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XRP Shows Potential Parabolic Momentum After Breaking Major Resistance With Over 70% Gains

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(09:26 AM UTC)
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  • XRP has surged over 70% in under three weeks, breaking critical resistance and entering a parabolic growth phase with targets above $8.

  • The token’s bullish momentum is confirmed by expanding EMA ribbons and volume, although short-term indicators warn of potential overbought conditions.

  • According to Meta Warior’s analysis, XRP’s breakout from Base 2 resistance signals a transition into a historically aggressive upward cycle.

XRP breaks key resistance, surging 70%+ in weeks with strong volume and EMA confirmation; watch $2.70 support and $3.60 resistance for next moves.

Parabolic Breakout Signals Strong Uptrend for XRP

XRP’s recent price action marks a significant milestone as it breaks above the Base 2 resistance level, a barrier that has held since 2018. This breakout initiates Base 3, a phase historically associated with rapid, vertical price appreciation. The surge from approximately $2.00 to $3.45 in less than three weeks is the most aggressive rally since 2021, indicating renewed investor confidence and market interest.

The parabolic model, supported by Meta Warior’s charting, suggests XRP is entering the steepest segment of its growth curve. This phase often precedes the “needle” stage, characterized by accelerated price gains and heightened volatility. Long-term projections based on log regression bands place XRP’s next major target near $8.00, with potential extensions to $40 or even $100 if the pattern sustains.

Technical Indicators Confirm Bullish Momentum Amid Overbought Signals

Technical analysis reveals that XRP’s EMA ribbons have turned sharply upward and expanded, a classic sign of strong bullish momentum. Volume expansion further validates the strength of this rally, reflecting increased trading activity and market participation.

However, short-term indicators highlight caution. XRP is currently trading near the upper Bollinger Band at around $3.61, a level that frequently acts as resistance and may signal overbought conditions. The MVRV Z Score, a metric measuring market valuation relative to realized value, stands at 31.65—significantly above the historical red zone threshold of 7.0. Previous peaks in this metric coincided with short-term price tops, suggesting a potential cooling-off period or pullback could occur if buying pressure diminishes.

Critical Support and Resistance Levels to Monitor

Volume remains robust at 60.33 million, underscoring active market engagement during this rally. The breakout above the $2.70–$2.90 support zone is pivotal; maintaining this level is essential to uphold the parabolic trend. A failure to hold this support could lead to a re-accumulation phase or invalidate the current bullish structure.

On the upside, the $3.60 resistance level represents the next hurdle. Surpassing this point could open the path toward the psychologically significant $4.00 mark, potentially accelerating the rally. Conversely, inability to break through may trigger a short-term correction, allowing the market to consolidate before any further upward movement.

Overall, XRP’s price dynamics reflect a high-velocity growth environment supported by strong technical factors and volume. While short-term risks exist due to overbought signals, the broader structural setup points to historic upside potential if momentum persists.

Conclusion

XRP’s breakout above long-standing resistance and entry into a parabolic phase signals a robust bullish trend with significant upside potential. Key support levels between $2.70 and $2.90 must hold to sustain this momentum, while overcoming $3.60 resistance could propel the token toward new highs. Investors should remain vigilant of short-term overbought conditions but recognize the broader structural alignment favoring continued growth. Monitoring volume and technical indicators will be critical in assessing the sustainability of this rally.

Sheila Belson

Sheila Belson

Sheila Belson is a 20-year-old financial content editor who ventured into the realm of cryptocurrencies in 2023. Enthralled by the innovative world of non-fungible tokens (NFTs), she harbours a profound affection for Ethereum. With a sharp eye for detail, Sheila skillfully navigates the dynamic crypto landscape, continuously seeking to enrich her understanding and share her passion through engaging and insightful content.
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