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XRP is gaining momentum as it edges closer to a critical technical breakout. According to EGRAG CRYPTO, the token is preparing to push through a major resistance zone that could open the path to much higher levels.
The first significant resistance to watch is at $2.30. This level, as highlighted in the EGRAG CRYPTO chart, represents a crucial horizontal and trendline resistance.
Flipping it into support would strengthen the bullish case and confirm a potential trend reversal.
Today’s intraday action reinforces this scenario. According to the CoinMarketCap chart, XRP climbed from $2.14 to $2.22, signaling continued buyer interest as price approaches the key resistance zone. The market appears to be front-running the breakout.
Next Target Zones: $2.36 and $2.65
If XRP decisively breaks above $2.30, the next short-term objective stands at $2.36—an intermediate target where prior rejection occurred. Beyond that, bulls may aim for $2.65, which aligns with a historic resistance level. A move toward this zone would likely indicate renewed institutional demand and higher conviction.
According to the chart shared by EGRAG, a successful push above $2.65 would then set sights on $3.10 as the next key bullish extension.
Bullish Sentiment Builds
Market sentiment among XRP holders remains optimistic. “STAY STEADY AND STRONG,” tweeted EGRAG, urging the community to hold firm as the breakout unfolds. The structure remains constructive as long as XRP stays above its recent local lows near $2.14.
Conclusion
With price action tightening and volume building, XRP sits on the edge of a potential breakout. A close above $2.30 could confirm the bullish scenario and put higher levels like $2.65 and $3.10 in play. Traders will be watching closely as momentum continues to build.
The post XRP Eyes Key Breakout With $2.30 Resistance in Focus – What Could be Next appeared first on Coindoo.
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