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Analyst Says XRP Will Soon Breakout Towards $10. Here’s why

Analyst Says XRP Will Soon Breakout Towards $10. Here’s why

TimesTabloidTimesTabloid2026/03/09 07:45
By:TimesTabloid

XRP’s price compression has reached a decisive stage, with the technical structure tightening around a key historical level.

Crypto analyst CryptoBull (@CryptoBull2020) shared a weekly chart showing the asset pressing against intersecting trendlines while holding a critical support zone formed after a major breakout in 2025.

He stated that XRP has completed a “perfect retest of the July 2025 breakout.” The analyst also noted that the “end of apex this week” could lead to a breakout in the following weeks. His projection places XRP on a path toward $10.

#XRP perfect retest of the July 2025 breakout. End of apex this week. Next week breakout and then onwards to $10. pic.twitter.com/kGuG58tnNj

— CryptoBull (@CryptoBull2020) March 7, 2026

July 2025 Breakout Level Holds

The chart highlights a significant breakout that occurred in July 2025. XRP pushed above a descending resistance line that had controlled price movement for months. That breakout culminated in the asset’s all-time high of $3.65. It also created a strong structural level that now acts as support.

Recent price action shows XRP returning to that exact area. The asset tested the breakout zone while moving inside a tightening wedge pattern. This type of structure often appears when markets consolidate before a directional move. The weekly candles show XRP respecting both the descending resistance and the lower trendline support. It now trades directly near the apex where those lines converge.

CryptoBull’s chart places a highlighted circle around this compression zone. The structure suggests that price has reached the final stage of consolidation after the earlier breakout.

Apex Compression Signals Possible Expansion

The apex occurs when converging trendlines force price into a narrow range. Volatility usually declines during this stage. Once the price exits the pattern, volatility typically returns quickly. CryptoBull emphasized that the pattern now sits at its conclusion. His post states that hitting the apex this week could precede a breakout attempt.

The chart shows a descending white resistance line that currently caps the latest price action. A horizontal support level intersects near the same area. XRP trades directly at this intersection. If buyers push through the descending resistance, the breakout would confirm a move out of the compression structure.

XRP: Path Toward the $10 Target

CryptoBull’s projection focuses on the next phase following a confirmed breakout. In his post, he stated that after the breakout, XRP could begin a run toward $10. The $10 level aligns with projections based on previous market cycles and extended trend expansions.

The weekly chart structure supports a strong move if resistance breaks. XRP has earlier established higher price zones. A breakout from the apex would open space above the current consolidation for a quick upward move.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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