Analyst States XRP’s First Area of Resistance In Current Rally

XRP has continued to ride a wave of renewed bullish sentiment, marking a significant uptrend that has captured the attention of traders and analysts alike. Among the voices weighing in on XRP’s current trajectory is prominent X community analyst XRPunkie, who recently pointed to the $4 to $4.20 range as the first key area of resistance in the token’s latest rally. As XRP tests fresh multi-year highs, this level is shaping up to be a decisive battleground between bulls and bears. Momentum Builds as XRP Approaches Resistance As of report time, XRP is trading at approximately $3.43, having reached as high as $3.65 earlier in the day. This performance caps off a strong week in which the token gained nearly 20%, fueled by a combination of whale accumulation, rising open interest in derivatives markets, and a broader crypto market uptrend. $4-$4.20 could be our first area of resistance. $XRP pic.twitter.com/yAt7t6ZXG1 — XRPunkie (@Shawnmark7899) July 18, 2025 The recent surge follows an earlier breakout above the $2.41 mark, a critical resistance point that had held XRP in consolidation for weeks. Once that threshold was cleared, momentum accelerated sharply, validating several bullish technical patterns that had been forming on mid-range charts. This latest rally is also supported by a break of a descending trendline on the 8-hour chart, a development highlighted by several technical analysts on TradingView. The breakout pattern is reinforced by increasing volume and renewed market enthusiasm, both of which suggest that XRP is in the early stages of a potentially extended upward cycle. The Significance of the $4–$4.20 Range XRPunkie’s designation of the $4 to $4.20 zone as the first major resistance is rooted in both historical and technical analysis. During XRP’s last parabolic run in early 2018, price action stalled around this very region before facing a sharp correction. That historical memory, combined with psychological round-number significance, makes it a natural level for traders to take profits and reassess market strength. Moreover, the resistance zone coincides with projected Fibonacci extension levels from the $1.50–$2.41 breakout range, adding further technical confluence. If XRP fails to break this level convincingly, it could trigger a temporary retracement back toward previous support levels near $3.00 or $2.65. However, a clear break above $4.20 could open the door to significantly higher targets. Broader Market Context and Fundamentals XRP’s rally is not occurring in isolation. The broader crypto market is experiencing a resurgence, with Bitcoin maintaining levels above $118,000 and Ethereum trading north of $3,600. Institutional sentiment has also improved dramatically following the recent passage of the GENIUS Act in the U.S., a bill that recognizes and regulates stablecoins and digital asset frameworks. This policy shift has enhanced confidence in crypto as a legitimate asset class, helping lift market leaders like XRP. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Additionally, Ripple, the company behind much of XRP’s utility, has continued to expand its enterprise payment solutions and CBDC infrastructure, particularly in Asia and Latin America. While legal uncertainty surrounding the SEC lawsuit has largely been resolved since Judge Torres’ 2023 ruling that XRP is not a security in itself, lingering appeal discussions are no longer weighing on the market as heavily as before. This allows investors to focus more on XRP’s fundamentals and technical progress. What Lies Ahead for XRP XRPunkie’s warning about the $4–$4.20 resistance should not be taken lightly. It marks a logical inflection point in the current cycle, and how XRP behaves around this level will determine whether the rally evolves into a full-scale breakout or pauses for consolidation. Should XRP decisively clear this zone with volume and conviction, upside targets between $4.50 and $5.00 will come into focus, with some analysts projecting even higher levels based on longer-term wave structures. For now, all eyes are on the price chart as XRP approaches the critical resistance range. Traders, investors, and analysts will be watching closely to see whether the token has enough momentum to break through—and, perhaps, chart a new course into uncharted territory. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst States XRP’s First Area of Resistance In Current Rally appeared first on Times Tabloid .

Source: TimesTabloid