𝐗𝐑𝐏 𝐄𝐲𝐞𝐬 $𝟓 – 𝐓𝐡𝐞 𝐓𝐞𝐜𝐡𝐧𝐢𝐜𝐚𝐥 𝐁𝐫𝐞𝐚𝐤𝐨𝐮𝐭 𝐓𝐡𝐚𝐭 𝐂𝐨𝐮𝐥𝐝 𝐂𝐡𝐚𝐧𝐠𝐞 𝐄𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠

Despite short-term volatility, $XRP ’s path to $5 is far from over. Following a strong rally in July that propelled the price from the $2.40 range to nearly $3.60, the asset is now consolidating around $3.20. This pause is occurring above key moving averages the 20-day EMA at $3.05 and the 50-day EMA at $2.79 reinforcing the underlying bullish trend.

Technical Outlook

Currently, XRP faces resistance in the $3.35–$3.40 range, defined by a descending trendline from late July’s highs. A decisive breakout above $3.60 would open the path toward the psychological $4.00 barrier, and from there, $5 becomes an achievable target. Maintaining support above the EMAs will be crucial, as pullbacks into these zones could be viewed as prime accumulation opportunities for long-term investors.

Catalysts for Growth

Positive sentiment in the broader crypto market, increased adoption in payment systems, and strong fundamentals continue to act as growth drivers. If bullish momentum builds, these factors could align to push XRP through resistance and into its next growth phase.

Bottom Line

While short-term hesitation is possible, the long-term structure remains bullish. A firm reclaim of the $3.60 level would signal renewed momentum, setting the stage for XRP’s long-anticipated journey toward $5.