The post Ripple News: XRP Price on the Cusp of Breakout as Bulls Target $10 appeared first on Coinpedia Fintech News
XRP is trading slightly below $3, but market data shows a breakout may be near. Analysts point to rising sentiment, surging volume, and strong technical setups as signs that bulls could push prices much higher, with some targets stretching to $10.
Rising Sentiment and Volume Support Momentum
Data shows net volume sentiment for XRP is climbing toward 70 percent, a level that means strong trading activity. According to analyst Paul Barron, once sentiment holds above 60 percent, assets often see significant upside. Recent four-hour charts show volume and net volume expanding, which supports the view that XRP is preparing for a move upward.
Technical Levels to Watch
The next important resistance lies near $3.40. A confirmed breakout above this level could open the path to $5 and beyond. Some analysts suggest the April low marked the end of a corrective wave, setting up a larger five-wave impulse move. If this structure holds, the third wave could take XRP toward $3.84 or higher, before a pullback and renewed rally.
On the downside, immediate support sits between $2.97 and $3.20. A deeper support zone is located around $2.79–$2.87. If prices fall below $2.79, it would weaken the bullish case and delay a breakout attempt.
Path Toward $10
Analysts tracking longer-term wave structures argue that XRP could eventually push above $5 and set up a rally toward $10 if momentum builds. While the price has yet to clear major resistance, the combination of sentiment strength and wave structure hints that the next move could be to the upside.