XRP Holds Above $3 as Analysts Eye Breakout to $4.50

XRP

Getting your Trinity Audio player ready...
  • XRP maintains a strong long-term uptrend above $2.80–$3.00 support.
  • A break above $3.65 could trigger a rally toward $4.50.
  • Analysts see potential for a long-term move toward $10.

Stay ahead with real-time updates and insights—Join our Telegram channel!

XRP continues to show resilience as top market analysts point to a well-defined long-term uptrend supporting its bullish structure. Analyst Blake Stonks highlighted that XRP’s price has consistently respected a rising trendline since late 2024 — a formation that has served as a foundation for steady gains.

According to Stonks, this ascending line, currently sitting in the $2.80–$3.00 range, represents critical support. As long as XRP trades above this level, he believes the broader bullish momentum remains intact. “The uptrend is established — it’s all about maintaining it,” he wrote.

Key Support Defines the Bullish Structure

Each time XRP has tested this trendline over the past year, buyers have stepped in to defend it, confirming strong market confidence. This dynamic support suggests that long-term holders continue to accumulate during dips, reinforcing the uptrend.

However, Stonks also warned that a decisive close below $2.80 could shift sentiment sharply, potentially triggering a wave of selling pressure. Such a move, he noted, would mark a significant break in XRP’s bullish structure that has guided its rise for nearly a year.

Analysts Target $4.50 and Beyond

While Stonks focuses on XRP’s foundation, other analysts see a larger breakout forming. EGRAG, another well-known chartist, refers to XRP’s multi-year resistance level as “The Chasm,” projecting a possible move toward $10 when this barrier is finally broken.

Also Read: Cardano Eyes $15B DeFi Growth as Charles Hoskinson Pushes Bitcoin and XRP Integration

Meanwhile, CryptoWZRD sees signs of an imminent expansion after nearly a year of consolidation just below XRP’s 2018 all-time high. He believes a break above $3.65 could ignite the next major rally, first targeting $4.50 and potentially higher levels over time.

Outlook: XRP’s Path Depends on the Trendline

The consensus among analysts is clear — XRP’s long-term structure remains bullish, and the uptrend is well intact. As long as the asset holds above its rising support and breaks through $3.65, XRP could be poised for a powerful move toward new highs.

Stay ahead with real-time updates and insights—Join our Telegram channel!

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.