Analyst: Next Is $7 Once XRP Clears This Rigid Hurdle
Main Idea
An analyst predicts that XRP could reach $7-$9 if it breaks through the $3.50 resistance level, a key technical barrier historically significant since 2017.
Key Points
1. XRP is currently trading around $3.47, just below the $3.50 resistance level, which has historically capped its price during the 2017–2018 bull run.
2. Breaking the $3.50 resistance could trigger a rally toward $7-$9, with potential Fibonacci extension targets at $9.11 and $15.04.
3. Market dynamics, including Bitcoin's strength above $117,000 and institutional interest in XRP, support the bullish case for XRP's price movement.
4. On-chain metrics indicate strong support for XRP, validating the potential for a significant price surge if the resistance is cleared.
Description
XRP is once again in the spotlight as analysts turn attention to a critical price level that could define its next major move. After staging a strong recovery in 2025 and recently surpassing its previous all-time high, a r ecent flash crash has sent its price to $3.20 region. According to chart analyst XRPunkie on X, the digital asset is consolidating just beneath a long-term resistance trendline, one that has historically served as a major obstacle for upward momentum. XRP Stalls Below a Key Te...
Latest News
- Expert: 500 XRP Has the Power to Change Lives. Here’s why2025-07-25 00:06:15
- XRP Projected Price if It Captures 20% of Global E-Commerce Transactions2025-07-24 23:41:34
- Analyst Who Called Recent XRP Dump Just Dropped Another Prediction2025-07-24 23:04:19
- Smart Investors Are Rushing Into Ruvi AI (RUVI), The $0.015 Audited Token Tipped to Be the Next Bitcoin (BTC)2025-07-24 22:17:13
- This Top Indicator Says “Buy XRP Now”. Here’s why2025-07-24 21:15:11