Momentum around XRP is quietly building again, with both charts and corporate activity pointing to a potential shift in market direction.
While the token has traded in a compressed range for weeks, traders now see conditions aligning for a more decisive move.
Recent price action has kept XRP steady above $3, an area that is acting as an important base of support. Market watchers argue that as long as this level holds, attention naturally turns to the $3.10-$3.30 zone, followed by heavier resistance near $3.60. A clear advance beyond those points could open the door for a run toward the long-discussed $4 milestone.
At the same time, downside risk remains contained. The $2.60 region, previously a strong accumulation area, continues to attract buyers whenever the market dips. That pattern of repeated rebounds has given bulls more confidence that the structure of the chart is leaning upward rather than downward.
Beyond technicals, institutional decisions are adding fuel to the story. Renewable energy group VivoPower has expanded its balance sheet strategy to include larger XRP holdings, directly converting mined assets into the token. Moves like this underline how companies are beginning to treat XRP not just as a speculative trade but as part of a broader treasury plan.
Speculative positioning also tilts heavily bullish. Data from CoinGlass shows nearly four out of five traders in perpetual markets are holding long exposure, with only a minority betting against the asset. While such imbalance can sometimes lead to corrections, when supported by steady volume it often lays the foundation for extended rallies.
All told, XRP finds itself at an important juncture. With a supportive technical base, corporate accumulation, and derivatives markets leaning bullish, the token is entering a stretch where a break higher could reshape sentiment. For now, the $4 level stands as the psychological barrier everyone is watching.
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Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
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