by Coinstrooper Crypto Articles
Quick Take
  • Ripple’s XRP has finally broken out of its 3-month downtrend, following an 18% price surge that breached the critical $2.20 resistance level.
  • Analysts suggest the XRP price prediction now points toward a $5 price target in accordance with Elliott Wave Theory.
  • According to crypto analyst Steph, since 2017, XRP’s price has repeatedly faced rejection in the $2 zone.
  • Every major cycle rally stalled at this level, making it one of the most significant long-term resistance areas in XRP’s history.

What Happened

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Market Context

Ripple’s XRP has finally broken out of its 3-month downtrend, following an 18% price surge that breached the critical $2.20 resistance level.

Analysts suggest the XRP price prediction now points toward a $5 price target in accordance with Elliott Wave Theory.

According to crypto analyst Steph, since 2017, XRP’s price has repeatedly faced rejection in the $2 zone.

On a yearly timeframe, the longer the price consolidates beneath resistance, the more powerful the breakout tends to be.

ETF buying is now absorbing circulating supply, with XRP price predictions suggesting short-term resistance looming ahead at $2.40-$2.55, where large sell orders cluster.

XRP Price Prediction: Weekly Chart Shows Trend Continuation Setup

The weekly XRP/USDT chart shows the market transitioning from a correction back into trend continuation.

Price recently broke above a three-month descending trendline, which had capped every rally since the local top near $3.40.

That breakout represents the most important technical development because it signals that sellers who controlled momentum through Q4 2025 are losing dominance.

Price consistently respected the horizontal support zone around the mid-$1.80-$2.00 area, which functioned as a demand floor while volatility compressed.

If that occurs, the chart’s projected extension toward $3.50 becomes technically justified, particularly if ETF-related flows or broader market strength re-enter the narrative.

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Why It Matters

The recent close above $2 is now signaling long-term supply exhaustion and could unlock pathways to substantial repricing above the current all-time high around $3.84, last reached in 2018.

The breakout occurred just above this base, suggesting accumulation rather than panic selling.

From a levels perspective, $3.00-$3.05 remains the critical resistance. A clean weekly close above it would likely accelerate momentum rapidly, as overhead supply thins significantly above that level.

If XRP finally breaks the $2.50 resistance and continues climbing, meme coins like Pepenode (PEPENODE) could experience another explosive rally.

Details

Seven-Year $2.00 Resistance Finally Broken

Every major cycle rally stalled at this level, making it one of the most significant long-term resistance areas in XRP’s history.

Data from SosoValue reveals that in the last 7 days, XRP recorded the second-largest inflow among U.S. spot ETFs, with a cumulative inflow of $43.16 million, nearly 4 times more than Solana.

Structurally, XRP has spent recent months forming a controlled pullback, not a breakdown.

The 9-week SMA, now sitting near $2.05, is flattening and beginning to curl upward, reinforcing the notion that downside momentum has largely exhausted.

Momentum indicators support this shift. RSI is recovering from the low-40s and stabilizing rather than diverging bearishly, which is typical of behavior at corrective phase endings.

Beyond that, the longer-dated projection toward $5.00 in H1 2026 aligns with a measured move from the breakout structure and the height of the prior consolidation range.