XRP Flips Resistance as Analysts Clash Over Path to $3.65

2 hour ago 2 sources neutral

Key takeaways:

  • XRP's reclaimed multi-cycle support at $1.10 sets the stage for a structural trend change if held.
  • Skeptics' market cap concerns highlight the gap between speculative momentum and fundamental valuation.
  • Volume surge confirms trader interest, but failure at $1.22 could expose XRP to a swift correction.

Ripple’s XRP is once again at the center of heated debate, with technical signals pointing to a potential major breakout while skeptics question the token's long-term prospects. Analyst EGRAG CRYPTO, known for ultra-bullish calls, shared a chart suggesting XRP could first dip to $0.95—a level that aligns with other forecasts for a short-term low below $1.00—before embarking on a massive rally toward a new all-time high. EGRAG has repeatedly cited targets as high as $27 during the most intense phases of the next bull cycle, emphasizing that “structure > noise > emotion.”

In stark contrast, popular commentator @shah asked his 400,000 followers to explain the hype, sparking a wave of bearish responses. Critics highlighted that a triple-digit XRP price would require a market cap exceeding $6 trillion—larger than Apple—and called the token “dead” due to tokenomics, constant selling pressure, and internal organization issues. Others compared XRP supporters to political loyalists, dismissing optimistic price predictions as baseless.

Amid the polarization, market analyst Crypto Kid noted that XRP has just flipped a multi-cycle resistance level into support—a classic bullish signal. The asset is now consolidating above $1.10, with the next critical resistance at $1.22. A convincing break above that order block could accelerate momentum. Trading volume has already surged over 200%, and XRP’s technical structure is improving. The ultimate target is the all-time high of $3.65, reached last July after the U.S. House of Representatives passed landmark crypto legislation, including the GENIUS Act and CLARITY Act. If buyers defend support, the groundwork could be set for XRP’s next major breakout.

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