Key Takeaways
Can XRP sustain momentum toward $10 in the next bull run?
XRP has broken out of a bullish pennant and regained investor optimism, with resistance levels ahead defining its next move.
What scenarios could determine XRP’s path to double digits?
If bulls clear $3.66–$4 with strong demand, XRP could aim higher, but persistent Futures selling may slow progress.
Ripple [XRP] has long been at the center of speculation during major crypto bull runs, with investors eyeing bold price targets.
As momentum builds across the market, hopes are rising that Ripple’s token could finally achieve double digits. The pressing question is whether the next bull run will be the moment XRP surges to $10.
XRP breaks out of a bullish pennant as momentum builds
XRP recently broke out of a bullish pennant formation, reclaiming strength after bouncing from its demand zone.
This technical signal suggests continuation of its earlier rally, and resistance levels at $3.12, $3.38, and $3.66 will define the next steps.
A convincing close above these barriers could open the way for higher price objectives. While the pennant breakout is encouraging, the token needs consistent demand and volume to validate its strength.
If bullish momentum continues, the token could set the foundation for an eventual climb toward larger milestones such as $10.
Source: TradingView
MVRV recovery reflects improving holder sentiment for XRP
On-chain data highlights an important shift, with the MVRV Z-score showing a steady recovery from recent lows.
This upward move indicates more holders are moving into profitable positions, boosting sentiment across the market.
As confidence returns, the likelihood of further accumulation increases, which could fuel higher prices. However, the ratio still sits below peak levels, meaning some holders may take profits on rallies.
If the MVRV ratio continues its upward trajectory, it will reinforce bullish conviction and create the conditions necessary for XRP to sustain a push toward $10.
Source: Santiment
Open Interest growth points to renewed speculative demand
Derivatives data shows Open Interest (OI) rising by 2.27% to $2.85 billion, reflecting heightened trader activity.
This growth signals renewed enthusiasm among speculators, a key driver of volatility and momentum.
Expanding OI aligned with bullish chart structures often precedes large price movements. While it could amplify both upside and downside risks, the current trend favors buyers.
If speculative inflows keep expanding, they may provide the liquidity and energy XRP needs to continue advancing.
This setup, paired with strong spot demand, strengthens the possibility of the token inching closer to the long-term $10 milestone.
Source: CryptoQuant
Sellers in the Futures market could slow XRP’s path to $10
XRP continues to face heavy selling pressure in the Futures market, where Taker Sell ratios dominate across exchanges.
This imbalance signals that derivatives traders remain cautious, even as XRP attempts a bullish rebound.
For XRP to mount a sustained rally toward the much-anticipated $10 mark, Futures sentiment must improve.
Reduced selling pressure in derivatives would allow bullish momentum from spot markets to flow freely.
Without this shift, sellers could slow down progress, making it harder for XRP to sustain the kind of rally needed for a major breakout.
Source: CryptoQuant
Can XRP sustain this momentum and reach the $10 milestone?
The bullish pennant breakout, rising MVRV ratio, and increasing OI all signal strengthening momentum for XRP.
However, seller dominance in the Futures market presents a key challenge. For XRP to realistically aim for the $10 mark, buyers must hold support above $3.66 and Futures selling pressure must ease.
If these conditions align, XRP could lay the groundwork for a strong rally toward $10. Otherwise, resistance at lower levels may stall its progress and delay the milestone investors are anticipating in the next market cycle.