TLDR
- XRP price has broken above $3.60 after clearing the long-standing resistance at $2.72.
- The move marks the highest XRP price level in more than two years.
- DonAlt remains committed to his long-term XRP target of $6.90 following the breakout.
- The range between $2.05 and $2.72 held for over six months before the breakout occurred.
- The breakout shows strong technical follow-through across multiple timeframes.
XRP price has surpassed $3.60 after months of limited movement, breaking through the long-standing cap at $2.72. This breakout confirmed a major shift in price structure and attracted significant market interest. The move pushed XRP to its highest level in over two years.
This price development follows a long range between $2.05 and $2.72 that persisted for more than six months. The latest move established a clear breakout zone with continued momentum. The daily chart confirms this shift, showing consistent upward follow-through since the resistance broke.
A trader known for early trend signals, DonAlt, maintained his bullish stance and reinforced his target of $6.90 for XRP. He highlighted the significance of the $2.72 breakout as critical to his long-term plan. This aligns with his strategy of waiting for technical confirmation before increasing exposure.
XRP Price Holds Strength Above Resistance Zone
XRP price moved decisively through its previous resistance level and has continued upward without signs of major rejection. The price crossed above $3.60, nearing the 2021 cycle peak of $3.84. Traders have noted the strength of this breakout across multiple timeframes.
This breakout stands out because large-cap tokens rarely show such high-momentum moves after extended consolidation. XRP price has held above the $2.72 level with strong conviction, reducing previous uncertainty. Despite the sharp move, the structure remains technically intact.
DonAlt emphasized the importance of sticking with the original plan and not reacting emotionally. He indicated that he has no intention of trading against the trend. The market continues to reward disciplined positioning rather than chasing extended rallies.
$XRP update:
This was just the most obvious trade of a lifetime
I'm simply gonna hold, think there is more in the tank and I'm too lazy to trade it aroundThat said, the higher we go the higher the risk goes as well so gotta be careful not to go too crazy pic.twitter.com/9jPQrFu42u
— DonAlt (@CryptoDonAlt) July 18, 2025
Upside Target in Focus, But Risk Grows With Price Stretch
While XRP price targets above $6.00 appear more realistic now, the risk of fast pullbacks has increased. The higher the price moves, the greater the chance of volatility spikes. Market participants are managing entries more carefully to avoid unfavourable trades.
DonAlt warned that increased price levels often attract late entries, which can face downside pressure. His approach emphasises patience and proper sizing instead of overtrading. The broader crypto environment also adds layers of unpredictability despite strong technical moves.
With rumors about an XRP ETF and renewed market interest, momentum has picked up significantly. However, such extensions usually invite stronger reactions once short-term highs are tested. XRP price remains in focus as traders watch the next central reaction point.