XRP is approaching a decisive technical level that could determine its next major price direction. After a prolonged battle between buyers and sellers, the token is now testing resistance near the $2.55–$2.65 range – a zone analysts are watching closely for signs of a breakout.
According to EGRAG CRYPTO, XRP’s price structure suggests growing momentum as supply zones begin flipping into support. The analyst notes that each reclaimed resistance area has turned into a battleground between bullish and bearish forces, setting the stage for a potential surge if buyers prevail.
Based on the measured move from XRP’s previous descending channel, the next key price target lies around $2.57. A confirmed daily close above $2.65, maintained over several sessions, would serve as what EGRAG calls a “GO-GO signal” – marking the start of a stronger bullish phase and potentially new cycle highs.
However, the outlook remains conditional on XRP holding critical support near $2.31. Losing that level on any timeframe could weaken the bullish setup and delay the next leg higher.
The latest 4-hour chart shared by EGRAG shows XRP trading around $2.46, climbing steadily after bouncing off its lower demand zones. The structure suggests growing accumulation at lower levels as price approaches the upper supply barrier.
If XRP manages to sustain momentum and close above $2.65, analysts believe it could confirm a macro breakout from the channel that has capped price action for weeks. Conversely, a rejection at this level could trigger short-term retracement toward the $2.30 region before another attempt to climb higher.
EGRAG concluded that XRP’s momentum is “building, one flip at a time,” signaling that the ongoing tug-of-war between bulls and bears may soon give way to a decisive move.
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Source: https://coindoo.com/market/xrp-price-outlook-major-resistance-flip-could-trigger-a-massive-rally/