**𝐗𝐑𝐏 Eyes \$5 – Key Technical Breakout Could Change Everything**
Despite recent short-term volatility, \$XRP’s path toward **\$5** remains intact. After a strong July rally that lifted the price from around **\$2.40** to nearly **\$3.60**, XRP is now consolidating near **\$3.20**—holding above crucial moving averages: the **20-day EMA at \$3.05** and the **50-day EMA at \$2.79**, underscoring the ongoing bullish trend.
**Technical Outlook:**
XRP faces resistance between **\$3.35–\$3.40**, marked by a descending trendline from late July highs. A decisive breakout above **\$3.60** could clear the way to the psychological **\$4.00** level, with **\$5** as the next major target. Maintaining support above the EMAs is key, as pullbacks to these levels may present prime accumulation opportunities for long-term investors.
**Growth Catalysts:**
* Positive overall crypto market sentiment
* Increased adoption in payment systems
* Strong fundamentals
If bullish momentum accelerates, these factors could align to push XRP through resistance and into its next growth phase.
**Bottom Line:**
Short-term pauses are possible, but the long-term structure remains bullish. Reclaiming **\$3.60** convincingly would signal renewed momentum, paving the way for XRP’s anticipated move toward **\$5**.