Ripple's XRP is trading around $3.03, up 8% in the past 24 hours despite a 3% decline over the past week. Trading volume reached $10.23 billion, indicating strong participation as this token tests important price levels. Market observers are focused on whether XRP can break above its long-standing all-time high to trigger the next big move.
The chart shared by GalaxyBTC shows that XRP has reached a stage similar to previous cycles, where breaking previous all-time highs led to strong bullish rallies. The first all-time high of this token was about $0.061 in 2014, a price that held for many years before being broken in 2017. That breakout ignited a rally to over $3.00.
Meanwhile, the second major resistance level is around $3.31, established in early 2018. XRP is currently consolidating just below that level, trading near $3.03. GalaxyBTC claims,
"The real bullish run of $XRP will begin next time we break above the previous all-time high."
Sustaining a breakthrough above $3.31 will take XRP into price discovery territory.
Long-term targets in sight
Analyst Maxi notes that XRP's long-term target has remained consistent since the accumulation zone around $0.50. Maxi remarked:
"$XRP remains unchanged, the target is $8–$10 from 0.50 cents!"
The shared chart shows XRP surging through many resistance zones in 2025, with the price reaching around $8–$10.
After that anticipated bullish rally, Maxi's chart shows a pullback, with XRP accumulating in the $3–$5 range. This indicates that while the bullish targets remain intact, adjustments are expected as part of the market cycle. The $8–$10 range remains a primary focus for traders seeking long-term expansion.
Daily chart and technical indicators
The daily chart shows XRP consolidating above $3.00, with resistance at $3.40–$3.50. Price volatility has cooled since the bullish surge in early August, leaving traders waiting for a decisive move. Short-term support is seen at $2.90–$3.00.
The Relative Strength Index (RSI) is at 49.48, placing XRP in the neutral zone. This indicates balanced growth momentum, with no overbought or oversold conditions. The Bollinger Bands Trend line (BBTrend) is at 4.91, still positive but weakening as the momentum slows down. Overall, these indicators suggest XRP is in a consolidation phase, awaiting a trend.
Ultimately, XRP's price is consolidating near a key resistance level, with traders monitoring the $3.31 mark. A breakout above this threshold will confirm a new cycle and open the door for Maxi's anticipated range of $8–$10. Until then, the $3.00 support level remains crucial for maintaining a bullish structure.
