Saad Ullah
XRP has broken through a descending trendline that's been holding it down for months, and traders are paying attention. Currently sitting around $2.52, the token is at a critical juncture that could determine whether this becomes a sustained rally or just another false start.
The Breakout
Crypto analyst K A L E O recently noted that the lower timeframe "looks ready to rip," and the charts back that up. XRP has pushed through two converging downtrend lines — the kind of technical setup that often kicks off stronger moves. After weeks of lower highs and tightening volatility, the compression appears to be releasing, and buyers seem to be taking control.
Key levels to watch:
- Current price: $2.52
- Resistance: $2.65, $2.75, and $3.00
- Support: $2.35–$2.40
- Bias: Bullish in the short term
If XRP stays above $2.50, the next natural target is $2.75, followed by the psychological barrier at $3.00. That's where previous swing highs sit, and it's the level bulls are eyeing. But if the price slips back below the trendline, $2.35 becomes the level that needs to hold to keep the bullish case alive.
Why It Matters
This breakout comes at an interesting time. While Bitcoin has been grinding sideways near its highs, altcoins like XRP are catching bids as traders look for more explosive opportunities. The setup looks clean — expanding volume, clear structure, and a textbook reversal pattern. XRP has a history of sharp moves once it breaks key resistance, which makes this moment worth watching closely.
If XRP holds above the breakout zone, a move toward $2.75 and potentially $3.00 looks realistic. A daily close above $2.60 would add more confidence to the bullish case. As trader hinted with a simple "Send it," the momentum suggests XRP might be ready to run. Whether it gets there depends on whether bulls can defend the recent gains and push through the next layer of resistance.
Saad Ullah
