XRP Primed for Breakout: 5% Surge Signals Imminent Rally Past $2.50 - $2.70
XRP bulls are charging after a 5% spike—and the charts scream this is just the warm-up.
The Setup:
Ripple's token just bulldozed through resistance like a hot knife through regulatory FUD. Liquidity pools are stacking up at the $2.50-$2.70 range, and whales are circling like they smell blood in the water.
Why This Matters:
Market makers love these clean technical breaks. No messy fundamentals required—just pure, unadulterated chart poetry (and maybe a few well-timed tweets).
The Punchline:
Watch the $2.70 level like a hawk. Break that, and even the most jaded crypto skeptics might dust off their 'to the moon' memes—right after they finish complaining about how 'this market makes no sense.'
Source: Coingecko
XRP Could Head Towards $2.50 to $2.70
The Ripple’s native token rebounded from a low of $1.95 last month to a high of $2.42. That’s an uptick and return on investment (ROI) of approximately 25% in less than a month. An investment of $1,000 could have turned into $1,250 in a short period. Now that the leading altcoin is continuing its positive momentum, the potential of an upward swing remains high.
If the upward trajectory continues, the next resistance level for XRP is expected to be around the $2.50 range. Bulls are expected to take an entry position at this level that could lead to a price boost. If the altcoin maintains a stable record at $2.50, the next resistance level is projected at the $2.70 range. That’s a profit of around 11% if it holds on to its resistance level.
Bulls Eye a Price Target of $3
The bulls have locked in their target for XRP at the $3 range. If the altcoin breaks above the $2.50 and the $2.70 level, the chances of hitting $3 remain high. Data shows that there’s an increase in call strikes with traders placing bets for XRP at $2.80 and $3. This is also among the reasons why its trading volume soared to $4.4 billion this month. If XRP reaches the $3 mark, the massive sell-offs and profit bookings could make its price fall lower.
