XRP Targets $3.31 Breakout As Re-Accumulation Phase Nears Completion

XRP is entering a re-accumulation stage above $1.99, suggesting a strong move toward the $3.31 resistance.

ChartNerd’s monthly setup shows major support building momentum, signaling a possible continuation toward higher targets.

Analysts view this structure as the start of a larger cycle with XRP primed for a decisive breakout rally.

XRP is showing strong structural growth on its long-term chart as traders identify a re-accumulation phase signaling a potential breakout beyond $3.31. The setup highlights a clear range between major support at $1.99 and overhead resistance, suggesting renewed market activity as accumulation intensifies

Market Re-Accumulation Near Key Resistance

According to ChartNerd’s analysis, XRP/USD is entering a critical re-accumulation stage near its long-term resistance level. This structure typically precedes large upward movements when followed by consistent volume expansion. The analyst notes that XRP’s monthly chart has maintained a pattern of higher lows since 2022, forming a solid base above key support.

The price currently oscillates between $1.99 and $2.49, forming consolidation zones associated with accumulation before breakout phases. Historical behavior on XRP’s chart suggests that such consolidations have preceded extended bull runs across multiple cycles.

With a projected move targeting the $3.31 region, the chart indicates a potential shift from consolidation to expansion. This setup aligns with past structural patterns seen before XRP’s large-scale rallies in 2017 and 2021.

Technical Indicators Point Toward Continuation

The visual chart published by ChartNerd identifies major resistance at $3.31 and a strong base of support near $1.99. Between these levels lies the “re-accumulation” zone—a region where institutional investors often prepare for the next directional move.

If XRP maintains consistent closing levels above $2.49 in the coming sessions, technical projections point toward a significant leg-up in price movement. The analyst’s visual projection shows a potential stair-step pattern forming, suggesting multiple short consolidations before the next breakout.

Volume dynamics appear to confirm strengthening momentum, matching historical patterns of pre-breakout formations. The previous breakout from similar structures yielded multi-fold gains within short periods, drawing attention from long-term holders and swing traders alike.

Could XRP Enter a New Bull Cycle Above $3.31?

The central question surrounding the chart is whether XRP can sustain its position above $3.31 once resistance is broken. A successful close above this range would mark the first confirmed reversal into a major bull phase since 2021.

The major support line—established around $1.99—remains a key pivot for traders watching market structure integrity. Holding this level may determine whether XRP can maintain bullish traction into 2026 and beyond.

As the re-accumulation phase continues, market participants monitor the alignment of momentum indicators and macro sentiment. The projected upward path shows XRP maintaining strength above $3.31, with technical signals suggesting higher timeframe growth potential leading into 2027.