XRP Is Ready to Take Off After Breaking Its Previous All-Time High

Ripple's XRP is trading around $3.03, up 8% in the last 24 hours despite a 3% fall over the past week. The trading volume reached $10.23 billion, indicating strong participation as this token tests key price levels. Market observers are focused on whether XRP can break its long-standing all-time high to trigger the next big move. The chart shared by GalaxyBTC shows that XRP has reached a stage similar to previous cycles, where breaking through previous all-time highs led to strong price surges. The first all-time high of this token was nearly $0.061 in 2014, a price that was maintained for many years before being broken in 2017. That breakout triggered a price surge to over $3.00. Meanwhile, the second major resistance level is set at around $3.31, established in early 2018. XRP is currently consolidating just below that level, trading close to $3.03. GalaxyBTC claims, "The real price increase of $XRP will begin next time when we break the previous all-time high." Sustained movement above the $3.31 threshold will put XRP into the price discovery zone.

Long-term goals in sight Analyst Maxi notes that the long-term target for XRP has remained consistent since the accumulation area around the $0.50 level. Maxi commented: "$XRP has not changed, the target is $8–$10 from 0.50 cents!" The shared chart shows XRP surging through multiple resistance zones in 2025, with a price reaching around 8–10 dollars. After that anticipated price increase, Maxi's chart shows a pullback, with XRP accumulating in the range of $3–$5. This indicates that although the bullish targets remain intact, adjustments are expected as part of the market cycle. The $8–$10 range remains the primary focus for traders looking for long-term expansion.

Daily chart and technical indicators The daily chart shows that XRP is consolidating above the $3.00 level, with resistance at $3.40–$3.50. Price volatility has cooled off since the rally in early August, leaving traders waiting for a decisive move. Short-term support is seen at $2.90–$3.00.

The Relative Strength Index (RSI) is at 49.48, placing XRP in the neutral zone. This indicates a balanced growth momentum, with no overbought or oversold conditions. The Bollinger Bands Trend (BBTrend) is at 4.91, still positive but weakening due to the slowing momentum. Overall, these indicators suggest that XRP is in a consolidation phase awaiting a trend. Finally, the price of XRP is consolidating near an important resistance level, with traders watching the $3.31 mark. A breakout above this level will confirm a new cycle and open the door to the projected range of $8–$10 from Maxi. Until then, the support level of $3.00 remains a crucial factor to maintain the bullish structure.