XRP News Today: XRP Breakout Confirmed as $10 Price Target Seen as Inevitable

A bold technical analysis from market strategist Steph Is Crypto has drawn significant attention among XRP investors, as he claims the digital asset has confirmed a long-awaited breakout, with a price target above $10 now described as “unavoidable.” His assessment is based on a detailed weekly chart that outlines a recurring pattern of consolidation, followed by breakouts and strong upward surges [1]. According to his analysis, XRP appears to be entering what could be its most powerful upward phase yet.

Steph’s chart identifies three distinct breakout phases for XRP. The first began in mid-2024 following months of consolidation, and the second was triggered by a breakout from a downward trendline, pushing XRP higher into 2025. The current phase, according to the strategist, shows price action that has confirmed an escape from a descending trendline that had previously constrained the asset’s growth [1]. The latest weekly candles have flipped the resistance around $3 into support, a classic bullish signal often seen before parabolic price movements.

At the time of the report, XRP was trading at $3.01, a level that serves as both psychological resistance and a critical test of the breakout’s validity. The tight trading range reflects ongoing pressure from both buyers and sellers, but on-chain data suggests strong underlying bullish momentum. Nearly 94% of XRP’s circulating supply is in profit, according to Cointelegraph, a figure that historically has indicated strong accumulation but also the potential for profit-taking corrections [1].

The broader market environment has also become more favorable for XRP. The long-running SEC vs. Ripple legal case has now reached a resolution with the withdrawal of appeals and the finalization of penalties. This has effectively removed a significant regulatory overhang that had previously limited institutional and retail participation in XRP. Combined with improved liquidity across the crypto market, this shift is seen as a key catalyst for XRP’s next potential surge [1].

Steph’s projection of a price move beyond $10 is not speculative but is grounded in the recurring technical behavior of XRP and the improved macroeconomic landscape. If the current breakout mirrors the magnitude of the previous two phases, XRP could see substantial gains. However, the strategist cautions that traders should remain cautious, as profit-taking and whale activity could lead to short-term corrections [1].

The technical confirmation of a breakout above key resistance levels indicates that XRP has the structural momentum to continue rising. If the analysis proves accurate, the next phase could see XRP enter a new price territory. With regulatory clarity now in place and strong on-chain metrics reinforcing the bullish sentiment, a move above $10 no longer appears distant—it is increasingly viewed as the next inevitable milestone [1].

Source: [1] Market Strategist: XRP Breakout Is Confirmed. $10+ Is Unavoidable (https://timestabloid.com/market-strategist-xrp-breakout-is-confirmed-10-is-unavoidable/)