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>>XRP Price Outlook Following the Survival of a Nine-Year Milestone — Could a Surge Toward $10 Be Imminent?

XRP Price Outlook Following the Survival of a Nine-Year Milestone — Could a Surge Toward $10 Be Imminent?

crypthub

about 11 hours ago

Support and Resistance Dynamics

XRP’s nine-year ascending support trendline is now under pressure as price approaches a critical third Point of Confluence (POC), historically linked to prior bullish surges. Since 2017, this structure has acted as a resilient foundation through market downturns, with current price action suggesting a potential repeat of past explosive moves. Weekly and monthly RSI levels dipping below 2020 lows indicate possible bottoming and reversal signals.

Resistance Breakout Potential

A breakout above XRP’s long-term descending resistance trendline could mark a structural shift from contraction to expansion. The token is currently compressing within a multi-year wedge, a pattern often preceding sharp rallies. If bulls validate this resistance as support, sidelined capital may re-enter, driving momentum toward a $10 target—a key psychological and structural milestone.

Market Outlook and Validation Needs

While XRP’s sentiment has reached a five-week high, a confirmed breakout above resistance with strong volume remains crucial for a sustained rally. Respect for the nine-year support while tightening against resistance sets the stage for a potential multi-year upward cycle. Historical patterns suggest a breach could trigger euphoria, turning skepticism into renewed bullish momentum.