XRP is heating up again, trading at around $4.79 AUD, with buying momentum strengthening. The current question is: Can XRP hit $6.10 and break through a new price range? Market observers are watching the convergence of various factors—whale accumulation, strong support levels, and bullish sentiment—as signs that XRP may be gearing up for the next phase of its upward movement.
As of the writing of this article, the price of XRP remains stable around 4.79 AUD, maintaining stability after a recent rebound. This price level has shifted from short-term resistance to support over the past few weeks. As the price trend stabilizes, many analysts believe that the cryptocurrency is preparing for its next move.
Short-term goal? Break through 6.10 AUD, which will represent an important psychological and technical milestone for XRP holders.
Why $6.10 AUD might be the next target
1. Whale Accumulation
The number of large wallets holding XRP continues to grow. Blockchain data shows that high-volume wallets have steadily accumulated XRP during the latest downturn, indicating strong long-term confidence.
Whales typically accumulate before major changes, rather than after.
2. Market Structure
The price of XRP has formed a series of higher lows, indicating a continued bullish pattern. As long as XRP remains above the key support around 4.50 AUD, this structure remains intact.
If the bulls manage to regain the range of 5.25–5.50 AUD, 6.10 will become the next technical target.
3. Emotional Changes
Compared to other large cryptocurrencies, XRP's recovery speed is slower—but more stable. As traders pull out from overvalued assets, XRP will benefit from the inflow of funds.
Key support level of concern
$4.50 AUD is a very critical level. This area has acted as both support and resistance in recent months. If XRP falls below this level, the bullish momentum may stall. However, as long as it remains above this level, the upward pressure still exists.
Pay attention to consolidation above $4.80 and an increase in volume to confirm the breakout setup.
Short-term forecast: Can XRP reach $6.10?
Short-term technical indicators suggest that XRP is preparing for action. Here is what traders are focusing on:
| Indicator | signal |
|---|
| RSI | Neutral, with upward potential |
| MACD | A bullish crossover is about to occur. |
| Trading Volume | Stability with volatility on rising days |
| Trendline support | Maintain above $4.50 AUD |
If buying pressure continues and trading volume increases around $5.00, a breakout to $6.10 AUD is quite possible. This volatility could happen quickly, especially if overall market sentiment improves.
Long-term outlook: Built for greater volatility
If XRP breaks through $6.10 in the short term, it may open the door to higher targets in the coming months. A clean breakout could trigger momentum buying, pushing the price up to $7.50–8.00 AUD next quarter.
The role of XRP in cross-border payments, combined with institutional interest, continues to strengthen its long-term case—even as short-term price fluctuations attract all the attention.
Final thoughts
With the trading price of XRP at 4.79 AUD, the number of whale wallets is increasing, and the situation looks solid as it pushes towards 6.10 USD. The key is to maintain strong support above 4.50 USD and monitor the increase in trading volume near the resistance zone.
If these conditions are met, this drop may be remembered as a launchpad - rather than a peak.
Frequently Asked Questions
1. What is the current price of XRP in Australian dollars?
The current trading price of XRP is approximately 4.79 AUD.
2. Can XRP quickly reach 6.10 AUD?
Yes, analysts believe that if the key support level holds and whales continue to accumulate, XRP may break through to $6.10.
3. What are the key support levels to pay attention to?
$4.50 AUD is a key support zone. Staying above it will maintain the bullish pattern.
4. Why are whales buying XRP?
Large holders often accumulate before significant changes. Their activities indicate that confidence in the long-term potential of XRP is growing.
5. Is now a good time to buy XRP?
If you believe in the bullish scenario and are paying attention to technical levels, this consolidation phase may provide an entry opportunity before the next breakout.
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
