XRP – A Constructive Chart Amid Fantasmagoric Predictions 🚀

[m_c_jacob]

I admit, I’m not the biggest fan of XRP. A big part of that comes from the noise surrounding it – especially the “influencers” who keep calling for absurd levels like $10,000 XRP. That kind of narrative makes serious traders roll their eyes.

But putting bias aside, the chart tells a different, more constructive story.

1. Market Context – How XRP Handled the Dip

Looking back at April’s correction:

ETH fell sharply, making new lows around 1400.

XRP, in contrast, held its ground much better.

That relative strength is often overlooked, but it’s a sign of resilience.

2. Breakout Structure – Higher Highs in the Making

From June, XRP staged a strong leg up, reaching a new ATH in late July.

A correction followed, perfectly normal in such a cycle.

Since then, price has been consolidating in a clear structure, with $2.70 acting as a strong support.

At the time of writing, XRP trades slightly above $3, looking ready to break the sequence of lower highs that started post-ATH.

3. Trading Outlook – Realistic Targets

If the breakout materializes, here’s how I see it:

First target → The ATH, a natural magnet for price.

Extended target → A push into $4 territory wouldn’t be out of the question at all on this leg up.

4. Final Thoughts

Forget the hype about “life-changing moonshots.” XRP’s chart offers a clean, technical setup. As long as $2.70 support holds, the upside scenario remains compelling.

The key here is discipline: targeting achievable levels, not fantasies.