XRP continues to exhibit remarkable resilience despite a recent correction across the crypto market, supported by a significant 94% decline in whale selling. This reduction strengthens XRP’s technical underpinnings. It adds some stability against the whipsaw, short-term volatility that the cryptocurrency has experienced in lockstep with Bitcoin and Ethereum. According to technical analysis, XRP is preparing for a bullish breakout move beyond the $3.60 level.

XRP has held higher lows even in the face of extreme market volatility. It ran into major resistance around $3.60. This amount brings to mind the memories of its all-time high of $3.66, set on July 21st, 2025. In the wake of that spike, XRP dropped back down to $3.44, a retreat described at the time as a short-term liquidity cleansing.

XRP’s price action is a reflection of some pretty strong institutional interest. At the same time, a major decline in large-holder transfers to exchanges indicates more distribution and more strategic accumulation. Such behavior is typically a sign of a long-term bullish sentiment from top XRP holders.

If XRP wants to gain upward momentum towards the $4 resistance level, holding support at the $2.90 to $3.00 range is key. The fast-growing cryptocurrency has shown there is plenty of room for long-lasting success past the $3 mark.

As seen on XRP’s chart above, an ascending triangle pattern has emerged. This traditional formation often results in a breakout supported by an explosion in demand by buyers. The long-awaited breakout is likely to be powered by this type of buying frenzy.

Investors need to keep a close eye on on-chain metrics and institutional activity, as both could drastically affect XRP’s future trajectory. The current technical analysis points toward a likely breakout well above $3.60. This relies on robust buyer demand and a healthy market.