XRP Prepares for Next Big Move as Technical Setup Strengthens

XRP may be gearing up for another significant breakout as technical signals align and regulatory pressure continues to ease.

The token, which recently recovered from prolonged stagnation below $1, is back in focus among analysts who see room for renewed upside—if the right narrative takes hold.

Crypto trader and analyst Scott Melker believes that XRP’s past surge was only the beginning. Its momentum, he notes, was largely driven by a key turning point: a court ruling that effectively removed the label of “security” from the token. That legal milestone lifted a major overhang and opened the door to institutional interest, including potential inclusion in ETF products and discussions around its use in strategic U.S. digital reserves.

Still, Melker argues that XRP now needs a new catalyst. While the regulatory breakthrough was powerful, lingering uncertainty—such as the unresolved financial penalties in Ripple’s case with the SEC—has capped enthusiasm. A proposed $50 million settlement was recently rejected by Judge Analisa Torres, citing a lack of legal grounds under Rule 60. This decision leaves the final outcome of Ripple’s dispute hanging, potentially delaying investor confidence.

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Meanwhile, technical analysts are watching XRP’s chart closely. According to market watcher Ted Pillow, the token has broken above a long-standing descending resistance line, forming a strong support base around $2.40. The formation resembles a classic “cup and handle” pattern, which often precedes bullish continuation.

If momentum sustains, XRP could challenge resistance in the $2.90 to $3.00 range. But failure to hold current support may see it dip back toward $2.00.

While the road ahead remains uncertain, XRP appears to be entering a decisive phase—one where market structure, legal clarity, and investor sentiment will collectively determine whether it becomes the next major altcoin to break out.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.