XRP May Not Retrace After Breaking Key Resistance, Analyst Reveals Potential Upside

Crypto analyst Austin (@Austin_XRPL) has released a long-term XRP price chart, pointing out that if the current price range is effectively broken, the future price may never return to this range. The chart shows that XRP has been fluctuating between $0.14 and $3.33 for several years, with multiple attempts to break through the upper resistance failing to sustain, indicating that the market has accumulated significant potential momentum at low levels.

From a monthly perspective, each pullback after touching the $3.33 resistance level seems to be part of an accumulation process. Technical analysis suggests that if the price eventually breaks through this key resistance level, its target may far exceed historical highs. Based on the extrapolation of the range height, the potential upside is considerable. This pattern is often regarded as a classic "breakout and acceleration" model in technical analysis.

It is worth noting that the longer XRP stays in this range, the stronger its upward momentum may be once an effective breakout occurs. Market participants should focus on whether $3.33 is broken with increased volume, which will be an important signal to determine whether a fundamental shift in the trend is occurring. If the breakout is confirmed, XRP may start a new round of upward cycle, and the previous long-term fluctuation range will become a historical support area.