Foreign media, citing crypto analyst Crypto Patel, reported that XRP has entered a pullback phase after its previous rapid rise. The market's current focus is on whether the support level around $1 can hold, as this area is considered fundamental to whether the subsequent price action can continue.
The area around $1 becomes a key point of observation.
According to the long-term chart shared by Patel, XRP consolidated for several years after its 2018 high, before breaking out of a symmetrical triangle pattern that had lasted for several years. Since starting from the low point in late 2024, XRP has risen by more than 630%, reaching a high of $3.65 in July 2025.
After reaching its high, XRP entered a pullback phase. The article states that the current price is returning to the first support zone on the chart, around $1. The second support zone is located around $0.70.
$2.10 and $3.50 are the next resistance levels.
This commentary argues that for XRP to maintain its upward trend, it cannot simply remain in the support zone; it needs to regain the previously breached $2.10 level. This point is considered a crucial dividing line in the current price action.
After that, XRP needs to break through the resistance around $3.50. Only after successively recovering these key price levels will the market's discussion of the $10 target have a more chart-based basis.
- The main support level is around $1.
- The deeper support zone is around $0.70.
- Key resistance levels are at $2.10 and $3.50.
The $10 target is based on long-term projections.
The article mentions that Patel's proposed path extends the timeline to 2028, with $10 at the upper end of its long-term range. Based on this calculation, if the price starts from around $1, the increase would be nearly eightfold; if it rebounds from around $0.70, the theoretical increase would be even higher.
However, this foreign media article is essentially based on a single analyst's market viewpoint using charts, rather than project disclosures or regulatory documents. Its core judgment lies in whether XRP can hold its support during the current pullback and subsequently break through the aforementioned resistance zone.
