Peter Smith
XRP holders might want to pay attention right now. The crypto is sitting at a critical junction where old resistance has potentially become new support—and if history has taught us anything about XRP, these moments can lead to explosive moves. Here's what's brewing beneath the surface.
XRP Price Finds Its Footing at Critical Support
XRP is currently trading around $3.02, having bounced between a daily high of $3.10 and low of $2.78. Despite showing a weekly decline of 2.26%, the token is doing something pretty interesting—it's holding firm at what used to be major resistance.
Crypto analyst @matthughes13 pointed out something crucial: even on a linear scale, XRP's chart structure shows that previous resistance levels have now flipped into solid support. This kind of role reversal is exactly what technical analysts love to see before major breakouts.
The magic zone appears to be between $3.00 and $2.80, where buyers have consistently stepped in to defend the price. It's like XRP has found its new home base, and that's often a sign that bigger moves are coming.
XRP Price Eyes $5 Target as Bulls Gather
If XRP can keep its head above water in this $3.00-$2.80 support range, the next stop could be a serious run toward $5.00. That target aligns perfectly with long-term trendline resistance, making it a realistic goal rather than wishful thinking.
The beauty of this setup is that it allows for some sideways action first. Sometimes the best rallies come after a period of consolidation, where the market builds up steam before the next explosive leg higher.
Sure, there's always downside risk if support fails, but XRP has a track record of turning former resistance into launching pads for future rallies. For patient holders, this could be exactly the kind of setup that leads to those life-changing gains crypto is famous for.
Peter Smith
