The post Can Bulls Reclaim All-Time Highs? appeared on BitcoinEthereumNews.com. Key Insights: XRP faces strong resistance at $2.70, a breakout could open a path toward $3.10 and beyond. Price holds above key Fibonacci supports at $1.61 and $2.25 despite recent sharp sell-off. Falling channel remains intact, next move above or below will shape XRP’s short-term direction. XRP Eyes $2.70 Breakout: Can Bulls Reclaim All-Time Highs? XRP was trading at $2.50 after a sharp pullback earlier in the week. Over the past 24 hours, the price has edged up 2.1%, though it remains down 12.9% over the last seven days. The recent drop brought XRP near $2.30 before buyers stepped in. The token continues to move within a falling channel that has shaped the trend for several weeks. This pattern is formed by downward-sloping support and resistance lines. The bounce from the lower boundary suggests buyers are active at that level, but the trend remains controlled by sellers. $2.70 Resistance Remains a Barrier The area between $2.70 and $2.73 has become the main level to watch. It marks previous breakdown support and lines up with the midpoint of the current channel. A move above this zone could shift the short-term direction and allow room for further gains. Chart analyst ChartNerd stated,  “$2.70 is the resistance bulls need to clear to set up a move back toward the all-time highs.”  The price has tested this area before but has yet to close above it with strength. A clear breakout could set the stage for a push toward $3.10 and, beyond that, the 2021 peak near $3.80. Key Fibonacci Levels Still Hold On the monthly chart, XRP is holding above two important Fibonacci retracement levels—0.786 at $1.61 and 0.886 at $2.25. These levels have acted as a floor during recent selling and have not yet been broken on a closing basis. A deep… The post Can Bulls Reclaim All-Time Highs? appeared on BitcoinEthereumNews.com. Key Insights: XRP faces strong resistance at $2.70, a breakout could open a path toward $3.10 and beyond. Price holds above key Fibonacci supports at $1.61 and $2.25 despite recent sharp sell-off. Falling channel remains intact, next move above or below will shape XRP’s short-term direction. XRP Eyes $2.70 Breakout: Can Bulls Reclaim All-Time Highs? XRP was trading at $2.50 after a sharp pullback earlier in the week. Over the past 24 hours, the price has edged up 2.1%, though it remains down 12.9% over the last seven days. The recent drop brought XRP near $2.30 before buyers stepped in. The token continues to move within a falling channel that has shaped the trend for several weeks. This pattern is formed by downward-sloping support and resistance lines. The bounce from the lower boundary suggests buyers are active at that level, but the trend remains controlled by sellers. $2.70 Resistance Remains a Barrier The area between $2.70 and $2.73 has become the main level to watch. It marks previous breakdown support and lines up with the midpoint of the current channel. A move above this zone could shift the short-term direction and allow room for further gains. Chart analyst ChartNerd stated,  “$2.70 is the resistance bulls need to clear to set up a move back toward the all-time highs.”  The price has tested this area before but has yet to close above it with strength. A clear breakout could set the stage for a push toward $3.10 and, beyond that, the 2021 peak near $3.80. Key Fibonacci Levels Still Hold On the monthly chart, XRP is holding above two important Fibonacci retracement levels—0.786 at $1.61 and 0.886 at $2.25. These levels have acted as a floor during recent selling and have not yet been broken on a closing basis. A deep…

Can Bulls Reclaim All-Time Highs?

For feedback or concerns regarding this content, please contact us at [email protected]

Key Insights:

  • XRP faces strong resistance at $2.70, a breakout could open a path toward $3.10 and beyond.
  • Price holds above key Fibonacci supports at $1.61 and $2.25 despite recent sharp sell-off.
  • Falling channel remains intact, next move above or below will shape XRP’s short-term direction.
XRP Eyes $2.70 Breakout: Can Bulls Reclaim All-Time Highs?

XRP was trading at $2.50 after a sharp pullback earlier in the week. Over the past 24 hours, the price has edged up 2.1%, though it remains down 12.9% over the last seven days. The recent drop brought XRP near $2.30 before buyers stepped in.

