XRP has stabilized around the $3 mark in recent weeks, and analysts are beginning to argue that the token may be gearing up for a dramatic breakout.
Fresh technical readings, combined with institutional milestones like the launch of a U.S.-listed spot ETF, have reinforced the bullish mood surrounding one of the market’s most closely watched assets.
Technical Signals Point to Upside
Trader Javon Marks sees XRP in the early stages of a move that could dwarf its recent gains. His chart analysis compares the current consolidation with earlier accumulation phases that preceded sharp rallies. Marks believes XRP could climb more than 220% to touch $9.90, with the potential for a long-term path toward $20 if momentum persists.
Ali Martinez, another well-followed chartist, reached a similar conclusion using the TD Sequential indicator — a tool designed to spot trend reversals. On shorter time frames, Martinez said XRP has flashed a buy signal, implying that buyers may be regaining control after the latest sideways action.
For now, traders appear cautious as XRP tests resistance levels. While the token dipped slightly from its recent highs, holding firm above $3 has encouraged analysts to frame this as a period of consolidation before a potential upward thrust. The challenge, they argue, is whether the asset can push convincingly beyond near-term resistance.
Institutional Backing Strengthens the Case
Technical optimism is being bolstered by significant institutional developments. The debut of the first U.S. spot XRP ETF has given investors regulated exposure to the token, while new tokenized investment funds on the XRP Ledger promise to extend its role beyond payments into on-chain finance.
These launches suggest XRP is increasingly viewed as infrastructure for capital markets, not just a bridge currency for cross-border payments. CME’s plan to roll out futures options tied to XRP and Solana further cements the perception that large financial players are preparing for broader adoption.
XRP’s trajectory now depends on whether technical momentum converges with institutional inflows. If both align, analysts suggest the token could be entering one of its most significant bullish phases in years.
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Source: https://coindoo.com/xrp-price-buy-signals-suggest-a-220-rally-ahead/