Title: XRP Breaks Out: Technical Analysis Points to $2.81 as Next Target

XRP has surged back into the spotlight as it gains strong upward momentum, according to a recent technical analysis by research firm MakroVision. The cryptocurrency has seen over a 25% increase in value in just a few days, drawing renewed investor attention after bouncing from the 0.382 Fibonacci retracement level.

At the time of writing, XRP is trading just below a key resistance level at $2.65, based on Binance TR data. Analysts highlight that the price action remains bullish, with a clear trend of higher highs and higher lows supporting continued momentum.

MakroVision notes that the recent breakout above the $2.48 level has reinforced bullish sentiment. The next significant targets include the $2.65 resistance — which has already been tested once — and the “golden pocket” range between $2.73 and $2.81. This range is considered a strong resistance cluster, and a confirmed breakout past $2.65 could pave the way for a move into this critical zone.

Support levels remain just as important in maintaining the bullish structure. Analysts identify $2.48 as the immediate support to watch for short-term pullbacks. In the medium term, holding the orange support zone around $2.20 is crucial to sustaining the uptrend and preserving the long-term bullish outlook.

While the technical setup is favorable, MakroVision emphasizes that healthy corrections are a normal part of an uptrend. Maintaining key support levels, especially around $2.20, is vital for XRP to stay on track toward its higher targets.

The firm’s outlook suggests a strong technical foundation for XRP — but as always in crypto, volatility remains part of the journey.

Note: This is not investment advice. Always do your own research before making financial decisions.