XRP once again demonstrates impressive strength, showing strong growth despite short-term weakness signals. According to reputable market analyst CasiTrades, XRP has invalidated several bearish divergences, particularly on the 1-hour chart, and has successfully broken out. This type of volatility often signals a much larger price increase that may be underway. The next key level to watch is $2.69, aligning with the macro Fibonacci retracement level of 0.236.

Breaking Resistance with Force

After consolidating below the $2.45 level for several sessions, XRP has strongly broken through the short-term resistance. This breakout is particularly notable as it occurs despite technical indicators showing weakness.

In most cases, such divergence would cause a pullback, but this time it hasn't. XRP's ability to overcome difficulties shows strong fundamental momentum, potentially driven by institutional buying or whale accumulation.

The trading volume during the strong breakout is significant, and the price action remains solid despite the overbought conditions on shorter time frames. According to CasiTrades, this recovery is very rare and often indicates that the current trend still has considerable momentum.

The Path to $2.69

CasiTrades identifies $2.69 as the next major resistance level. This price area is a significant barrier, coinciding with the 0.236 Fibonacci retracement level, which often attracts price in trending markets. Between XRP's current price and $2.69, there are very few resistance levels, creating a clear path for subsequent price increases if the upward momentum continues.

However, the analyst warns traders not to rush to chase the breakout. Historically, XRP has only retraced to the 0.236 level during pullbacks, a sign of strong momentum. If this pattern continues, any correction from the local highs is likely to find support around the $2.45 level. This level is the most favorable area for strategic trades, especially for those traders who missed the initial breakout.

2 Possible Scenarios at the Price Level of $2.69

As XRP approaches the resistance level of $2.69, CasiTrades outlines two possible scenarios. The first scenario involves the price being rejected at this level, leading to a pullback to $2.45. This would provide the buyers another opportunity to buy at support and prepare for a second price increase.

The second, more optimistic scenario suggests that XRP will surpass the $2.69 level and then retest this support level. If this confirmation occurs, it could pave the way for a continued price increase towards $3.00 and possibly higher, marking a new phase in XRP's price discovery process.

In both cases, the $2.45 support level will remain crucial. As long as this level holds, the bullish trend remains intact.

Higher Time Frames Still Support

While shorter time frames show signs of accumulation, momentum on longer time frames remains strong. Both daily and weekly charts indicate an uptrend, with the Relative Strength Index (RSI) still high and MACD showing positive momentum.

XRP's trend structure is also very consistent. Each pullback finds support near predictable levels, confirming that this asset remains in a healthy uptrend. This technical strength, combined with growing optimism in the broader market, is reinforcing long-term investor confidence.

In this context, macro developments surrounding XRP continue to attract attention. Predictions about an XRP ETF in the United States and ongoing institutional interest in RippleNet add an additional layer of fundamental support, even if these developments have yet to impact short-term price volatility.

Final Thoughts

XRP is exceeding all expectations, showing strength where most other assets may weaken. With growth momentum and the next resistance level at $2.69 in sight, the coming days could be significant milestones. If this level is convincingly broken, XRP may be on the path to conquer important psychological levels like $3.00.

CasiTrades issues a final warning: "Don't buy in until exhaustion. Always calculate." As the market heats up, smart entry steps, patience, and discipline will distinguish winners from latecomers. Currently, XRP is still in control, with the $2.69 level being a key threshold to watch.