š Key Resistance Levels
$2.93ā$3.00
This is the immediate ceiling. XRP has tried and failed four times to break out above $2.92ā$2.93, with institutional selling stepping in each time ļæ¼. Analysts note that clearing $3 on rising volume could open the door to further gains ļæ¼.
āø»
$3.20ā$3.40
Once above $3, the next resistance zone lies between $3.20 and $3.40āthe March highs and psychological ceiling ļæ¼. A move beyond here could threaten Januaryās top around $3.40 ļæ¼
$3.80ā$4.00+
Clearing $3.40 may prompt a test of the higher level near $3.80 (2018 highs). If momentum stays strong, targets extend toward $4.47, per Peter Brandtās forecast of ~60% upside ļæ¼. Some projections look even higherāCoppola expects the ETF boost to drive prices into the $4ā$5 range ().
š Long-Term Extremes ($10ā$38)
A recent long-term chart analysis highlights a seven-year double-bottom pattern pointing to a potential $38 targetāthough such a move would be measured in years, not months ļæ¼. Still, more moderate analysts see a realistic end-of-2025 upside to $5ā$7 ļæ¼.
š Near-Term Drivers
⢠ETF Launch Catalyst: The ProShares XRP Futures ETF debuts July 18āclearing $2.93ā$3 on volume could spark significant momentum ļæ¼.
⢠OnāChain & New Buyers: Daily active addresses surged ~124%, helping push XRP to within ~17% of its all-time $3.40 high ļæ¼.
⢠Technical Momentum: Weekly MACD has turned bullish; RSI is neutral or slightly overboughtāindicating room to continue higher ļæ¼.
Final Takeaway
⢠Immediate: Watch for a decisive move above $3 with strong volume.
⢠Near-term: Next major ceiling sits between $3.20ā$3.40.
⢠Medium-term: Clearing that could pave the path to $4ā$5.
⢠Long-term: Ultra-bullish scenarios suggest $7 or even $38, but those are speculative and distant