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The price of XRP continues to show solid technical footing despite a recent rejection near local highs. As long as trading remains above the key $1.30 level, the broader market structure stays bullish. The latest pullback therefore looks more like healthy consolidation than the start of a deeper reversal.

Multi-Year Breakout Holds as Market Prepares for Expansion
Analyst Crypto Patel notes that XRP is still trading above a confirmed multi-year breakout zone on higher timeframes. Following an extended accumulation phase, a strong expansionary move took place, and price action now appears to be forming a base for the next leg higher.
From a technical perspective, XRP decisively broke out of a descending wedge that developed between 2020 and 2024. That breakout sparked a rally of more than 600% from the $0.60 area, reinforcing the broader bullish trend and confirming a long-term structural shift.
Price is currently consolidating within the $1.30–$1.90 range—an accumulation zone with strong demand. As long as XRP holds above $1.30, the higher-timeframe structure remains intact and the broader bullish thesis stays valid.
Looking ahead, Crypto Patel maintains ambitious upside targets at $3.50, $5.00, $8.70, and potentially above $10 over the long term. The bullish outlook would only be invalidated by a higher-timeframe close below $1.30, which would signal a structural breakdown.

Trendline Holds Despite Rejection Near $2.37
Another update from Umair Crypto highlights that the primary trendline remains intact, even after XRP faced selling pressure near the $2.37 resistance. While momentum indicators briefly weakened, price action did not produce a confirmed structural break.
According to the analysis, the RSI weakened before price, followed by a loss of the range POC (point of control). This sequence triggered a sharp pullback, but crucially without clear structural failure, suggesting the move was corrective rather than trend-ending.
Relative strength also stands out. During an ETH-led market push, XRP saw a brief sell-off but quickly rebounded, outperforming many ETH-beta assets. This behavior points to capital rotation into relative strength rather than broad market distribution.

Outlook: Constructive While Key Levels Hold
The near-term outlook remains constructive as long as the trendline holds and price can reclaim the range POC. Sustained acceptance below that area would challenge the bullish setup and shift focus toward lower levels. For now, however, XRP continues to demonstrate trend resilience amid heightened volatility.

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