The token continues to move within a falling channel that has shaped the trend for several weeks. This pattern is formed by downward-sloping support and resistance lines. The bounce from the lower boundary suggests buyers are active at that level, but the trend remains controlled by sellers.

$2.70 Resistance Remains a Barrier

The area between $2.70 and $2.73 has become the main level to watch. It marks previous breakdown support and lines up with the midpoint of the current channel. A move above this zone could shift the short-term direction and allow room for further gains.

Chart analyst ChartNerd stated, 

The price has tested this area before but has yet to close above it with strength. A clear breakout could set the stage for a push toward $3.10 and, beyond that, the 2021 peak near $3.80.

Key Fibonacci Levels Still Hold

On the monthly chart, XRP is holding above two important Fibonacci retracement levels—0.786 at $1.61 and 0.886 at $2.25. These levels have acted as a floor during recent selling and have not yet been broken on a closing basis.

A deep wick on the current monthly candle shows that price briefly dipped to $2.25 before reversing. According to Cantonese Cat, this was a “scary deleveraging event that retail didn’t really get a chance to buy.” This suggests the drop may have been driven by liquidations, not a lack of interest.

Source: Cantonese Cat/X

Direction Hinges on $2.70 Break

XRP continues to trade within a downward-sloping structure. Until $2.70 is broken, the pattern remains intact. Traders are watching for a breakout or another rejection at that level.

If the price pushes above $2.70 and holds, the path toward $3.10 becomes more likely. On the other hand, failure to stay above $2.30 could lead to renewed pressure, with the next support near $2.10. The next move will likely decide whether XRP shifts from consolidation into a stronger trend.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Source: https://coincu.com/analysis/xrp-eyes-2-70-breakout/

Market Opportunity
BULLS Logo
BULLS Price(BULLS)
$337.06
$337.06$337.06
+2.58%
USD
BULLS (BULLS) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

The post CEO Sandeep Nailwal Shared Highlights About RWA on Polygon appeared on BitcoinEthereumNews.com. Polygon CEO Sandeep Nailwal highlighted Polygon’s lead in global bonds, Spiko US T-Bill, and Spiko Euro T-Bill. Polygon published an X post to share that its roadmap to GigaGas was still scaling. Sentiments around POL price were last seen to be bearish. Polygon CEO Sandeep Nailwal shared key pointers from the Dune and RWA.xyz report. These pertain to highlights about RWA on Polygon. Simultaneously, Polygon underlined its roadmap towards GigaGas. Sentiments around POL price were last seen fumbling under bearish emotions. Polygon CEO Sandeep Nailwal on Polygon RWA CEO Sandeep Nailwal highlighted three key points from the Dune and RWA.xyz report. The Chief Executive of Polygon maintained that Polygon PoS was hosting RWA TVL worth $1.13 billion across 269 assets plus 2,900 holders. Nailwal confirmed from the report that RWA was happening on Polygon. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 The X post published by Polygon CEO Sandeep Nailwal underlined that the ecosystem was leading in global bonds by holding a 62% share of tokenized global bonds. He further highlighted that Polygon was leading with Spiko US T-Bill at approximately 29% share of TVL along with Ethereum, adding that the ecosystem had more than 50% share in the number of holders. Finally, Sandeep highlighted from the report that there was a strong adoption for Spiko Euro T-Bill with 38% share of TVL. He added that 68% of returns were on Polygon across all the chains. Polygon Roadmap to GigaGas In a different update from Polygon, the community…
Share
BitcoinEthereumNews2025/09/18 01:10
👨🏿‍🚀TechCabal Daily – Folded by a paper cut

👨🏿‍🚀TechCabal Daily – Folded by a paper cut

In today's edition: Mpact’s paper mill is shutting down || An e-commerce play for SA’s Post Office || Kenya’s traffic cop
Share
Techcabal2026/03/10 14:05
MTN Plans Starlink Launch in Zambia

MTN Plans Starlink Launch in Zambia

MTN’s Starlink launch plan in Zambia signals a new phase for satellite internet expansion, aiming to accelerate rural connectivity and support the country’s digital
Share
Furtherafrica2026/03/10 14:00