XRP price showed strong signs of a potential breakout as it approached a critical descending trend line established in January 2025. The altcoin price action gained momentum, supported by rising volume and improving sentiment.
Analysts identified bullish reversal patterns on the daily chart, pointing to a shift in market structure.
The $2.15–$2.20 resistance zone emerged as the key area to watch, with a confirmed breakout likely to open a path toward the $3.50–$4.50 range. This was similar to the Ripple token’s late 2024 rally levels.
Classic Reversal Signals in XRP Price Chart Pattern
Analyst named StephIsCrypto identified a textbook bullish reversal pattern on XRP price daily chart.
The descending trend line, which began in January 2025, consistently rejected bullish advances. However, in recent sessions, the altcoin pressed against this level with increasing strength. Price compression near resistance typically signals reduced selling pressure and rising breakout potential.
The pattern suggested a growing demand. Volume steadily climbed while bullish candles showed stronger closes, indicating buyers had started to gain control.
Steph pointed out that previous attempts lacked such momentum, but this current setup aligned more closely with historical breakout behaviors.
The key breakout zone between $2.15 and $2.20 included multiple resistance points. A daily candle close above this level could validate the bullish setup and project XRP toward the $3.50–$4.50 range.
These targets matched the levels seen during XRP price rally in late 2024. Steph noted that external market factors such as regulatory developments could also add momentum to the move.
Breakout From Falling Wedge Pattern
Additionally, crypto analyst CryptoToes revealed that the Ripple token had broken out of a falling wedge pattern on the daily chart.
Falling wedges often indicated bullish reversals or continuations when confirmed by price closing above the upper trend line. XRP’s breakout above the $2.10 level followed this confirmation.
The Parabolic SAR flipped from bearish to bullish just as XRP price closed above the wedge resistance.
Volume expansion accompanied this move, reinforcing the breakout’s validity. Historically, XRP price breakouts from similar wedge formations triggered sharp upward moves when confirmed with volume.
CryptoToes further emphasized that this breakout aligned with several previous rejection points, which XRP finally overcame.
Price crossed through resistance that had stalled rallies for months. The combination of chart structure, indicator alignment, and price action supported the bullish case.
The next targets identified ranged between $3.00 and $4.50 based on wedge height projections and past resistance zones.
Resistance at $2.15–$2.20 Became the Technical Focus
Interestingly, as XRP price gained ground, analysts turned attention to the $2.15–$2.20 zone. This area brought together several technical factors — a falling wedge pattern at the top, a descending trend line, and resistance near a key psychological round number.
For bulls to maintain momentum, Ripple token needed a daily close above this region.
Moreover, indicators supported the bullish case. The Relative Strength Index (RSI) pushed higher but stayed below overbought levels, suggesting room for further gains.
Meanwhile, MACD histogram bars flipped green, with the MACD line above the signal line showing a bullish crossover.
XRP Price Structural Shift Signaled Momentum Building
Additionally, XRP price chart showed signs of a structural shift. The prolonged corrective phase appeared to have transitioned into the early stages of a new trend.
Higher lows had formed since late March, marking a change in market dynamics. The breakout from the falling wedge and rejection of further downside near $1.80 confirmed buyer interest.
Analysts viewed this as a potential market cycle pivot. Analysts emphasized that XRP had not shown this level of structural alignment since late 2024.
With buyers absorbing supply and forming consistent higher lows, the market dynamics changed from consolidation to breakout readiness.
CryptoToes echoed this view, noting the strength of the breakout candle and the positioning of technical indicators.
The top altcoin maintained a trading value of $2.12, which demonstrated a 16.39% increase in the last week. Despite a slight dip in market cap and volume, the price has maintained strength above the $2.10 level.
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