Usman Salis
XRP is holding firm at a critical juncture, and traders are watching for what could be the next significant move. With the cryptocurrency maintaining key support levels, analysts are pointing to a breakout scenario that could deliver solid gains.
XRP (XRP) Finds Strong Support at $3.099 Level
XRP is holding rock solid at the $3.099 support level, showing buyers are stepping in every time the price dips to this zone. The $3.00 psychological barrier keeps pulling in fresh buying interest, which traders see as a bullish signal.
The price is stuck in a tight range between $3.10 and $3.48. While this looks like sideways action, it's actually a classic consolidation pattern that often precedes explosive moves.
XRP (XRP) Price Breakout Could Unlock $3.60 Target
Traders on are sharing analysis suggesting that if XRP breaks through $3.48 resistance, we could see a rapid move toward $3.60 - a potential 16% gain from current levels.
The $3.48 level has been acting like a lid on price action, but pressure keeps building. Market sentiment remains bullish as long as XRP stays above $3.00, and a clean break above $3.48 with decent volume could trigger the next leg higher.
The $3.60 target represents a logical resistance level based on previous price action. If XRP reaches this level, it could set the stage for even higher targets ahead.
Usman Salis
