- XRP holds $1.99 as bulls aim for $3.29 breakout
- MACD turns bullish, RSI shows upward momentum
- Ripple-SEC deal lifts hopes for $6.15 and beyond
XRP continues to hover near the $2.00 mark after a recovery from its April low of $1.61. Market attention is now focused on whether the asset can break above resistance and enter a new bullish phase. As technical indicators align, many are watching for the next leg upward toward targets once seen in 2017. With growing speculation, the conversation is returning to price milestones like $3.29, $6.15, and beyond.
XRP Holds Steady as Support Zones Strengthen
XRP has recovered above several resistance levels over the past week, most recently stabilizing near $1.99. It previously dipped to $1.61 but was supported by renewed buying activity near the $1.920 and $1.950 zones. The price has now moved past the 100-hour Simple Moving Average and is holding above $1.950.
Technical indicators present mixed signals. The hourly MACD is in bullish territory, while the RSI stands just above the neutral 50 level. XRP must maintain momentum to push through resistance at $2.00 and then $2.0750. A sustained move above $2.0750 could open the path to $2.20, with $2.32 as a further level to watch.
Support remains firm at $1.86, which aligns with the 200-day Simple Moving Average. A move below this point could reintroduce bearish pressure and put lower targets like $1.61 back in focus.
Market Sentiment Eyes Long-Term Targets Amid Legal Progress
With the Ripple-SEC settlement talks nearing closure, sentiment around XRP is shifting toward optimism. Paul Atkins’ leadership at the SEC has added confidence, with many believing regulatory tone could turn more crypto-friendly.
While short-term price reactions have been limited, the potential resolution could bring long-awaited clarity.Traders are revisiting long-term projections once thought unreachable. Key milestones being mentioned include $3.29, $6.15, and $10.
These align with previous Fibonacci levels and Bitcoin pair targets. Some suggest XRP could mirror past cycles, with targets like $26.6 and $50 tied to BTC moving toward $110,000.For now, XRP sits at a crucial point. A breakout above $2.00 may trigger the next phase of its move toward these higher targets.
