XRP has been stuck in a long consolidation zone around 2.90, and that level has become the golden pocket for many analysts. It is holding firm despite weakness across the wider market. If price manages to close above 3.12, that would confirm the start of XRP wave 3. Historically, wave 3 delivers the strongest bullish outlook, and projections point to 4.47 and eventually 5.40. Other analysis lines up with this, suggesting that a move above 3 could open the way to 5.30, clearing the old high of 3.84.
Cycle Top Targets and Market Sentiment
In past cycles, this kind of move has cleared excess supply before stronger upside. Scenarios differ on the exact structure, but both point toward a cycle top. The important point is that no clear signals suggest a larger breakdown, and the 20 price target continues to dominate sentiment.
XRP Wave 3 and Symmetrical Triangle Setup
Analyst views mostly converge on the same triggers. Holding above 2.91 keeps XRP anchored in the golden pocket. Flipping resistance levels like 2.59 into support gives the chart a solid base. Some, like fintech analyst Armando Pantoja, even argue that traditional market-cap comparisons are outdated when it comes to technology tokens. He makes the case that XRP’s long-term potential comes from utility and adoption. He draws parallels with early Microsoft growth. Others see the symmetrical triangle as a natural pause between wave 3 and wave 4 before wave 5 carries prices higher.
Ripple’s On-Demand Liquidity Adoption
Beyond the charts, real-world adoption is driving the bullish outlook. Ripple’s On-Demand Liquidity, powered by XRP, is already being used by major banks including Santander, Bank of America, and American Express. It lets them move money internationally in seconds rather than days, without pre-funded accounts. Remittance corridors such as the Philippines to Singapore show the same effect on a smaller scale.
For a simple way to see it, think of XRP like a bridge currency. Just as loyalty points can be swapped across airlines, XRP lets banks convert one currency into another quickly and cheaply. Key levels to watch remain clear. Support holds near 2.90, resistance builds at 3, and again at 3.66. A daily close above 3 would be the most convincing signal of XRP wave 3 in play. The next price level to watch is 5.40. In the longer run, many expect the cycle top to land somewhere between 20 and 30. There are still risks. The near-term target sits at 5.40. Over the longer cycle, many see the top reaching 20 to 30. Regulation could change the outlook. Some traders may take quick profits. Broader crypto trends will also shape the path. Even with these risks, the structure still leans bullish.
This outlet only reflects how the market looks today. Before you invest, take time to do some research of your own.
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