XRP recently successfully broke through a three-month downtrend, and this rally is definitely worth paying attention to. The current price is around $2.380000, with an RSI of 77.3, showing a strong upward momentum, with bulls clearly in control.
From a technical perspective, support remains stable at $2.284800, resistance is at $2.475200, and the key breakout level is at $2.439500. If the price can effectively hold above the breakout point, it is entirely possible to open an upward channel toward $3.30. In the long term, reaching $5 by 2026 is not out of the question, but this requires the entire ecosystem to continue maintaining strength.
Regarding trading strategies, you can consider building positions gradually in batches, accumulating holdings step by step. Once the price confirms it has stabilized above $2.439500, you can add to your position to amplify profit expectations. However, risk management always comes first—if the price unexpectedly breaks below the support level of $2.284800, a decisive stop-loss should be implemented to avoid deep corrections.
In the short term, the target is first set at the psychological level of $3.30, while the medium term requires observing the market’s continued performance. XRP’s breakout is not a fluke; market sentiment and fundamentals are both improving, providing strong support for the bulls.
What are your thoughts on this level? Feel free to share your ideas and trading strategies.