The XRP/BTC pair is once again testing an important trendline that has constrained its movement for nearly eight years, drawing interest from market participants.
Long-Term Resistance Under Pressure
A recent chart posted by investor Gordon shows that XRP/BTC is nearing a resistance trendline established since 2017, which has continuously limited the pair's upward movement. A breakout above the 0.00003400 BTC level could mark a significant technical event for XRP.
Repeated Tests and Momentum Shift
The XRP/BTC pair briefly rallied into this resistance zone in 2018 and early 2025 but failed to maintain a position above it. With XRP recently achieving a new all-time high, traders are observing whether this test results in a clean breakout. A close above 0.00003400 BTC with volume could confirm the move and shift long-term momentum in XRP's favor.
Potential Catalysts and Double-digit Targets
Adding to the narrative is the fact that spot XRP ETFs have not yet been approved. Gordon referenced this point in his post, noting that such regulatory catalysts could fuel further upside. He believes the current phase is just the beginning and that ETF approval could start another phase of growth for XRP.
XRP is on the verge of a breakout, and traders are optimistically awaiting the final move, which may lead to significant price targets.
