The article discusses a potential breakout for xrp, with an analyst identifying key resistance and support levels. while a recent surge has provided some bullish momentum, the analyst warns against premature celebration until a specific level ($1.50) is decisively broken and held.
The immediate price direction is neutral to slightly bearish in the short term as xrp is currently trading below the $1.50 level mentioned by the analyst. however, holding above $1.50 could lead to a bullish move towards $1.65, $1.80, and $1.96, while failure could result in a bearish move to $1.34 and $1.20.
The analyst's immediate price targets and conditions are focused on the next few days, indicating a short-term time horizon for the expected price movements. the mention of 'weeks or months' for new highs above $2.00 suggests a longer-term outlook if certain conditions are met.
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. XRP’s rebound to $1.50 over the past few days has given bulls something to work with, but one analyst is warning that the market may be celebrating too early. Recent price data show XRP pushed into the mid-$1.50s and even tagged $1.60 this week before momentum cooled again. However, a crypto analyst who goes by the name Guy on the Earth on the social media platform X pointed out that bullish traders should not get ahead of themselves yet until XRP breaks above one proper price level. The Push To $1.50 Gave Bulls A Case The move that XRP bulls had been waiting for arrived this week . The XRP price surged from a range low below $1.40, broke above $1.50, and briefly tapped $1.60, a level of greater resistance, before retreating below $1.50 again. At the time of writing, XRP is now trading at $1.46, which shows that the breakout attempt has not yet fully escaped nearby selling pressure. Related Reading Teucrium Founder Predicts What Will Happen To Ripple If XRP Price Goes To $3 19 hours ago Interestingly, that sequence was not a surprise to some, and it fits closely with a reaction on X by crypto analyst Guy on the Earth. According to the analyst, the push to $1.50 was anticipated, given that the XRP price had held the range lows before breaking out. The important question now is whether $1.50 will hold on the retest or fail. Hold above $1.50, and the next upside levels come into view. Source: Chart from Guy on the Earth on X The daily candlestick timeframe chart shared by the analyst shows XRP still trading within a descending structure since July 2025. The XRP price is yet to break above the upper boundary of that larger downtrend channel, which means the latest rally has improved the short-term picture without fully repairing the wider one. As it stands, XRP might even be approaching the channel’s lower trendline if it fails to break and hold above $1.50. A Roadmap With Conditions Attached The analyst also laid out a precise set of targets based on how the XRP price behaves at the $1.50 level. Should it hold above $1.50 in the next few days, then $1.65, $1.80, and $1.96 are the next upside targets in sequence. Related Reading XRP Analyst Says Don’t Get Ahead Of Yourself Until This Level Is Broken 1 minute ago Lose $1.50, however, and the picture changes. The analyst characterizes such an outcome as a fakeout, with $1.34 as the next expected destination. Should that level fail to provide support, then $1.20 is the next price level on the table. The analyst also noted a greater directional signal that’s contingent on the $2.00 price level. According to him, a confirmed XRP price move above $2.00 in the context of the current wider economic expansion that we are seeing would set the stage for new highs in the weeks or months that follow. XRP trading at $1.44 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Freepik, chart from Tradingview.com