XRP Ready to Break Out? Key Resistance Level Under Watch

XRP is back in focus after printing a bullish weekly ￰1￱ the time of writing, the token trades at $2.62 with a 24-hour volume of $4 ￰2￱ is down slightly on the day but has gained over 5% in the past week. Meanwhile, the market is watching the $2.70 level, which has acted as a major resistance ￰3￱ Candle Shows Bullish Reversal Pattern The weekly chart has formed a bullish engulfing ￰4￱ pattern tends to appear after downtrends and suggests that buyers are stepping ￰5￱ candle covers the body of the previous red candle entirely, signaling a momentum shift. Notably, the focus now is $2.70. A clean break and hold above that level may confirm bullish ￰6￱ said, $XRP has printed a weekly bullish close with an engulfing candle Breaking above $2.70 and staying above such level is the main objective.

A higher low could form if met as resistance Reversal signals are ￰7￱ signs for continuation ￰8￱ prepared ￰0￱ ￰9￱ — ChartNerd (@ChartNerdTA) October 27, 2025 Analysts have drawn comparisons to XRP’s price action in ￰10￱ that time, the token broke above a long-term resistance block after months of consolidation. A similar structure is forming now, according to a multi-year ￰11￱ price has broken above the same type of resistance block and is holding support from previous accumulation ￰12￱ extension levels show long-range targets at $8, $13–$15, and $27. These are based on XRP’s past expansion moves. Long-Term Accumulation Still in Play XRP has been trading within a rising channel since ￰13￱ to ChartNerd, it recently tested the lower boundary and ￰14￱ bounce occurred near key trendline support, which has held for over 10 ￰15￱ adds weight to the idea of continued ￰16￱ noted , “XRP has no downside liquidity… at some point price will be pushed higher into the deep areas of liquidity.” The quote reflects how thin order books below can act as a springboard if demand ￰17￱ Focus and Broader Sentiment The market narrative remains ￰18￱ traders questioned the strength of the current move due to recent whale activity.

Still, data from Santiment shows buying interest picked up after a round of negative social media sentiment, as we reported . Separately, Ripple also confirmed it has completed its $1.25 billion acquisition of Hidden Road, now rebranded as Ripple ￰19￱ deal, first announced in April, was finalized last ￰20￱ gives the company an entry into the institutional brokerage space. Moreover, for more on Ripple’s recent strategic actions, read here.