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Reading: Unlock XRP’s Hidden Potential: $2.70 Support Fuels Bullish Wedge Mystery
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Unlock XRP’s Hidden Potential: $2.70 Support Fuels Bullish Wedge Mystery

Crypto
Last updated: October 9, 2025 2:09 pm
Crypto
Published October 9, 2025
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Unlock XRP’s Hidden Potential: $2.70 Support Fuels Bullish Wedge Mystery

XRP Price Poised for Breakout Near $2.70 Support

XRP’s price is hovering around $2.70, forming a bullish falling wedge. This pattern suggests a potential surge to $3.55.

The $2.70 level is a key support zone.It aligns with major moving averages, acting as a strong base. This area has historically been a turning point for bullish trends.

Currently, XRP is consolidating within a bullish falling wedge. This pattern often leads to upward movement.

Key points to watch:

  • Support Zone: $2.70 is a major support level.
  • Pattern Formation: XRP is in a bullish falling wedge.
  • Resistance Target: A breakout could push prices to $3.55.

The $2.70 region is both a psychological and technical support.It aligns with long-term moving averages and past breakout points. Lower volatility suggests buyers are absorbing selling pressure.

The falling wedge shows contracting price action. Dynamic resistance and support lines are converging,preparing for a decisive move. Typically, this pattern signals a bullish continuation.

For confirmation, traders look for a breakout above the wedge resistance with rising volume. A clean break could validate the bullish structure, opening the path to $3.55. This level is a higher time frame resistance cluster and the final hurdle before new all-time highs.

From a technical outlook,XRP remains bullish as long as it holds above $2.70. A breakout could trigger a move toward $3.55.

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