XRP just flashed path to $7 record high
The post XRP just flashed path to $7 record high appeared on BitcoinEthereumNews.com.
With XRP seemingly establishing itself solidly above the $2 support zone, the asset’s technical setup suggests a push toward a record high of $7 may be in the offing. This outlook comes just days after the token suffered one of its most notable sell-offs of the year, briefly crashing below $2 before bulls regained control in line with broader market sentiment. The bullish outlook toward the next record high was highlighted by analyst Ali Martinez, who noted that XRP is forming a right-angled ascending broadening wedge, a pattern that often precedes large breakout moves when the lower boundary holds. In an X post on November 25, the analyst indicated that XRP is hovering just above the crucial $2 support zone, a level that has repeatedly served as the base of its multi-year structure. In the projection for early 2026, XRP is expected to rebound from this area and begin a steady climb toward the upper boundary of the wedge near $4.50. This range has acted as long-term resistance and represents the first major hurdle ahead. XRP price analysis chart. Source: Ali Martinez If XRP manages to break through that ceiling, the pattern’s full upside extension points toward a move beyond $7. Notably, the token’s current formation shows increasing volatility within a widening structure, typically signaling mounting pressure before a decisive move. For now, the market’s focus is on the sustainability of the $2 floor. The entire bullish roadmap depends on whether XRP can defend this level and trigger the reversal implied in the pattern. A price target of $7 would imply a market cap of roughly $440 billion, placing XRP just behind Bitcoin (BTC). XRP’s increased buying pressure Indeed, XRP has found renewed bullish momentum, with the asset witnessing increased buying pressure over the past 24 hours. As of press…
Filed under: News - @ November 25, 2025 8:27 am