- XRP eyes major breakout as price nears $3, a key psychological resistance zone.
- Analysts forecast $4.80–$23 range if XRP breaks key $3.65 mid-cycle resistance.
- XRP dominance could surge to 27% if bullish wedge and rectangle patterns confirm.
XRP is heating up in the crypto markets as it nears a significant resistance level that could determine its next major move. Trading at $2.95, XRP is fast approaching the critical $3 mark, a psychological and technical barrier.
According to analysts, a sustained weekly close above this level may ignite a powerful rally, potentially leading to new all-time highs. Investor confidence appears to be strengthening, and technical patterns are aligning for what could be a historic breakout in the weeks ahead.
Weekly Close Above $3: A Game-Changer
Ali Martinez, a well-known crypto analyst, highlights that XRP has been consolidating between $2.20 and $2.95 since March 2025. A sustained breakout above $3 would mark a shift from this sideways movement, signaling a fresh wave of bullish momentum.
Martinez believes the next resistance lies at $3.80, followed by a potential run to the all-time high at $4.80. Importantly, holding above $2.60 remains critical to maintain the asset’s bullish structure. The recent sharp price movements also suggest aggressive buying pressure, likely driven by institutional activity and renewed optimism around regulatory clarity.
A weekly close above $3 could send $XRP to a new all-time high of $4.80! pic.twitter.com/fvvq0EpW6j
— Ali (@ali_charts) July 16, 2025
Macro View: Valhalla Gate and Cycle Patterns
EGRAG CRYPTO offers a broader macro perspective, focusing on XRP’s long-term cycle behavior. His chart analysis identifies $3.65 as a pivotal mid-cycle top level. A monthly close above this level could initiate a powerful uptrend, opening the door to much higher targets.
According to EGRAG’s projections, conservative estimates suggest a move to $12, while more aggressive scenarios point to highs of $23. The pattern breakout from a bullish pennant on the monthly timeframe adds further weight to this forecast. Significantly, XRP recently bounced off the 9 SMA on the monthly chart, reinforcing the current bullish trend.
#XRP – $3.65 Is the Valhalla Gate Key (Mini $12 – Max $23) 🚪🔥:
— EGRAG CRYPTO (@egragcrypto) July 15, 2025
This is one of my favorite charts and it is my go-to MACRO chart for navigating #XRP’s next move.
The beauty of this chart? It locates cycle bottoms, mid-cycle tops, and cycle tops:
◽️Cycle 1 (2013): Clear… https://t.co/9Iud9GNPjK pic.twitter.com/Nub3p7h1gi
XRP Dominance and Market Signals
In addition to price targets, XRP’s market dominance is another key metric to watch. EGRAG CRYPTO notes the formation of a falling wedge and a bullish rectangle on the monthly chart.
If XRP dominance closes above 10%, it could indicate that XRP is outperforming other altcoins this cycle. The falling wedge targets 18% dominance, while the rectangle pattern could push it to 27%.
