XRP is trading near $2.10 with daily volume around $3.86 billion after a rare technical indicator appeared on its 5-day chart, prompting analysts to debate whether a breakout toward $2.75 or a drop below $1.80 lies ahead.

What Happened: Golden Cross Signal Emerges

Technical analyst ChartNerd identified that XRP has printed a "Golden Cross" on the 5-day MACD, which occurs when the MACD line crosses above the signal line. The histogram has also switched from red to green.

The last time this signal printed was in July, where XRP rallied to a new ATH," he said.

That move preceded a strong rally last year.

The token has gained over 10% in the past week. Analyst Steph Is Crypto maintains a bullish long-term view, noting the RSI has "flashed a powerful signal" for future price performance.

XRP currently holds near a support zone between $2 and $2.10.

Other analysts note the token needs to clear $2.2770 to maintain upward momentum, adding that "a move towards the $2.2770 resistance showing weakness would offer a short."

Also Read: Stablecoins Now Handle 84% Of Illegal Crypto Activity, Dwarfing Bitcoin

Why It Matters: Breakout Zone Under Pressure

After breaking out from a falling wedge pattern, XRP has pulled back to retest the breakout zone near $2.05.

Analyst CRYPTO CAPTAIN warned that "if the price won't turn bullish before the end of the day, then unfortunately XRP will drop below $1.80."

The area has been tested several times. A breakdown would risk a deeper move toward previous support zones.

InvestingHaven noted XRP could reach $8 by the end of 2026, implying 247% upside from current levels, depending on ETF demand and continued adoption.

The token has already gained around 25% this month. On-chain data shows XRP leaving exchanges like Binance and Upbit, a pattern that preceded sharp price increases in late 2024.

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