XRP Holds Key Levels Amid Bullish Indicators, Targets $9–$10 Rally

XRP remains in a strong bullish phase supported by key technical indicators and critical price levels. Analysts highlight that maintaining support above $1.75, particularly staying outside the Gaussian Channel, is vital for sustaining upward momentum, with potential targets reaching as high as $9 to $10 during the next Elliott Wave leg. The monthly Relative Strength Index (RSI) is poised to break a seven-year downtrend, signaling an impending explosive surge that aligns with historical patterns following Bitcoin halving events. Despite short-term volatility and a recent price dip, XRP is consolidating within a large symmetrical triangle pattern, suggesting a healthy pause before a probable breakout, with dynamic supports at the 21-day and 50-day exponential moving averages reinforcing the bullish outlook. Recent price action shows XRP recovering from a sharp sell-off, forming a bullish ascending channel above $2.04 and pressing against resistance near $2.09, supported by favorable on-chain metrics and institutional interest. Overall, while macroeconomic uncertainties persist, XRP's technical setup and historical cycles strongly favor a continuation of its bullish trend, provided it holds critical support levels and breaks through key resistance points.