XRP To Hit New All-Time High Soon, But There’s A Catch

XRP has recovered from its recent dip, moving back above the $3 level after falling to $2.70 at the start of ￰0￱ asset currently trades near $3.03 , reflecting a modest rebound of more than 12% from its earlier ￰1￱ this recovery, analysts note that the market remains at a critical juncture, with the next move dependent on key technical ￰2￱ Setup According to market strategist Matthew Dixon, XRP’s price action since July has been forming a contracting Elliott Wave ￰3￱ pattern has defined the coin’s movements following the yearly high of $3.66 in ￰4￱ there, XRP declined to $2.72 in early August, establishing wave (A). A rebound followed later that month, topping at $3.38 for wave (B), but the rally was capped by resistance along the descending ￰5￱ (C) formed at the $2.70 low earlier this month, and the market has since advanced again to test resistance near $3.05, completing wave (D).

With this structure in place, Dixon suggests that XRP is approaching an important decision point at the triangle’s upper ￰6￱ in mind – THIS IS A VALID OPTION for #XRP Either way we should push to new ATH soon but we MAY still have the E wave of a potential Triangle formation to complete before the real impulse higher for $XRP ￰7￱ — Matthew Dixon – Veteran Financial Trader (@mdtrade) September 11, 2025 Dixon outlined two potential near-term ￰8￱ the first, XRP could break through the upper resistance without further declines, creating room for an advance to around $3.90. This scenario would translate into nearly 30% upside from current levels. Alternatively, XRP could be rejected at resistance and pulled back to establish wave (E) near the $2.655 support ￰9￱ this occurs, Dixon expects the correction to act as a base for a stronger rally, potentially pushing the asset from $2.65 to $3.90, a move representing about 47% ￰10￱ of which scenario unfolds, Dixon’s analysis anticipates an eventual breakout from the triangle that could carry XRP toward a new all-time ￰11￱ Resistance and Support Levels Supporting data shows that XRP’s relative strength index (RSI) currently stands near 57, placing it in neutral territory with space to move in either ￰12￱ identify the $3.05 to $3.15 range as the immediate resistance to overcome, while $2.655 remains the crucial support level to ￰13￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Additional Market Perspectives Other analysts share similar ￰14￱ Crypto recently noted that XRP’s structure also resembles a symmetrical triangle, with equal chances of a bullish or bearish ￰15￱ emphasized that a close above $3.077 to $3.13 on the three-day chart, together with reclaiming the 21-period simple moving average, would reinforce the bullish ￰16￱ contrast, he warned that losing $2.77 would give sellers an advantage, and a breakdown below $2.55 would indicate deeper ￰17￱ at shorter timeframes, EGRAG highlighted an ascending triangle pattern on the four-hour chart, requiring XRP to stay above $2.973 to maintain the ￰18￱ targets include $3.12, with interim support at $2.957, $2.912, and a key floor at $2.85.

Meanwhile, analyst Casi Trades argued that XRP has already exited its recent ￰19￱ identified $3.00 as a key level now serving as support, with immediate resistance at $3.08 and $3.27. In her view, a move above $3.25 could open the door to a push toward $4.50, with $3.66 likely to be retested during the process. XRP’s recovery above $3 has positioned it at an important stage, with analysts closely monitoring resistance around $3.10 and support near $2.65. While short-term outcomes remain uncertain, both primary scenarios outlined by Dixon point to an eventual breakout toward $3.90 and potentially new record highs, provided these key levels ￰20￱ : This content is meant to inform and should not be considered financial ￰21￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰22￱ are urged to do in-depth research before making any investment ￰23￱ action taken by the reader is strictly at their own ￰24￱ Tabloid is not responsible for any financial ￰25￱ us on Twitter , Facebook , Telegram , and Google News