TimesTabloid
2025-07-11 15:44:46

Analyst Says XRP Will Print a Big Breakout to $3 Once This Hurdle Is Resolved

XRP has officially broken through the key $2.60 resistance level, marking a pivotal moment in its ongoing rally. This level, which had capped upside progress for weeks, has now given way, clearing the path for a renewed push toward $3.00. According to prominent analyst Cryptoinsightuk, this breakout confirms that XRP’s next big move is already underway, with $3.00 firmly in sight. XRP Breaks Above $2.60 Resistance Earlier this week, XRP staged a textbook breakout from a descending wedge formation, surging from $2.42 to $2.57 in a high-volume move. That rally brought the asset directly to the $2.60 barrier, one of the most important resistance zones in XRP’s recent price history. $XRP range breakout hit perfectly yesterday; Now, $XRP is fighting a key resistance level at $2.60. A break of this and we are looking at $3.00, then ATHs. I have just finished this weeks newsletter (out tomorrow) in this I've discussed when I think this happens, why and what… pic.twitter.com/D0f57nNn6o — Cryptoinsightuk (@Cryptoinsightuk) July 11, 2025 Now, that level has been decisively breached. XRP is trading above $2.60 with sustained momentum and growing volume, confirming a bullish continuation pattern. On-chain data shows major whale accumulation, with large wallets holding over 47 billion XRP, an indication that institutional players are fueling the move. Cryptoinsightuk, who first called the range breakout, noted that the structure was “hit perfectly,” and emphasized that breaking $2.60 would unlock a powerful upside continuation. With that condition now met, traders are laser-focused on $3.00 as the next key milestone . The Road to $3.00 Is Now Clear With $2.60 flipped into support , XRP is poised for further gains. Analysts expect minor resistance in the $2.70–$2.90 region, but there’s little standing in the way of a move to $3.00. Momentum indicators remain strong, with XRP recently printing a golden cross on the daily chart and buying pressure reflected in both volume and trend strength. A successful break above $3.00 would be a historic achievement. Despite surging as high as $2.90 during the late 2024 and early 2025 rally, XRP has not touched the $3.00 level since its all-time high of $3.84 back in January 2018. The current rally is the closest the asset has come in over seven years to reclaiming that price territory. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Fundamentals Support the Breakout XRP’s bullish momentum isn’t being driven by technicals alone. Ripple’s growing regulatory presence in Washington, its expansion into stablecoin markets through RLUSD (now exceeding $500 million in market cap), and increased global adoption of the XRP Ledger have all contributed to strong investor confidence. The lingering SEC case, though technically still open to appeal, has had less impact on sentiment. Ripple’s decision to drop its counter-appeal, and the expectation that the SEC may soon do the same, has removed much of the legal uncertainty that previously weighed on price action. $3.00 Is Within Reach Now that $2.60 has been broken, XRP’s path to $3.00 is wide open. The breakout has confirmed a bullish structure, institutional support is increasing, and broader market momentum is accelerating. As Cryptoinsightuk predicted, this move may be just the beginning. At the time of writing, XRP is trading around $2.91, just shy of the next psychological target. A successful push through $3.00 would mark XRP’s highest level since its all-time high in January 2018, and could set the stage for a retest of historic highs. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst Says XRP Will Print a Big Breakout to $3 Once This Hurdle Is Resolved appeared first on Times Tabloid .

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