The price of XRP is building bullish momentum: Keep a close watch on this resistance level:

The Ripple token has performed remarkably in the fourth quarter of 2024 and early first quarter of 2025, but it has stalled in the following months, and its consolidation phase is not yet over.
However, analysts insist that the asset can achieve significant gains as long as it reclaims a key resistance level.
The main resistance level for $XRP is $2.38. Breaking this level could lead to a significant movement.
According to Ali Martinez's analysis of XRP's UTXO, he identified that this critical level is at $2.38, where the fourth largest cryptocurrency has faced several rejections in recent months. However, he added that a critical breakout above it could cause the token to skyrocket.
Shortly after, an analyst with nearly 140,000 followers on X pointed out that XRP could rise to $2.6 as long as it recovers $2.33.
BitGuru also clarified the importance of the same two main resistance lines, saying that the asset was rejected at the lower line after confirming the "inverse head and shoulders pattern and the triple bottom."
"With XRP testing support at $2.23 now, the door opens for a return to $2.33 as long as it can stay above it," BitGuru added.
Elite Crypto's analysis is similar to Martinez's analysis, where they pointed out that XRP "shows a strong bullish setup." They added that "the price consistently respects horizontal support and is now approaching downtrend resistance."
The analyst predicted that a breakthrough from this obstacle could lead to a massive increase in the price of the XRP token, potentially reaching its all-time high of $3.4 or exceeding it.
$XRP shows a strong bullish setup as the price consistently respects the horizontal support and is now approaching the downward trend resistance. A breakout from this area could lead to a sharp upward movement towards the $3.50 range, which has acted as a previous resistance level.
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