XRP Price at a Crossroads: Top Analyst Pinpoints Two Make-or-Break Levels to Watch
XRP traders, brace yourselves—the next big move hinges on these critical thresholds.
### The Bull and Bear Battle Lines
A veteran crypto strategist just flagged two key levels that could dictate XRP’s short-term fate. Break one, and the bulls charge. Lose the other, and it’s a slide back to consolidation. No fluff, no hype—just the numbers that matter.
### Why This Matters Now
With the SEC circus (finally) winding down and institutional money sniffing around altcoins, XRP’s technicals are screaming for attention. Forget the ‘fundamentals’—today’s game is all about liquidity grabs and leverage flushes.
### The Cynic’s Corner
Of course, if history repeats, retail will pile in at the top just as the whales cash out. Some things never change—even in the ‘decentralized’ future.
Following the top was a phase of price correction, where XRP failed to break above a descending resistance originating from its January high of $3.40. The token consolidated below the trendline for five months until breaking out in early July.
After the breakout, XRP retested the $3.40 resistance and temporarily broke above it to a multi-year high of $3.66 the same month. Nonetheless, the bullish momentum quenched there, with XRP dumping from the area to $2.73 on August 3.
Either $3.40 or XRP goes to $2.40
Notably, XRP still struggles to trade above the $3.40 resistance area, and van de Poppe notes that the trend either changes or further corrections WOULD follow. He emphasized that XRP would interest him when it reclaims the crucial level or dumps to between $2.60 and $2.40.
The support level between $2.60 and $2.40 is a former resistance zone where XRP stalled several times between December and now. It struggled at that level in December 2024 despite the Trump-inspired bullish momentum before breaking free in January.
XRP also struggled around the area twice in March and May. It reached highs of $2.64 and $2.58 in March and $2.65 in May, all followed by a rejection. Van de Poppe highlighted that the $2.60 and $2.40 price zones, which would entail an 18% and 24% correction from the current market price of $3.17, would be XRP’s following targets if it fails to reclaim $3.40.
XRP Bulls Insist On Higher Prices
Despite van de Poppe’s cautious call, several other market analysts are insistent on higher prices of XRP. Patrick Riley, a self-acclaimed market veteran, has likened not being bullish on XRP to being unserious, projecting an almost 10x rally for the prominent cryptocurrency.
Gert van Lagen also shared a similar sentiment, predicting that XRP is about to rip. The macro strategist asserted a rally to $34, citing the completion of a seven-year double-bottom retest.
