XRP is surging, and according to analyst Gordon in a recent X post, “XRP is sending, and sidelines will cope. First target $3.40. Easy.” His confident statement captures the current bullish momentum as XRP breaks through major resistance levels and sets its sights on a much higher price range. Momentum Builds as XRP Breaks Key Levels XRP has recently shattered several significant resistance zones, including the critical $2.40 and $2.60 levels. This breakout has ignited a fresh wave of bullish momentum, with price action now consolidating just below the psychological barrier at $3.00 . The move has also reactivated a long-term V-shaped recovery that began during the 2024 bull cycle, with the $3.40 level forming the neckline of this structure. Gordon’s $3.40 target aligns with broader technical sentiment. Analysts point to a surge in weekly open interest, up more than 50% in early May, as confirmation of renewed market confidence. Institutional buyers have reportedly entered the scene, while whale wallets are holding firm, providing a strong floor beneath current price action. $XRP is sending and sidelines will cope. First target $3.40. Easy. pic.twitter.com/lOhD2KtiTy — Gordon (@AltcoinGordon) July 11, 2025 Technical Outlook: Eyeing the $3.40 Breakout The technical picture for XRP continues to strengthen. The asset is forming a series of bullish structures on the daily chart, including an ascending channel and a Morning Star reversal pattern, both of which historically precede strong upward moves. With XRP now trading in the $2.80–$2.90 range, a breakout above $3.00 could serve as the springboard to Gordon’s target. Support around $2.60 has proven resilient, turning former resistance into a key launchpad. As long as XRP maintains levels above $2.75, bullish continuation remains the dominant narrative. Analysts widely agree that a clean break above $3.00 would open the path to $3.40, a level that also marks significant historical resistance from XRP’s previous market cycles. Broader Catalysts Driving the Rally Several macro and regulatory tailwinds are fueling XRP’s breakout. Speculation surrounding a potential XRP ETF has returned , adding momentum to the rally. Ripple’s gradual resolution of its legal battle with the SEC has also lifted long-standing uncertainty, further boosting investor confidence. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 On-chain data supports the bullish trend. Whale accumulation has intensified, while exchange supply continues to decline, an indication that long-term holders are preparing for a sustained rally. With many investors still on the sidelines, Gordon’s comment that “sidelines will cope” hints at the fear of missing out (FOMO) that could further accelerate XRP’s ascent. Path to $3.40: What Comes Next If current momentum holds, analysts predict XRP could test the $3.00 level in the coming days, followed closely by an attempt at $3.40 within the next few weeks. That price point represents not just a technical milestone but a psychological victory for XRP holders, reinforcing the long-term bullish structure. Gordon’s outlook now appears increasingly validated. With XRP “sending” and capital poised to flood back in, the rally toward $3.40 is not just possible, it’s well within reach. 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. Follow us on Twitter , Facebook , Telegram , and Google News The post Crypto Millionaire Says XRP Is Sending, Sets Price Target appeared first on Times Tabloid .
