XRP Holds Key Support as Analyst Eyes Potential Breakout Above $15

• XRP remained in consolidation between major support near $1.35 and resistance around $1.50.

• Analyst Javon Marks said XRP’s breakout structure against Bitcoin could support moves above $15.

• Ripple infrastructure growth and rising institutional adoption improved long-term XRP sentiment.

XRP continued trading between key support and resistance levels after months of heavy volatility, while analysts pointed to improving long-term conditions. Analyst Javon Marks said XRP still holds a breakout structure against Bitcoin, with potential upside beyond $15. Meanwhile, analyst ChartNerd noted growing Ripple infrastructure adoption as XRP stabilized near the $1.39 to $1.44 range.

XRP Holds Consolidation Range After Sharp Decline

Earlier this year, XRP traded above $2.20 before entering a sustained downtrend. The asset later collapsed from around $1.80 to nearly $1.25 between late January and early February. That decline came alongside trading volume exceeding 14 billion XRP.

Source: Santiment

The spike indicated increased volatility and aggressive market selling. However, XRP later entered a consolidation phase between roughly $1.35 and $1.50. Current price action now shows attempts to establish support above the $1.35 region.

At the same time, the 200-day moving average flattened near $1.42. The 50-day moving average also moved closer to the longer-term average. This setup suggested weakening bearish pressure across the broader structure.

Breakout Structure and Utility Growth

According to Javon Marks, XRP continues holding its breakout structure against Bitcoin. The analyst said similar setups previously produced major upside expansions. Marks added that XRP could outrun Bitcoin by nearly 800% if the breakout structure fully develops.

He also pointed to targets above $10 and potentially above $15. Meanwhile, ChartNerd focused on Ripple’s infrastructure growth rather than short-term price movement. The analyst stated Ripple Prime tripled revenue during the past 12 months.

ChartNerd also noted Ripple infrastructure processed over 60 million transactions annually while clearing around $3 trillion each year. Additionally, the analyst referenced Ripple’s institutional reach, global licensing progress, and more than 300 institutional clients.

Resistance Levels Remain Critical for XRP

Despite improving sentiment, XRP still trades below major resistance near $1.50. Analysts noted that reclaiming this zone could strengthen recovery momentum.

A confirmed breakout above $1.50 may open movement toward $1.65 and potentially $1.80. However, failure to maintain support above $1.35 could expose XRP to renewed downside pressure toward $1.25.