As Ripple (XRP) surpasses $2 in 2026, market interest in the possibility of further increases is growing.
Cryptocurrency analyst Crypto Captain said via X that “a significant breakout has been confirmed on the XRP chart,” and that “from a technical standpoint, the next major resistance level is around $3.” XRP recovered the $2 level on the 3rd, rising from around $1.88 to $2.02, and has been trading in the low $2 range since then.
This rally is notable for its daily breakout of a long-term downtrend line that has limited price movements for months. According to CoinDesk, XRP broke through resistance near $1.96 on increasing trading volume, turning that area into short-term support.
From a technical analysis perspective, the $3 level represents a key resistance level formed during past bullish periods and is often cited as the next target after a long-term trendline breakout. The explanation is that when a multi-year trendline breaks, the market often experiences a retest of previously concentrated price ranges.
The market environment also appears somewhat different from before. With the legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) nearing its conclusion, the market is generally assessing that regulatory uncertainty surrounding XRP has eased compared to the past.
Expectations for institutional demand also continue. Observations of fund inflows through listed index products (ETPs, ETFs, etc.) with XRP as the underlying asset lend credence to the interpretation that medium- to long-term investment demand remains intact.
However, a cautious view exists regarding the short-term trend. Whether XRP can solidify the $2 level as support is considered a key variable that will determine its future direction. If that level falls, a retest near $1.96 cannot be ruled out.
