XRP is trading close to a key $3.30 resistance zone, where tightening price action has drawn fresh attention to a possible breakout. In a post on X, analyst EGRAG Crypto said the token’s multi-year structure may be approaching a decisive point, with compression building near the upper end of the range.
Multi-year wedge pattern keeps focus on resistance
According to the analysis, XRP remains inside a macro descending broadening wedge. EGRAG described the formation as one that is often tied to expanding volatility rather than simple directional weakness. Price action near the upper boundary has narrowed over time, showing an extended standoff between buyers and sellers while the trading range continues to tighten.
That setup places $3.30 at the center of the current chart structure. XRP has approached this level several times, but each attempt has failed to produce a clean move higher. In EGRAG’s view, repeated tests of the same ceiling may be reducing selling pressure there, while liquidity continues to build around the level.
$0.90 support remains the lower line to watch
On the downside, the analysis points to $0.90 as a durable support area. The level has continued to hold during pullbacks, helping preserve the broader consolidation pattern and limiting deeper corrections. As long as that base remains intact, the range structure outlined in the chart is still in place.
This leaves XRP caught between firm support and stubborn resistance. The immediate story is not a completed breakout, but a market where compression has become more pronounced. The range is getting tighter. Attention stays fixed on whether price can force a move out of it.
Break above $3.30 could shift focus to $5, $8 and $13
EGRAG Crypto said a confirmed move above $3.30 could trigger a broader expansion phase. In that scenario, the next projected targets are $5 and $8, with $13 identified as a higher upside objective if momentum strengthens. The projections were linked to prior market cycles in which similar consolidation periods were followed by stronger upward moves.
The analyst also noted that a temporary dip below support cannot be ruled out if the market moves to collect liquidity before reversing. If that happens and XRP quickly reclaims the lost level, the move would be treated as a short-lived deviation rather than a full structural breakdown.
For now, XRP remains inside its defined range, with compression still building below resistance and support holding underneath. The next major signal in this setup is whether price can clear $3.30 and sustain momentum toward the higher targets discussed in the chart analysis.