XRP has officially broken through the key $2.60 resistance level, marking a pivotal moment in its ongoing rally.
XRP Breaks Above $2.60
Earlier this week, XRP staged a textbook breakout from a descending wedge formation, surging from $2.42 to $2.57 in a high-volume move. That rally brought the asset directly to the $2.60 barrier, one of the most important resistance zones in XRP’s recent price history.
Prominent analyst Cryptoinsightuk noted that this breakout confirms that XRP's next big move is already underway.
The Road to $3.00 Is Now Clear
With $2.60 flipped into support, XRP is poised for further gains. Analysts expect minor resistance in the $2.70–$2.90 region, but there’s little standing in the way of a move to $3.00. Current momentum indicators remain strong, with XRP recently printing a golden cross on the daily chart, the first since the last historic high of $3.84 in January 2018.
Fundamentals Support the Breakout
XRP’s bullish momentum isn’t being driven by technicals alone. Ripple’s growing regulatory presence in Washington, its expansion into stablecoin markets, and increased global adoption of the XRP Ledger have all contributed to strong investor confidence. Additionally, expectations that the SEC may soon conclude its actions have reduced the legal uncertainty that previously affected price movement.
Now that $2.60 has been broken, XRP's path to $3.00 is wide open. The breakout has confirmed a bullish structure, institutional support is increasing, and broader market momentum is accelerating.
