- Ripple is currently testing a critical resistance level, signaling a potential breakout from its month-long consolidation phase.
- Ripple’s recent golden cross pattern has sparked optimism among analysts, with some predicting a possible surge to $10.
Ripple Stuck in a Range—But Not for Long?
Ripple’s native token, XRP, has been trapped in a tight consolidation phase for over a month, oscillating between $2.1 and $2.4. Attempts to break past the $2.6 resistance in mid-May failed, but bulls are holding strong. After bouncing off the lower boundary last week, XRP has climbed 4.5% to sit just above $2.3, fueling optimism among analysts and investors.
Technical charts suggest that XRP is currently testing the upper boundary of a symmetrical triangle—a pattern formed by converging trendlines.While traders typically see this as a neutral indicator, a breakout from the triangle could trigger a powerful rally, potentially redefining XRP’s trajectory.
Golden Cross Sparks $10 Speculation
Adding more fuel to the bullish fire, Ripple has just printed a golden cross on the 2-day chart—an event where a short-term moving average crosses above a longer-term one.Traders often see this classic technical signal as a harbinger of a major uptrend.
Popular XRP analysts, including Cobb and Steph Is Crypto, have turned ultra-bullish. Steph claimed the next 1–2 months “will make millionaires,” while Cobb described the incoming move as “brutal,” hinting at a potential surge to $10.
Is $10 Realistic—or Just Hype?
A jump to $10 would mean XRP’s market cap exceeds $500 billion, possibly overtaking Ethereum to become the second-largest crypto by valuation. While even AI models like ChatGPT acknowledge that such a move is possible under the right conditions—such as favorable regulatory clarity, strong adoption, and continued institutional interest—investors should approach with cautious optimism.
For now, all eyes remain on the symmetrical triangle breakout. If the bulls succeed, Ripple’s XRP might just be gearing up for its most explosive run yet.
