.80 is acting as the ceiling. Trading volume spiked whenever XRP tried to break higher, reflecting resistance from sellers who are not yet willing to let the price climb further.
The price action underscores why Martinez’s levels matter: XRP is boxed in between the supports he identified and the resistance just overhead, leaving traders to watch whether buyers or sellers will seize control first.
For now, XRP’s direction hinges on whether it can stay anchored above its lower support zone long enough to gather the strength needed for a push toward $3.70.
