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XRP Bull Markets at Critical Juncture: Will $7-$10 Resistance Break Spark Next Cycle?
XRP is currently trading at $2.05, down 2.19% over the past 24 hours, but technical analysts remain focused on a far more ambitious question: can this resilient asset finally breach the resistance zone that could unlock a fresh leg of bull markets momentum?
The token sits at a crossroads. Break through key overhead resistance convincingly, and technical models point to a potential rally into the $7 to $10 range—targets that moved from speculation into mainstream discussion among chart watchers. Some more aggressive projections push even higher, suggesting that wave-structure analysis supports potential price discovery in the $20 to $40 zone before the cycle cools off.
When History Repeats: But with a Twist
XRP’s trading record spans over a decade, offering one of crypto’s richest datasets for pattern recognition. Historically, the token has alternated between explosive rallies and sharp corrections that wiped out most gains. This time feels different.
After last year’s sharp advance, XRP did not collapse back to historical average price levels the way previous bull markets cycles did. Instead, the asset established a sturdier base and has defended it for an extended stretch. This structural shift suggests buyers are taking a longer-term view rather than looking for quick exits.
Two Paths Forward in Current Bull Markets Conditions
The short term remains murky. XRP is currently caught in a wide trading band while buyers and sellers jockey for position. A pullback toward the $1.50 level cannot be dismissed. However, as long as the token holds above the $1 support floor, the bigger picture leans constructive.
Analysts point to two distinct bull markets scenarios:
The conventional case sees XRP advancing in a steady manner, peaking somewhere between $30 and $40 before a natural correction arrives.
The extended cycle case imagines that if this bull phase runs longer than expected, mathematical models allow for prices exceeding $100, though such outcomes remain speculative rather than probable.
What Comes Next
For now, XRP’s immediate future hinges on a single technical hurdle: can it sustain a move above the key resistance level? Until that barrier cracks, the market remains in consolidation mode rather than moving decisively toward either bull markets target. When it does break, the narrative could shift dramatically.