XRP Price Prediction: XRP Eyes $10.30 ‘Chasm’ Break as Market Caps Rise – Analyst
The post XRP Price Prediction: XRP Eyes $10.30 ‘Chasm’ Break as Market Caps Rise – Analyst appeared on BitcoinEthereumNews.com.
XRP is approaching a critical juncture as market analysts highlight a long-term resistance level known as the “Chasm.” Currently trading around $3, XRP faces a psychological barrier at $10.30, a level derived from historical highs spanning multiple market cycles since 2014. Analysts note that surpassing this trendline could trigger a substantial bullish surge, potentially aligning XRP with its measured move target of $11 and, in a more optimistic scenario, driving it toward $37. Market observers stress patience for investors as XRP navigates this resistance. The Chasm is not merely a number—it represents an ascending trendline that has historically marked peak prices in previous cycles. EGRAG Crypto, a well-known market technician, emphasizes that XRP’s journey toward this level is gradual but may hold the key to unlocking significant value for long-term holders. Understanding the Chasm Line and XRP Historical Price Action The Chasm Line is a trendline constructed from XRP’s past highs, acting as a recurring ceiling for price rallies. Historical data indicates that XRP often retests this level before either consolidating or initiating a breakout. In the 2020–2021 bull run, for instance, XRP reached a cycle top around $1.96, closely aligned with the Chasm Line at that time. This pattern repeated in the 2017–2018 bull market when XRP surged to $0.3988 before ultimately breaking past the Chasm in a subsequent rally. XRP is approaching the ascending $10.30 Chasm, a resistance level that gradually rises over time. Source: @egragcrypto via X Analysts caution that these historical retests underline the importance of market timing and investor patience. XRP’s current price of approximately $3 remains far below the Chasm, but ascending market caps and bullish momentum could propel the coin toward this critical level. The line’s upward slope implies that the Chasm rises over time, meaning that XRP’s price must continue gaining strength…
Filed under: News - @ October 4, 2025 8:21 pm