$XRP has broken out of a multi-month descending channel, signaling a shift in trend structure and positive momentum on the daily timeframe.
🔹 Breakout Level: $2.53
🔹 Current Price: $3.19
🔹 Key Resistance Zones:
• $4.29 – