XRP/USOIL Targets 3.5% Gain As Price Retest Holds Above Key Level

The XRP/USOIL breakout retest has held strongly, giving traders confirmed support for potential continuation.

Price discovery could start if XRP/USOIL clears the 3.33 range, marking a possible 3.5 percent gain.

The chart shows a history of strong reversals at this level, adding weight to the current market setup

XRP/USOIL chart has confirmed a strong retest, with analysts noting the next upward move could trigger price discovery. According to Dom, a market analyst, this breakout could add approximately 3.5% from current levels if momentum holds.

Strong Retest Confirms Support Zone

Data from TradingView shows the retest occurred within a key horizontal support band previously acting as resistance. Historical price behavior reveals this zone has repeatedly rejected upside attempts, marked by multiple peaks and subsequent pullbacks. This time, however, price action remained above it, forming a consolidation pattern before a potential upward continuation.

The green arrows on the chart signal prior points where price bounced from support, reinforcing the importance of this level. The breakout above the horizontal resistance band was followed by a textbook retest, a sign often watched by traders for continuation setups.

Red arrow markers on the chart highlight multiple failed attempts to breach this zone earlier in the year. This context has given the current breakout greater significance for technical traders, who now view the level as a confirmed support.

Price Discovery Zone and Short-Term Outlook

The next stage for XRP/USOIL, as per Dom’s analysis, begins when the chart moves into price discovery. Price discovery refers to market conditions where new highs are reached without historical resistance levels to cap advances. The potential 3.5% move could place the asset in uncharted technical territory, allowing market forces to determine valuation without legacy price barriers.

Chart structure shows a recent ascending leg leading into the retest. This move followed an extended period of sideways consolidation, suggesting stored buying pressure could still be in play. The upper trendline marks the short-term resistance that needs to be cleared for further upside confirmation.

Volume data, while partially unavailable in the current feed due to a VWAP error, still indicates heightened interest during the breakout. Traders often monitor such moves closely for signs of sustained momentum versus short-lived spikes.

Historical Ranges and Key Levels

From December 2025 to mid-2026, XRP/USOIL traded within a defined range marked by resistance near the 0.0385 level and support around 0.0250. Multiple reversals occurred within this channel before the eventual breakout.

The most recent move saw price accelerate sharply from the lower boundary to breach the upper range, with minimal retracement. This rapid climb was followed by a structured retest — a critical sign for those assessing breakout validity.

Technical setups suggest that maintaining above the retest zone keeps bullish momentum intact. However, traders are watching the 3.33 range as a possible short-term hurdle before the anticipated price discovery phase begins. If price discovery unfolds as projected, could XRP/USOIL be entering a sustained trend phase rather than a short-lived spike?