Tradeship University’s founder, Cameron Scrubs, has stirred excitement in the XRP community, suggesting that a major price move could be just around the corner.
Indeed, market sentiment around XRP is heating up again, as the coin is now trading at a new weekly high after several days of ranging. Today, XRP touched $2.67, after previously trading at $2.30 last week.
At the current price, the coin remains 5.72% below the level it traded at a month ago. Yet, optimism is growing that XRP could reclaim major resistance levels during the ongoing rebound.
Scrubs fueled the buzz on X by posting, “I got a feeling XRP is about to make a massive move…”
His comment quickly caught the attention of other XRP community members.
Traders See Imminent Breakout
Other analysts and traders also suggested the asset may be preparing for a significant breakout. For instance, X user Stevie Kang responded to Scrubs’ post with confidence, saying, “Imminent.”
He added, “XRP is going to pump so hard and fast soon; I can feel it.”
Another trader, BritcryptoX, noted that indicators are showing a “reversal brewing.”
Notably, these discussions come as XRP maintains steady upward momentum, with analysts identifying technical signs of renewed buying strength after weeks of tight consolidation.
Analysts Eye $2.90 Price Zone for XRP
Analyst Carl Moon highlighted that XRP has broken out of a narrowing trading range that kept it between $2.35 and $2.5 for most of this month. The token now trades around $2.63, reflecting a 7% weekly gain.
Carl’s graph shows XRP has cleared a wedge pattern on Binance’s 6-hour chart, signaling a shift in momentum. He projected that if XRP closes above the key resistance level at $2.65, it could move toward the next target zone between $2.78 and $2.90, and possibly test $3.
Meanwhile, in a separate commentary, EGRAG highlighted the $2.34 support and $2.65 resistance levels as crucial zones to watch. In a follow-up comment, he expressed that there is an 80% chance XRP faces rejection during the ongoing bull run. This means he assigns only a 20% chance to a strong breakout.
Optimism Builds as “Big Announcements” Loom
Beyond technical charts, XRP enthusiasts remain bullish due to several positive developments coming from Ripple in recent days.
For one, Ripple’s CEO recently told investors to stay “locked in” as the company pushes forward with new initiatives aimed at benefiting XRP.
Meanwhile, pro-XRP developer Vincent Van Code hinted that “big announcements in favor of XRP” may be coming soon, potentially tied to the U.S. government’s reopening developments and pending XRP ETF approvals.
With Ripple’s ongoing business expansion fueling long-term confidence, many analysts believe XRP is entering a critical phase. As Scrubs and other market observers suggest, XRP’s next major move could be imminent.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
