The XRP market appears to be at a defining moment once again. Price movements have slowed, yet market tension is building. Traders and analysts are watching closely as XRP consolidates near a crucial support level that could decide its next breakout.
Gordon’s Analysis Sparks Renewed Interest
Popular market analyst Gordon has reignited discussion about XRP’s technical structure. In a post on X, he highlighted XRP’s firm support at a “key level,” adding that the next target sits at $2.69.
His brief but confident statement stirred debate among traders who view this level as a potential launchpad for a fresh bullish move.
The Key Support Zone
Current trading data shows XRP hovering around a long-standing demand area. This region has historically served as a price magnet during past rallies. Analysts note that if this base holds, it could confirm a reversal pattern and signal the start of a new upward phase.
$XRP finding key support at a key level. Targeting $2.69 next. Do you understand? pic.twitter.com/eaUuMwOvDe
— Gordon (@AltcoinGordon) October 30, 2025
Support strength is reinforced by increasing buy orders and consistent liquidity within the same price band. These elements suggest that large traders may be quietly accumulating XRP at this level.
Why $2.69 Matters
The $2.69 target is not arbitrary. It aligns with a critical resistance zone drawn from earlier 2025 price peaks. A successful move above this level would confirm renewed bullish momentum and likely trigger further technical breakouts.
Volume indicators and moving averages also point to growing stability, providing traders with early signs of trend continuation if XRP can maintain support above $2.60.
Market Sentiment and On-Chain Observations
Recent on-chain data show notable wallet activity consistent with strategic accumulation. Institutional interest remains steady as cross-border utility for XRP expands through Ripple’s payment partnerships. These developments strengthen market confidence in XRP’s mid-term trajectory.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
Community sentiment on X reflects cautious optimism. Many traders agree that maintaining current support could open the path to the $2.69 region.
The Road Ahead
While Gordon’s projection excites the XRP community, traders are urged to remain vigilant. A confirmed daily close above support would validate bullish momentum. Failure to hold the level could invite short-term retracements.
Still, if history repeats, XRP’s ability to hold ground at crucial points often precedes decisive rallies.
Gordon’s observation has drawn renewed attention to XRP’s technical setup. The token stands at a crucial inflection point—one that could determine whether the next destination truly lies at $2.69.