- XRP’s realized price chart shows a thin supply gap between $2.51–$2.73, a potential breakout zone.
- Heavy support sits below $2.50, limiting downside risk for now.
- A close above $3.20 could set the stage for fresh all-time highs in 2025.
XRP has been grinding around the $3 mark, but a new chart from Glassnode — flagged by analyst Ali Martinez — suggests the token could be lining up for something much bigger. The setup looks like one of those moments where price just needs a small push before momentum takes over.
The chart in question is a “realized price distribution” map. In plain words, it shows where most XRP coins last traded hands and highlights gaps — empty spaces where hardly any buying or selling took place. Think of these gaps like pockets of thin air: if price enters them, it can move quickly with very little resistance.
The Key Gap to Watch
Martinez points to a crucial window between $2.51 and $2.73. Right below $2.51 sits a massive wall of activity — billions of XRP exchanged in that zone — which now acts as heavy-duty support. Every time the token dipped there in recent weeks, that demand absorbed the selling pressure.
Above $2.73, distribution thickens again near $2.80 and beyond. But inside that narrow $2.51–$2.73 range, there’s surprisingly little history. Not many traders bought in there, which means far fewer sell orders waiting to slow things down. If XRP breaks into that gap with strength, it could rip through fast and retest $2.90 or higher in no time.
Classic Breakout Energy
This kind of structure is textbook breakout material. No sellers in sight during that gap often means the path upward is smoother than usual. Martinez even calls a dip toward $2.51 a “gift” for bulls, offering a clean entry point with defined risk and strong upside potential.
The heavy base below $2.50 adds confidence, too. With so much trading volume clustered there, it becomes harder for bears to push XRP into deeper downside territory unless sentiment across the market really sours.
Where XRP Could Be Heading
If buyers control the $2.51–$2.73 pocket, the next obvious destination sits around $2.90–$3.10. Beyond that, the real battleground is $3.20, which capped the last cycle’s highs. A convincing daily or weekly close above that level would be a game changer — opening the runway for XRP to aim at new all-time highs later this year, especially if broader crypto momentum flips bullish again.