Usman Salis
XRP breaks key resistance at $3.00 with traders setting sights on $5.40. Critical support holds at $1.85 as bullish momentum builds.
XRP Price Action Heats Up as Bulls Take Control
XRP has finally broken free from months of sideways action, now trading confidently above $3.00. The breakout caught traders' attention across social media, with one viral post on X highlighting a potential game-changing setup.
The price action suggests a classic five-wave Elliott Wave pattern that could send XRP toward levels many considered unrealistic just weeks ago.
The $5.40 Question: Is XRP Price Ready for This Jump?
XRP now faces its biggest test at $4.35 resistance – where previous rallies stalled. But if it punches through with conviction, Elliott Wave projections point to a potential run toward $5.40.
The setup offers clear risk management: $1.85 support acts as a safety net, keeping the bullish thesis intact as long as XRP holds above this level.
What's compelling is how XRP handles volatility – absorbing selling pressure while maintaining upward momentum. This often signals bigger players accumulating positions.
The key is watching XRP's behavior around $4.35 resistance. A clean break with strong volume could unleash the next buying wave, fast-tracking toward that ambitious $5.40 target.
Usman Salis
