XRP Breaks Long-Held Resistance, Could Surpass 2017 with Historic Wick

A new record for XRP capitulation is forming as the cryptocurrency trades at a historic low. Analysts are closely watching for a confirmation whether this wick breaks its 2017 record, potentially reaching even higher highs. The last time such a long wick appeared was in 2017 and signaled a “biblical history” surge for the asset. With daily whale sell-offs exceeding $50 million, XRP’s price is under pressure. However, key support near $2.70–$2.80 remains strong. The market anticipates a Q4 update that could signal a new breakout if the candle closes higher.