XRP is now trading at $3.17, pushing past the crucial $3.03 mark that analysts have long identified as a major breakout level.
With less than a day left before the monthly candle closes, all eyes are on whether XRP can hold this line and close above it—something it has never done before in its price history.
According to popular market commentator EGRAG CRYPTO, this breakout represents what he calls “The Chasm,” a critical resistance zone.
He emphasized that surpassing it isn’t just symbolic—it could mark the beginning of XRP’s next major bull cycle. Historical patterns shown in his shared chart outline three distinct growth phases, with each prior breakout leading to significant upward momentum. This $3.03 level, he suggests, is not only a technical barrier but also a psychological turning point.
