XRP breaking $3.30 confirms the uptrend, with next resistance between $3.35 and $3.40.
Analysts forecast a potential 156% rally toward $7 if XRP holds above $2.95.
Ripple’s legal case closure boosts confidence, supporting XRP’s continued upward momentum.
XRP breaking $3.30 again is very bullish, and the current chart structure suggests the uptrend has resumed. At the time of writing, XRP was trading at $3.31. The move above this level reflects strong continuation momentum and opens the path for further gains.
XRP Holds Above Key Levels as Technical Structure Strengthens
Market analysis by GalaxyBTC shows XRP breaking above the $3.30 resistance, reinforcing a long-standing ascending trendline visible from 2014 through 2026. The price previously broke the $1.7235 level in 2025 and consolidated near the $3.35 zone, setting the stage for a potential move higher.
https://twitter.com/galaxyBTC/status/1953671606577791262
Ali Charts noted that XRP had recently broken out of a triangle pattern on the weekly chart, targeting $3.34 as the next level. If the price holds above $3.13, it could challenge the next resistance area between $3.35 and $3.40. Sustained movement above that zone may push XRP toward $3.80 or even $4.30 in the coming sessions.
Technical indicators currently show mixed signals. The RSI is near 51, suggesting neutral momentum, while the MACD signals a mild bullish crossover. Support remains strong around $2.90, which has held during multiple retests.
Analysts See Bullish Setup Amid Broader Market Developments
According to an observation by Crypto King, XRP’s recent price activity closely mirrors the pattern seen in 2024. He identified two downtrend periods between June and November last year and again between January and June this year. He believes that the July breakout could be the beginning of a larger rally.
His analysis outlines a potential 156% price increase toward $7, provided that XRP stays above the $2.95 level. The estimation is consistent with the wider beliefs that XRP might move upward in case the major support areas are honored, and the buying momentum is consistent.
Ripple has also settled its legal battle with the United States SEC, although both appeals were dropped. The update by Ripple was confirmed by its Chief Legal Officer, Stuart Alderoty who said, “The end… and now back to business.” The legal clarity may support growing confidence in XRP’s outlook going forward.
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