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Home Uncategorized

Analysts Believe XRP Could Be Headed Toward a $3 Breakout, But This Needs to Happen First

Rhod Tipay by Rhod Tipay
June 9, 2025
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  • XRP Eyes $3 Breakout: Ripple (XRP) is forming bullish patterns like a falling wedge and ascending triangle, signaling a possible surge toward the $3–$3.50 range if key resistance levels at $2.43 and $2.60 are broken.
  • Support Holding Strong: Despite recent sluggish price action, XRP has maintained steady support, which suggests investor confidence remains intact even amid broader market stagnation.
  • Momentum Building Quietly: While XRP hasn’t made big moves yet, technical indicators hint that a sharp rally could be just around the corner, catching many by surprise.

The crypto market’s been kinda sleepy lately—no fireworks, not much movement—but that lull might be giving way to something a bit more exciting. Ripple (XRP), long a fan favorite for its cross-border payment potential, is showing signs it could be gearing up for a strong move. A jump to $3? Yeah, it’s not just wishful thinking—there are signs it might not be that far off.

Last week didn’t offer much in the way of thrills. Bitcoin slipped back to the $105K range, which, while still impressive, marked a step down from its recent all-time highs. And XRP? It’s been hovering around $2.17, trying to shake off the drag. Over the past month, it’s gained just 2%, and in the last week? Barely moved—down less than 1%, in fact.

$XRP chart broke the descending trend line to the upside and is now likely in wave-(3).
Micro support for trend continuation is at $2.23.
Ideal target in wave-(3) at $2.33. pic.twitter.com/muNtCTdLv1

— Man of Bitcoin (@Manofbitcoin) June 8, 2025

Cracks in the Calm: Is XRP Quietly Winding Up?


Despite the slow action, XRP might be hiding something under the hood. Some sharp-eyed analysts are pointing out a bullish setup taking shape. A falling wedge pattern is visible on XRP’s weekly chart—basically, it’s a formation that often shows up before a breakout. The key level to watch here is $2.43. If XRP can close above that line on a weekly candle… then things could get very interesting, very fast.

We’re talking about a potential jump of 45%, putting the token somewhere around $3.20. Not bad for a coin that’s been creeping sideways lately. And on the daily chart? XRP’s building an ascending triangle, which is another setup traders look for when predicting breakouts. If it can close above $2.60, there’s even more room to run. That’d give it a potential path to $3.50—up roughly 60% from where it stands today.

Holding Strong, Eyes on the Prize


Now, let’s be real for a second. XRP’s been stuck in this on-again, off-again momentum loop for a while. But what’s working in its favor is that it hasn’t collapsed either. There’s been steady support beneath its price, which tells us investors still believe in the long game. That cushion matters—it keeps the bottom from falling out, even when the market gets a bit rough.

So yeah, the excitement might not be sky-high just yet, but all the little signs—those chart patterns, resistance tests, and support levels—are suggesting that XRP may be loading up for a solid breakout. If that $2.43 or $2.60 barrier breaks with some volume behind it? The road to $3 gets a whole lot clearer.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
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Rhod Tipay

Rhod Tipay

Rhod Tipay is an editor and moderator at BlockNews with more than five years of experience in the Web3 industry. A graduate of De La Salle University, he began his career as a social media marketing specialist before moving into blockchain-focused editorial work. At BlockNews, Rhod oversees content moderation and editorial quality, ensuring that reporting meets professional and ethical standards. His expertise in trading and community engagement, combined with a deep understanding of crypto culture, allows him to provide readers with credible insights into the fast-changing blockchain space.

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