XRP Primed for Explosive Breakout — Charts Scream Bullish Momentum
XRP traders, buckle up—the technicals are flashing green. After months of consolidation, the digital asset is coiled like a spring, with key indicators pointing to a potential price eruption.
The Setup:
Symmetrical triangle patterns don’t lie. XRP’s tightening price range signals an imminent volatility spike, and history suggests it’ll be to the upside. The 50-day MA just crossed the 200-day—a golden cross that’s made crypto millionaires before.
The Catalyst:
Regulatory clarity (finally) and institutional adoption are converging. Banks are quietly testing Ripple’s ODL corridors—because nothing says ‘trust the system’ like legacy finance scrambling to cut settlement times from days to seconds.
The Play:
Watch the $0.75 resistance level. A clean break could trigger FOMO-fueled liquidity grabs, while rejection here would confirm yet another ‘fakeout’ in crypto’s endless theater of patience-testing. Either way—the charts don’t care about your feelings.
Volume Remains Subdued — Calm Before The Storm?
XRP price remains trapped inside a long-standing triangle, a pattern known for building pressure before sharp directional moves. The chart shows that sellers continue to push lower highs, compressing price action toward a support level.
Parshwa Turakhiya pointed out on X that the Exponential Moving Average (EMA) cluster between $2.17 and $2.23 is the key breakout zone capping any upward momentum. A clean break above this range could trigger a bullish reversal. On the other hand, $2.09 is the last line of defense for the bulls. If this level fails, the structure breaks down, and XRP could swiftly drop to $1.85.
Despite the building tension, the Relative Strength Index (RSI) remains neutral, which Parshwa Turakhiya describes as “the calm before the volatility storm.” The chart structure suggests that a move is imminent. With early July just ahead, Parshwa Turakhiya warns that a breakout or breakdown is coming, and it won’t be subtle. XRP is on the edge of eruption.
Fabio Zuccara stated that Dr. Profit, known for his sharp and historically accurate calls on XRP at $0.15, $0.38, and $0.50, has now projected a new mid-term target of $4.00. In a weekly chart shared via social media, XRP is forming a bullish structure, with a green arrow projecting a continuation move to the upside.
Zuccara outlined a crucial level for maintaining the bullish trajectory. This rebound adds strength to the outlook, suggesting that momentum is building in favor of the bulls.
In the same vein, SquirtleCharts revealed that XRP’s 4-hour chart has mapped out a precise path toward $3.00 target, with several resistance levels standing in the way, and each level varies in difficulty. The first is $2.22, the easy one, a weak resistance point that XRP could clear without much effort.
Next is $2.33, which SquirtleCharts labels as “a lot harder,” signaling a barrier that may require volume and conviction to break. The $2.48 level is “not too bad,” a moderate resistance area that might slow the rally but not be a roadblock. Finally, the $2.65 is the “pretty hard,” a zone where bulls may face challenges.
Perfect Technical Structure Sets Stage For Explosive Breakout
Massive move incoming for XRP. After a clean bounce off the $2.00 support level, the setup is aligning perfectly on the daily chart.
Sara emphasizes that the chart structure looks flawless, with price action respecting critical zones and now coiling for an explosive breakout, with momentum building and bulls defending the support zone. The next target is $3.50; a breakout might happen fast.
