Analyst: Next Is $7 Once XRP Clears This Rigid Hurdle

XRP is once again in the spotlight as analysts turn attention to a critical price level that could define its next major move. After staging a strong recovery in 2025 and recently surpassing its previous all-time high, a r ecent flash crash has sent its price to $3.20 region. According to chart analyst XRPunkie on X, the digital asset is consolidating just beneath a long-term resistance trendline, one that has historically served as a major obstacle for upward momentum. XRP Stalls Below a Key Technical Barrier The chart the analyst shared before the flash crash shows XRP trading at around $3.47, just shy of a major diagonal resistance that forms the upper boundary of an ascending channel dating back to 2017. This trendline, marked by a yellow arrow in the chart, is acting as a ceiling, similar to how the $3.50 zone capped XRP’s explosive rally during the 2017–2018 bull run. Despite multiple attempts, the price has yet to close decisively above this level, suggesting the presence of significant selling pressure. Interestingly $XRP met with some resistance at the $3.50 range for a while. Looking at this chart, apparently its hanging just below the first resistance trendline (yellow arrow). Once we clear it, the next resistance is around $7-$9 (blue arrow). Is XRP gonna to get there soon? https://t.co/chGGhwWC8X pic.twitter.com/ZyqfSADm6t — XRPunkie (@Shawnmark7899) July 23, 2025 What makes this area even more crucial is its psychological significance. The $3.50 level represents a long-standing benchmark in XRP’s history. Its inability to break above this range decisively during previous cycles signals that bulls must muster greater strength before a larger move can unfold. Breakout Could Ignite Rally Toward $7–$9 XRPunkie’s analysis suggests that once this resistance is cleared, the next major target lies in the $7 to $9 range . The chart highlights this zone with a blue arrow, aligned with the Fibonacci 1.272 and 1.414 extension levels, approximately $9.11 and $15.04, respectively. These Fibonacci levels are widely used by technical analysts to project potential price expansions following breakout moves. The setup implies a scenario where XRP, after breaking through the current barrier, could experience a rapid rally fueled by technical momentum and renewed market interest. Historical price action also supports this view, as similar breakouts in previous cycles have led to vertical moves. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Market Dynamics Strengthen the Bullish Case Beyond technicals, broader market conditions are adding fuel to the bullish narrative. Bitcoin remains strong above $117,000, institutional interest in crypto continues to rise, and Ripple’s ecosystem is expanding, particularly with the rollout of RLUSD, its stablecoin aimed at unlocking real-world utility for the XRP Ledger. On-chain metrics are also encouraging. Active wallet growth, rising transaction volumes, and increased developer activity all point toward strengthening fundamentals for XRP. This on-chain support helps validate the idea that price appreciation could be sustainable if resistance is flipped into support. 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: Next Is $7 Once XRP Clears This Rigid Hurdle appeared first on Times Tabloid .

Source: TimesTabloid