XRP Breaks Above Multi-Year Resistance – Top Analyst Shares Price Target

·

XRP is capturing renewed attention in the cryptocurrency market, currently trading at $0.82 after surging 65% in just a few days and setting new yearly highs. This impressive momentum marks a pivotal shift for the digital asset, which has long struggled under regulatory scrutiny and sideways price action. The breakout above a critical multi-year resistance level has ignited bullish sentiment among investors and analysts alike.

At the center of the conversation is Carl Runefelt, a well-known crypto analyst, who has highlighted XRP’s technical breakthrough as a potential precursor to significant price gains. According to Runefelt, this rally isn’t just another short-term spike—it could signal the beginning of a sustained upward trajectory in the current bull cycle.

👉 Discover how market momentum could accelerate XRP’s next major move.

A New Bullish Chapter for XRP

After years of legal challenges and market stagnation, XRP appears to be entering a new phase of growth. The prolonged uncertainty stemming from Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) had weighed heavily on investor confidence and limited XRP’s performance relative to other major cryptocurrencies.

However, recent developments have shifted the narrative. With signs pointing to a potential reduction in regulatory pressure—such as speculation around SEC Chair Gary Gensler stepping down—market sentiment has warmed considerably. Additionally, broader macro-level support, including pro-crypto policy signals from political figures like President-elect Donald Trump, has further fueled optimism across the digital asset space.

These favorable conditions have created fertile ground for XRP’s resurgence. Carl Runefelt emphasizes that the asset’s breakout from a long-standing resistance zone is not merely a technical milestone—it reflects growing confidence in XRP’s fundamentals and long-term viability.

While Runefelt maintains a cautious outlook with a predicted target of $2 in this bull cycle, other analysts remain more aggressive, with some forecasting values exceeding $10 or even $20 if adoption accelerates. Regardless of exact price targets, the consensus is clear: XRP is regaining relevance.

The psychological barrier of $3.84—the all-time high reached in January 2018—now seems within reach again. Should momentum hold and institutional interest grow, XRP could finally surpass its previous peak and establish new benchmarks in valuation.

Key Technical Levels to Watch

From a technical standpoint, XRP’s recent rally has cleared multiple resistance zones, reinforcing the strength of the current uptrend. Trading at $0.82, the asset is now approaching a crucial supply level at **$0.92**, a price point not seen since 2021. Historically, this region has acted as strong resistance due to accumulated sell-side pressure.

A successful break and subsequent consolidation above $0.92 would be a powerful bullish confirmation. If XRP can establish this level as new support, it may unlock substantial buying interest, potentially driving the price toward **$1.40** in the medium term.

This movement would align with broader market dynamics, where increasing adoption of blockchain-based payment solutions—Ripple’s core focus—lends fundamental support to XRP’s utility narrative.

Conversely, failure to sustain momentum above $0.92 could lead to a consolidation phase, trapping price action in a range until fresh catalysts emerge. While this wouldn’t negate the long-term bullish thesis, it might delay the next leg up and offer strategic accumulation opportunities for patient investors.

Traders are closely monitoring volume patterns, order book depth, and on-chain metrics to assess whether this rally has sustainable demand behind it. Early indicators suggest strong retail and growing institutional participation.

👉 Explore real-time data and tools that help track key support and resistance levels.

Why This Rally Is Different

Unlike previous rallies driven largely by speculation or short-term hype, the current momentum behind XRP appears underpinned by both technical strength and improving fundamentals.

Ripple continues to expand its global payments network, partnering with financial institutions across Asia, Europe, and the Middle East. Its xCurrent and On-Demand Liquidity (ODL) solutions leverage XRP for cross-border transactions, providing tangible use cases that differentiate it from purely speculative assets.

Moreover, increasing clarity around crypto regulation—especially following recent court rulings favoring Ripple in its case against the SEC—has reduced legal overhangs and restored investor confidence.

These developments contribute to a more sustainable growth trajectory, where price appreciation is tied to actual adoption rather than mere market sentiment swings.

Core Keywords and Market Positioning

The resurgence of XRP highlights several core themes relevant to today’s crypto investors:

These keywords reflect strong search intent and align with user queries related to investment opportunities, technical insights, and regulatory updates. By naturally integrating them into discussions about price action and market context, this analysis meets both informational and navigational SEO needs.

Frequently Asked Questions (FAQ)

Q: What caused XRP’s recent price surge?
A: The surge was driven by a combination of technical breakout momentum, positive regulatory speculation (including potential SEC leadership changes), and broader pro-crypto market sentiment.

Q: Has the SEC lawsuit been resolved?
A: While not fully concluded, recent court rulings have favored Ripple on key issues—specifically distinguishing between institutional sales (unregistered securities) and programmatic sales (not securities). This has significantly reduced legal risk for XRP holders.

Q: What is XRP’s next major price target?
A: Analysts project key levels at $0.92 (immediate resistance), $1.40 (mid-term target), and potentially $2 or higher in this bull cycle depending on market conditions.

Q: Can XRP surpass its all-time high?
A: Yes. With strong adoption trends, favorable regulation, and sustained buying pressure, surpassing $3.84 becomes increasingly plausible in 2025.

Q: Is XRP a good long-term investment?
A: It depends on risk tolerance and belief in blockchain-based payment systems. XRP offers real-world utility in cross-border finance, giving it stronger fundamentals than many speculative altcoins.

Q: How does Carl Runefelt analyze XRP?
A: Runefelt uses technical chart patterns, historical resistance levels, volume analysis, and market sentiment to forecast potential price movements while maintaining a cautious and data-driven approach.

👉 Stay ahead with advanced analytics platforms designed for serious crypto investors.

Final Outlook

XRP’s breakout above multi-year resistance marks a turning point after years of stagnation. Fueled by improving fundamentals, favorable regulatory developments, and strong technical momentum, the asset is repositioning itself as a key player in the evolving digital asset landscape.

While challenges remain—including final resolution of the SEC case and broader market volatility—the current trajectory suggests growing confidence in XRP’s long-term role in global finance.

As we move deeper into 2025’s crypto bull run, investors should keep a close eye on key levels like $0.92 and $1.40 while evaluating Ripple’s ongoing adoption metrics. Whether targeting short-term gains or long-term exposure to blockchain-powered payments, XRP presents one of the most compelling narratives in the current market cycle.