A recent post by crypto enthusiast Galaxy has drawn attention to the current market position of XRP and the key levels for potential growth.
Current Market Situation of XRP
Galaxy shared a multi-year chart of XRP, showing price action from as early as 2014 up to July 2025. The chart highlights XRP’s breakout in 2017, when the token surged past a consolidation range and reached an all-time high of $3.36. Fast forward to 2025, and the chart shows a strikingly similar technical setup: XRP recently broke above the previous all-time high of $3.39, reaching a new all-time high of $3.65. Following this historic move, XRP experienced a swift correction to $2.99 but is now trading at $3.18, holding strong at the $3 resistance level.
Key Breakout Level
According to Galaxy, the real action will start once XRP crosses $3.3. If XRP can break above this peak, the analyst expects a swift upward move. In late 2024, veteran trader Peter Brandt shared a similar forecast; he noted that beating $1.96, XRP’s peak from the 2021 bull run, would open the door to more gains. XRP surpassed this level, and if it performs similarly to the recent past and crosses the $3.3 level, it may experience significant growth.
Repeating Technical Pattern
The chart features two distinct green trend lines. The lower trend line captures XRP’s long-term higher lows, while the upper line represents horizontal resistance that was finally breached this month. These trend lines form an ascending triangle, a common technical formation for potential upward momentum once resistance is broken. Galaxy emphasized: "Next time it breaks $3.3 the real party starts." If the asset can sustain momentum above this level, it may confirm a breakout with significant upward implications.
The current situation of XRP is at a critical point surrounding the key level of $3.3. A breakout above this level could lead to substantial asset growth, supported by repeating technical patterns on the charts.
