 
 
XRP traded in a relatively tight range on Sunday after a week of significant volatility in the broader cryptocurrency market.
It is worth noting that over the past week, the cryptocurrency has gained at least 3% for the week, indicating that investors are starting to find their footing in the current market uncertainty.
However, in this context, several cryptographic analysts have indicated that XRP may be on the verge of a major breakout, especially against Bitcoin (BTC).
According to renowned analyst John Marks, the potential scale of XRP’s next move is significant.
“It looks like XRP is poised for a run of over 680% against Bitcoin”, he noted, stressing that such an increase could push the price of XRP above $10.
 
He further noted that the measured movement targets indicate that the cryptocurrency may even challenge the level above $15 if the momentum continues.
Meanwhile, according to analyst ChartNerd, “A close and hold above this retest of the 200-week EMA $XRP ($1.41) will be a short-term signal this week“, he said.
He indicated that breaking this important resistance could open the door for further upward movement.
Furthermore, well-known analyst Ali Charts pointed to $1.38 as the final point.
In his opinion, if XRP breaks this support below, the market could quickly turn its attention to deeper support areas around $1.06 and possibly $0.80.
This highlights that while the upside is attractive, there is still downside risk if the technical upper bounds are not maintained.
Elsewhere, analyst Token Talk drew on trend support that XRP is approaching.
Trendline support often serves as an area that buyers enter after a reversal, and Token Talk’s analysis suggests that holding this line could keep the path open to the higher range.
“Jumping from this level towards the highest range in the game keeps”, he stated, suggesting that buyers can protect the area and regain momentum.
Moreover, according to analyst Amonyx, fundamental factors may play an important role in XRP’s next move.
The analyst noted that if 30% of the XRP circulation supply Price targets in the range of $7.50 to $11 are possible. “But what if 50%… or even 70% is blocked?he asked.
He pointed to the potential impact of staking or closing supply on the token’s price.
At press time, XRP was trading at $1.35, reflecting a 0.73% gain in the last 24 hours.
