Crypto: Breaking Xrp Price ‘liftoff’ To $10 Will Take Time, Traders Say

XRP is holding the $1.80-$2 support, with multiple indicators suggesting an extended sideways price action before a “liftoff” toward double figures.

XRP (XRP) may see another sharp rise to a double-digit price, but similar market setups in 2022 and 2017 pointed to an extended consolidation period before this happens.

XRP macro setup targets $10, but an extended consolidation is required before any sharp liftoff.

XRP holds strong $1.80–$2 support since December 2024, which has historically produced 35%-90% price rebounds.

Onchain data suggest XRP is at levels that have previously preceded sideways price action.

XRP defended the $1.78–$2 support band that it has held since December 2024, as shown in the chart below.

The XRP/USD pair has bounced 35%-90% each time it has retested this support base.

It can gain as much as another 57% by year’s end if the setup plays out in the same way.

Related: XRP metric echoes setup that preceded 68% price fall

Analyst Mikybull Crypto said XRP is “preparing for liftoff” citing formidable support near the 2021 high at $1.96.

Source: CoinTelegraph