• XRP builds bullish momentum as the price remains above $3.00, with traders closely monitoring $3.15 as a potential breakout level.
• Ali’s chart shows a structured rise where a move above $3.15 could push XRP closer to the $3.60 target.
• Market discussions highlight a rising volume and confidence that XRP could extend its gains through the October trading sessions.

XRP is facing a major resistance near $3.15, a breakout point that could trigger a rally toward $3.60 on Binance.  Analyst Ali shared a detailed 4-hour chart showing clear support near $2.99 and a structured climb toward higher resistance zones.  The post has since gained significant traction, amassing over 28,000 views and fueling intense discussions among traders on X.

According to the chart, XRP has formed a series of higher lows since late September, signaling renewed bullish momentum.  The token currently trades around $2.99, with a modest 0.16% increase over the last session, suggesting growing accumulation interest.  Technical indicators highlight multiple consolidation zones, reflecting measured buying pressure ahead of a potential midterm breakout.

Ali noted that XRP “faces a major test at $3.15,” marking the threshold separating consolidation from the next impulsive wave.  A confirmed breakout at this level could pave the way for a steady climb, targeting $3.60 in the coming sessions.  The chart projection depicts this movement through dotted ascending patterns that mirror past bullish sequences on the same timeframe.

Traders Assess Risk and Entry Levels

Market participants continue to debate whether XRP can sustain upward momentum given the visible resistance just below $3.15.  Several traders on X commented that rejection at this level could offer a cleaner re-entry point closer to $3.00.  This cautious optimism reflects how traders often balance risk and timing when price consolidates beneath strong technical ceilings.

The visible consolidation zone between $2.94 and $3.15 represents a key accumulation area that has historically preceded significant moves.  If buying volume continues to rise, traders expect XRP to test $3.30 and later $3.60, completing a potential 20% upward move.
Volume confirmation remains critical, as low participation at this stage could delay the bullish continuation.

Sentiment within the XRP community appears divided but increasingly watchful. While some traders express confidence in a breakout, others highlight that XRP has struggled to maintain momentum above $3.00.  This mixed perspective aligns with historical price behavior, where similar setups produced either sharp reversals or multi-week rallies.

Notably, engagement from accounts like @BAARUT and @Delta_XRP reflected strategic patience.  Their discussions emphasized waiting for clean confirmations rather than speculative early entries near resistance zones. Such commentary suggests a technically disciplined community that focuses on structured price movement rather than impulsive trades.

Technical Structure and Market Psychology

The current XRP setup displays layered resistance levels ranging from $3.00 to $3.60, forming a structured upward channel.  A move above $3.15 would open access to mid-resistance near $3.30 and a significant supply zone around $3.60.  These targets align with previously tested liquidity pockets that acted as pivot points during August’s recovery phase.

Ali’s projection of ascending price action illustrates alternating short consolidations between rallies, suggesting steady bullish control.  This pattern, if validated, could transform the ongoing range into a continuation phase similar to XRP’s mid-year recovery sequence.  For traders, this chart offers a clear visual roadmap anchored by historical behavior and current technical balance.

Investor sentiment has further intensified with one user humorously asking, “When is that rally to $100?”  Such community enthusiasm, though speculative, underscores heightened expectations as XRP consolidates within a decisive technical range.  With attention now fixed on $3.15, traders are collectively asking one pivotal question:  Can XRP secure a breakout above $3.15 and sustain momentum toward $3.60, confirming a broader trend reversal?