⬤ XRP is gaining traction on the daily chart after breaking through two downward trendlines that had been limiting previous rallies. All eyes are now on whether XRP can push past and hold above $1.80—a threshold that could confirm the current recovery has real legs.
⬤ The charts show XRP/USD hovering around $1.61, following an intraday climb to $1.67 before settling back. The token has bounced from February lows near $1.50 and is now testing resistance just below $1.80. This positioning suggests XRP might be shifting from a prolonged downtrend into something more bullish. The pattern echoes previous analysis showing XRP nears breaking a long-running downtrend, where similar technical setups preceded significant moves.
⬤ The two broken trendlines had been capping price rallies for weeks, acting as a ceiling over each bounce attempt. While clearing these trendlines shows improving market structure, the real test lies ahead at $1.80. As TheTradable noted in recent coverage, XRP typically needs a clean reclaim of a key level to shift market posture. The analyst emphasized that "a decisive break can open the door to the next upside zone," particularly when triangle resistance and horizontal levels define the next decision point.
⬤ This development carries weight because breaking widely-watched resistance levels can shift sentiment across the broader crypto market. If XRP manages to reclaim and sustain trading above $1.80, it would validate the trendline breaks as more than just a temporary bounce—potentially opening the path toward higher targets. However, if the price stalls at this resistance, XRP could remain trapped in a sideways range as traders reassess whether the recent momentum can translate into a sustained uptrend.
Eseandre Mordi
Eseandre Mordi