XRP price has climbed sharply to reach a monthly peak, defying bearish signals and regulatory setbacks. Despite heavy whale sell-offs and delays in the approval of a U.S.-based XRP ETF, Ripple’s native token has managed to capture the market’s attention with significant upward momentum.

Recent Price Movement and Resistance Breakout

Over the past month, XRP experienced a notable rollercoaster. After hitting resistance near $3.35 in mid-August, the token fell to around $2.70 by early September. This marked the lowest point it had touched in months. However, XRP quickly rebounded, climbing to $2.90 in the days that followed.

In a key technical move, XRP tested the $3.00 resistance multiple times last week. Following a string of unsuccessful efforts, the digital asset managed to break past this crucial threshold on Friday. This breakthrough triggered further momentum, lifting it to a monthly high of approximately $3.19 on Bitstamp, reflecting a 13% increase over the last seven days.

Remarkably, this latest rally occurred during an otherwise challenging period. Market data revealed a whale dump exceeding $120 million worth of XRP within a 24-hour span. Simultaneously, the U.S. Securities and Exchange Commission (SEC) decided to postpone a ruling on spot ETF filings involving XRP, further clouding the regulatory landscape.

Recent XRP price chart reflects strong breakout momentum. Source: TradingView

Analyst Predictions: Targets Beyond Current Highs

Following XRP’s successful rally past resistance zones of $3.00 and $3.05, analysts are setting their sights on higher levels. According to market watcher Ali Martinez, the next major price target lies at $3.60. He points to technical indicators and market structure to support this forecast, echoing sentiments shared by other traders.

Steph Is Crypto also foresees a potential double-digit surge, propelling XRP even closer to Martinez’s target. Meanwhile, CryptoInsightUK has mapped out a similar price structure and stressed the importance of XRP closing above its long-standing descending trendline.

Commenting on the significance of the chart breakout, CryptoInsightUK stated that a strong three-day close above this trendline implies bullish momentum, mentioning a “minimum target” of $3.60. Indicators such as a bullish RSI crossover support this thesis.

Strong 3 Day close for $XRP.
A close above our descending trendline. Minimum target $3.60.
Bullish cross on the RSI.
The wave count here is still valid (time not to scale).
Looking for some strong follow through price action into the weekly close tomorrow. pic.twitter.com/fL0VOYW64g

— Cryptoinsightuk (@Cryptoinsightuk) September 13, 2025

Sentiment Turns Bullish Despite Headwinds

Altcoin Gordon takes an even more optimistic view, suggesting XRP could skyrocket far beyond its historic peak. He projects that the token could eventually reach $6.00 — nearly doubling its all-time high of $3.65 — once it finishes consolidating and resumes upward momentum.

This confidence emerges even as macro factors create uncertainty. With large investors divesting and regulatory timelines extending, XRP’s ability to maintain bullish sentiment speaks to strong underlying support among retail and technical traders alike.

Related: XRP Price: $12M Max Pain for Bears

In summary, XRP continues to navigate a turbulent environment with surprising strength. As long as it sustains key support levels above $3.00, analysts believe that further gains toward $3.60 or even the ambitious $6.00 mark remain within reach.