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XRP nears key breakout zone $1.30-$1.60, signaling potential 2,000% rally if Wave 3 confirms.

Technical Signals
05 Aug 2026
Coinpaper
View Source
Bullish
pluang ai news

XRP is approaching a critical resistance zone between $1.30 and $1.60, which could mark the end of its corrective phase and the start of a powerful Wave 3 breakout according to Elliott Wave theory. A bullish divergence in the RSI suggests fading bearish momentum, supporting the possibility of a strong upward move. Confirmation requires XRP to break above this zone and reclaim higher resistance levels, with targets as high as $43.83 if the rally unfolds fully. Institutional interest and growing adoption add fundamental support to this technical outlook.

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