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After XRP broke through, the sword pointed to US$2.10, Mason Versluis pointed out the key price

2026-09-03 06:37:33
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After XRP breaks through target of US$2.10, Mason Versluis emphasizes key levels

After a recent wave of gains, XRP trading has calmed down, and cryptocurrency investor Mason Versluis reminds investors not to ignore the potential next step of the token. As a prominent figure in the cryptocurrency field, Versluis elaborated on his technical analysis in a recent video, focusing on the price levels and shapes that may determine the future direction of XRP.

Key resistance and support levels

According to Versluis's analysis, XRP's recent sharp rise has formed a price compression pattern on the chart, which he described as a bull flag or bull triangle. These patterns are often associated with continuation of trends, meaning that prices could move further upwards if certain key levels are breached.

He emphasized that $1.43 is a key resistance level. If XRP can close above this price with one to two four-hour candlelight lines in a row, Versluis expects the token to enter a new round of gains. On the other hand, he called $1.30 the most important support level and needed to hold this level when facing downward pressure.

His near-term target price is US$2.10, which is based on projecting the height of previous gains onto the expected breakthrough point of the current pattern. This level is approximately 56% higher than current price estimates.

Versluis emphasized that if prices clearly break through $1.43 and maintain momentum, they could quickly hit $2.10, which is consistent with his bullish view on XRP's short-term potential.

Long-term breakthrough potential

From a more macro perspective, Versluis points to the upper boundary of a declining wedge pattern on the weekly chart at about $3.68, which will be the next important target in the coming weeks. He mentioned that although the process may not be achieved overnight, XRP is expected to challenge its all-time high before the end of the year if the technical form remains intact.

He believes a clear breakthrough on the weekly chart is a catalyst that could signal a major trend change in the asset. Versluis described this week-level rise as a signal that the long bear market phase that began in July 2025 may be coming to an end, paving the way for subsequent gains.

The convergence of technical signals on daily and weekly charts leads Versluis to believe that as long as key levels are maintained, XRP holders may see "the beginning of a sharp rally."

Market Participation and Opportunities

Versluis observed that retail participation dropped significantly after prices surged to $1.70, indicating that many individual investors have left the market amid recent volatility. He sees this reduced attention as a potential advantage that could instead be an opportunity for those willing to stay involved and pay close attention to the current pattern taking shape.

The synergy of multiple time periods-a short-term target of $2.10 and a medium-term outlook of $3.68-provides traders with a series of traceable milestones. XRP's response to $1.43 resistance in the coming trading session will be seen as the first major test of this scenario.

In the fast-paced environment of digital asset trading, a single Federal Reserve action or an unexpected altcoin listing can trigger sharp fluctuations, making it increasingly important to track changes in key price levels and patterns. Retail activity is sluggish and technical signals are constantly evolving, and XRP holders and traders will be closely watching price dynamics at these key levels and waiting for the next major market move.

Disclaimer:

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