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XRP is poised to reach an all-time high after Bitcoin's breakout. It's trading at $3.01, with immediate resistance at $3.10. If it breaks through this ceiling, it could reach $3.30 and $3.40. That's what market participants see as the next extension of the current structure. On the downside, $2.73 is the support line.
Weekly dynamics support the bullish scenario as XRP is trading above its 20-week average at $2.80 — a signal that buyers still control the market.
More importantly, the Bollinger Bands on this time frame are expanding. The upper band is at $3.57 and the lower at $1.90.
Band widening is historically a trigger for explosive trends. Earlier this year, a similar widening preceded XRP's rise from $0.60 to over $3.50 in less than three months. This move still defines the token's performance narrative.
Best scenario for XRP price
Right now, the most important thing is the weekly close. If XRP's price remains above $2.73, it keeps the bullish formation intact. But if it drops below that price, it could challenge the overall idea that the market is trending up.
In this case, the next point to watch will be $3.20.
Bitcoin has already reached an all-time high, setting the standard for the market. Bollinger Bands make XRP the next candidate in line for this challenge. It is supported by both short-term resistance tests and a widening weekly structure that echoes the altcoin's most powerful rallies.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team