When you zoom out on this weekly chart, one thing becomes pretty clear right away: the XRP price doesn’t really move in short, clean trends. It moves in long phases. Big ones.
You can see it back in the early years when XRP barely did anything, then suddenly surged during the 2017 run, topping out near $3.30 in early 2018. After that came the long, painful correction and years of slow recovery attempts.
Nothing about that journey looks smooth, but the pattern keeps repeating. XRP expands hard, cools off for a long time, then starts building again.
- Why This XRP Sideways Phase Matters
- Why Traders Are Watching XRP at $3.10 So Closely
- Where the $9 Target Comes From
Why This XRP Sideways Phase Matters
What really stands out now is what happened after the late-2024 and early-2025 breakout. The XRP price surged into the multi-dollar zone, and then it just stopped trending. Instead of continuing higher or dumping, it’s been moving sideways for more than a year.
Right now, the price is hovering around $2.05, and it feels like the market is stuck in neutral. But that’s not a bad thing. When XRP trades in a tight range for this long, it usually means pressure is building.
The market is basically waiting for something strong enough to force a move, either up or down. This kind of behavior often shows up during accumulation phases, when big players are quietly positioning rather than chasing price.
Why Traders Are Watching XRP at $3.10 So Closely
On the chart, one level keeps coming up as a key line in the sand: around $3.10. That’s where the 2.272 Fibonacci extension sits, and it’s being treated as the real pivot level.
In simple terms, if the XRP price manages to break above $3.10 and then hold it as support, that would signal a shift from boring consolidation into a new expansion phase. It would mean the range has finally resolved to the upside instead of dragging on.
If that doesn’t happen, though, the story stays the same. XRP remains stuck in its long sideways grind, no matter how exciting short-term moves might look.
XRP Bloodbath or Smart Money Accumulation? The Charts Are Sending Mixed Signals_**
Where the $9 Target Comes From
Higher up on the chart, there’s another level that naturally catches the eye, around $9. That’s the 2.618 Fibonacci extension, and it’s not there as some random moonshot target.
The idea is pretty simple: if XRP breaks out of this long range, reclaims $3.10, and momentum follows through, then those higher extensions suddenly become realistic technical objectives.
Not guarantees, not predictions, but areas the market could aim for based on historical structure. For now, though, none of that matters unless the XRP price proves it can escape this range. First comes the breakout. Then comes the bigger conversation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ripple CEO Pushes Enterprise-Grade Crypto Applications; Stablecoins and XRPL May Lead Next Wave of Institutional Adoption
Ripple Chief Executive Officer Brad Garlinghouse stated that the company will focus on developing enterprise blockchain applications, particularly the application of stablecoins in financial scenarios. Financial institutions' attention to digital assets continues to rise, and the efficiency improvements of blockchain technology in core business areas such as fund management have become a focus for management. Major institutions are actively deploying stablecoins to advance the development of enterprise-grade cryptocurrency payments.
GateNews1h ago
Over $2.2 Billion Bitcoin, Ethereum, XRP Options Expire Today, US PCE Data May Trigger Volatile Swings in Crypto Market
Today, the cryptocurrency market faces important option expiration and PCE inflation data release, with cautious market sentiment. Bitcoin and Ethereum options will expire, with traders expecting Bitcoin to maintain high-level oscillation. Ethereum support is being watched at the $2,100 range. U.S. macroeconomic policy and energy market volatility are similarly affecting market sentiment.
GateNews1h ago
Ripple Initiates $750 Million Stock Buyback, Analysts Say This Could Be Major Positive for XRP Holders
Ripple launches approximately $750 million stock buyback program, drawing attention from the crypto community. Veteran investor Pumpius believes this move enhances company valuation and strengthens confidence in the XRP ecosystem. Meanwhile, Ripple strengthens financial infrastructure through acquisitions, boosting market influence. However, the market questions the direct relationship between buybacks and XRP price. Investors continue to monitor how Ripple's development impacts XRP value.
GateNews1h ago
AI Models Predict XRP Price for 2026, Forecasts Range from $1.58 to $3.85
Leading artificial intelligence models, including ChatGPT, Grok, Claude, Gemini, and others, have projected XRP's price by the end of 2026, with forecasts clustering between approximately $2 and $3 per coin.
CryptopulseElite1h ago
Ripple Splurges $750 Million on Share Buyback While XRP Continues Declining: Why Is the Company's Strategy Diverging from Token Value?
Ripple announced a $750 million stock buyback, with its company valuation potentially rising to $50 billion, yet the XRP token price continues to decline, exposing a decoupling phenomenon between the company and the token. Market confidence in Ripple and XRP is gradually diverging, requiring investors to clarify whether they are investing in company strength or token value, as they face challenges from regulation, utility, and market patience.
PANews4h ago
XRP Today's News: Rare Bottom Signal Appears, Technical Analysis Suggests Price Reversal Approaching
According to Glassnode data, XRP exhibits two major indicator signals indicating that the price is below its fair value, and the realized profit/loss ratio is approaching 1.0, which historically suggests a possible rebound. Additionally, XRP is consolidating within a symmetrical triangle pattern, with a key resistance at $1.50 and support at $1.30, as the market is about to experience a breakout in a specific direction.
MarketWhisper4h ago
