XRP broke out of a symmetrical triangle pattern formed during months of price accumulation, soaring more than 67% in less than two weeks. This price surge pushed the altcoin past multiple resistance levels, with the breakout above the crucial $3 level likely setting the stage for a rally to new record highs.
According to a cryptocurrency analyst on a recent YouTube podcast, the entire future of this price surge now depends on how XRP reacts to this crucial $3 price zone. This analyst considers $3 to be a recognized pivot point for XRP, given how this cryptocurrency has behaved around that level in the past.
$3 Is a Key Pivot Point for XRP's Next Move
Historical data shows that the $3 price level acted as a temporary support for this cryptocurrency after breaking above it in January 2025. This support level has resisted several attempts to break below it, but when it collapsed, the price fell sharply below $2.
XRP's subsequent efforts to reclaim the $3 threshold failed in March, resulting in a prolonged sideways accumulation phase. However, the most recent breakout above this key level has turned it into a support level, considering how often the price has tested this level before bouncing back. Therefore, the analyst's view is that XRP's future depends on how it reacts to the $3 level in the coming days.
According to this cryptocurrency analyst, holding above the $3 zone will pave the way for new all-time highs for XRP. Conversely, he believes that falling back below this level could trigger a pullback to $2.16.
Analyst Aims for New All-Time High of $4.10
The analyst notes that if XRP can hold above the $3 zone, it will pave the way for new all-time highs. Based on XRP's behavior after breaking out of a similar pattern in the past, he suggests that the current price surge could drive the price towards the $4.10 target. He also points out XRP's characteristic pace, noting that this altcoin could reach that target in just a few days if the bullish momentum continues.
