XRP Explosion Incoming? Key Levels Point to a Run Toward $10

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Junior Content Creator

Harvey Hunter

Junior Content Creator

Harvey Hunter

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Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

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XRP Explosion Incoming? Key Levels Point to a Run Toward $10

While early-week speculation about inclusion as a U.S. strategic crypto reserve asset bolstered XRP price forecasts, today’s crypto summit saw those plans scaled back to Bitcoin alone.

Something which seems to have dampened market sentiments, triggering a sharp 2.36% decline—though the front-running altcoin still holds onto a 23.55% gain for the week.

Despite the pullback, eyes remain on XRP as mounting pressure builds for a potential breakout.

XRP Price Analysis: Can it Still Make $10?

While today’s drawdown briefly threatened the integrity of a symmetrical triangle forming since mid-January, the breakout remains intact.

XRP / USDT 1D chart, symmetrical triangle pattern breakout. Source: Binance.
XRP / USDT 1D chart, symmetrical triangle pattern breakout. Source: Binance.

The daily candle dipped below the pattern’s upper resistance but held firm, rebounding from the key $2.20–$2.40 support zone that has guided price movements throughout.

While the previous breakout attempt proved false, this one appears to have staying power, especially as technical indicators favor the bulls.

The Relative Strength Index (RSI) has reset to a neutral 50 after cooling from overbought territory at 70, and the MACD line continues trending above the signal line—both signs that the correction may be over.

This creates an ideal foundation for growth. If further downside emerges, the support zone will likely prompt another rebound.

A full playout of the pattern projects a potential XRP price target of $3.85, marking a 53% gain from current levels—the first step in a push toward the coveted $10 mark.

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