After three months of continuous decline, XRP has finally reached a turning point. The asset has recently shown strong performance — the price has risen 18%, successfully breaking through the key resistance level of $2.20, while attracting a net ETF inflow of $43.16 million over the past week.

What’s impressive is that this breakout has broken a seven-year curse. According to data from crypto analysts, since 2017, XRP’s price has been repeatedly rejected at the $2 level, with almost every major cycle rebound stalling at this level. This range has become one of the most stubborn long-term supply pressure zones in history.

From a technical perspective, the longer the price consolidates below a certain resistance level, the more likely a breakout will be followed by stronger momentum. The recent closing price successfully breaking above $2 is widely interpreted as a sign that long-term supply is depleting.

Analysts’ predictions are even bolder. According to Elliott Wave Theory, this upward wave is expected to target $5 by 2026. A more immediate milestone is the historical high of $3.84 set in 2018. Weekly technical charts show that selling momentum has significantly weakened, and $3 will become the new battleground.

Short-term waves are spectacular, but the long-term story may just be beginning to unfold.