Xoom’s Key Analysis
Crypto analyst Xoom has drawn attention to a clear “point of interest” on XRP’s chart — a descending trendline that has repeatedly rejected bullish advances. XRP’s repeated tests of this line, including a brief breach, underscore its significance as a key technical level.
According to Xoom, a decisive break above this barrier could propel XRP to $3.30 without significant resistance.
XRP rejected from point of interest twice, once broken… a move to $3.30 zone would likely be a quick one. https://t.co/GRgGQ6QxKZpic.twitter.com/4D51eeqPhr
— xoom (@Mr_Xoom) October 3, 2025
Why $3.30 is the Target
The $3.30 zone represents a visible resistance level where liquidity clusters are concentrated. Beyond this point, stop orders from short positions are likely stacked, creating a cascading effect once triggered.
This makes the $3.30 level not only a technical target but also a psychological one, where traders anticipate immediate reactions in volume and order flow. Mid‑range chart structures support this projection, marking $3.30 as the next logical destination if the trendline break is confirmed.
Market Momentum and Whale Participation
Recent activity reinforces the potential for speed once the breakout occurs. Each approach to resistance has been met with surging volume, suggesting large participants are closely engaged.
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— TimesTabloid (@TimesTabloid1) June 15, 2025
Whale wallets and on‑chain data indicate renewed accumulation, and rising daily active addresses suggest growing market interest. Historically, when accumulation and breakouts align, XRP’s price has surged rapidly.
Confirmation and Risk Management
Despite the bullish setup, caution remains essential. A genuine breakout requires a firm close above the trendline supported by elevated trading volume. A successful retest of the broken resistance should transform it into a support level.
Without these confirmations, traders risk being caught in a false move. Disciplined investors will focus on tight risk management and strategic stop‑loss placements to navigate upcoming market fluctuations.
In conclusion, Xoom’s analysis underscores the significance of the current technical setup. XRP’s proximity to a critical resistance line, combined with strong market activity and whale participation, suggests that once this barrier is cleared, the sprint to $3.30 could be swift and decisive.
Traders who understand both the opportunity and the risks will be best positioned to capture what may be one of XRP’s fastest near‑term moves.
Disclaimer:This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in‑depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.