XRP continues to demonstrate resilience in the face of broader market fluctuations, holding firm as bullish sentiment gathers strength. Prominent technical analyst EGRAG Crypto has reaffirmed this outlook, highlighting two key resistance levels—$2.61 and $2.65—as pivotal for XRP’s next major move. His recent post on X underscores growing optimism that the digital asset is gearing up for a potential breakout, provided it can decisively clear these price thresholds. Key Levels Signal Potential Upsurge EGRAG Crypto, known for its technical precision and long-standing bullish stance on XRP, pointed out that the digital currency’s price structure continues to support a bullish scenario. According to his analysis, the resistance zone between $2.61 and $2.65 is not just a psychological barrier but a technically significant range that, once breached, could catalyze the next major rally. #XRP – Still Holding Strong! : The momentum is there, and the key upward targets remain $2.61 and $2.65! These levels are crucial resistance points to watch — breaking above them could pave the way for a new rally. #XRPFamily STAY STEADY AND STRONG, Together We Rise.… https://t.co/QalFZ5ohtN pic.twitter.com/3QpyT4CYBY — EGRAG CRYPTO (@egragcrypto) May 20, 2025 These levels are derived from Fibonacci extensions and historical price action, both of which suggest that XRP has tested similar zones in previous bullish cycles. A successful close above this range would signal that bullish momentum is firmly in control, potentially opening the door for a sustained move higher. Market Context: XRP Amid Broader Crypto Dynamics XRP’s current position in the market is shaped by a confluence of technical strength and improving fundamentals. The asset has managed to hold its ground during periods of market uncertainty, buoyed in part by Ripple’s expanding business operations and legal clarity following key courtroom victories against the U.S. Securities and Exchange Commission (SEC). These victories have not only reinforced investor confidence but also reintroduced XRP to U.S.-based trading platforms, restoring access to a broader pool of liquidity. The potential for a new leg up in XRP’s price aligns with growing institutional interest and the increasing deployment of Ripple’s blockchain-based payment solutions. With increasing adoption of Ripple’s stablecoin, RLUSD, the ecosystem around XRP is being further enriched, strengthening its use cases in cross-border finance and digital liquidity provision. Technical Indicators Supporting the Bullish Thesis From a technical standpoint, XRP’s price action remains above critical moving averages, indicating sustained upward pressure. Volume patterns have also been favorable, showing accumulation rather than distribution—a bullish signal in most trading models. Furthermore, oscillators such as the Relative Strength Index (RSI) and MACD remain in supportive territory, suggesting that the asset has room to advance before becoming overbought. EGRAG’s identification of $2.61 and $2.65 as major resistance levels aligns with these broader signals. Once those barriers are surpassed, XRP could accelerate toward new local highs, possibly retesting the $3.00 region—a price last seen during the 2017 bull run. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Investor Sentiment: Patience and Anticipation While short-term traders remain focused on breaking the immediate resistance zones, long-term XRP holders view the current consolidation as a period of healthy accumulation. The community has shown remarkable patience amid regulatory battles and prolonged consolidation phases, and sentiment appears to be shifting toward cautious optimism. The narrative surrounding XRP is increasingly one of strategic positioning. As regulatory clarity grows and Ripple continues to secure institutional partnerships across the globe, many analysts believe that XRP is better positioned now than it has been in years to fulfill its early promise as a bridge currency for global payments. Outlook: On the Cusp of a New Chapter? The next few weeks could prove decisive for XRP’s price trajectory. A confirmed breakout above the $2.61–$2.65 resistance range would mark a significant technical achievement and could ignite renewed interest from both retail and institutional traders. In the meantime, XRP’s ability to “hold strong,” as EGRAG Crypto puts it, reinforces the case for bullish continuation. If momentum persists and resistance levels are cleared, XRP could be on the brink of re-entering price discovery mode—a scenario that would not only validate years of community conviction but also affirm its standing in the next wave of crypto adoption. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst Sets Breakout Levels as XRP Maintains Strong Momentum appeared first on Times Tabloid .
