Recently, XRP has cleared major resistance levels, triggering a breakout that opens new short-term and long-term targets for investors.
Quarterly Breakout Forms Long-Term Base
XRP has eliminated its multi-year downtrend resistance on the 3-month candlestick chart, indicating a change in its macro structure. This breakout follows eight years of rejection from a dynamic trendline dating back to the 2018 all-time high. A confirmed closure above this line signals a trend reversal.
12-Hour Chart Signals Trend Shift
XRP shows a breakout above descending resistance, supporting further price growth. The move originated near $2.45–$2.50 and is confirmed by a strong 12-hour bullish candle. This shift aims for $3.40, equal to the prior January swing high.
Expectations for XRP Growth and New Support Levels
According to analysts, the support level has settled between $2.30–$2.35. Technical indicators show no visible reversal patterns, underscoring strong trend bias. If the structure remains intact, the price target is between $2.55 and $3.40.
XRP's recovery and the clearing of key resistance levels open up prospects for further growth. The current structure and support levels provide grounds for optimistic forecasts in the medium term.
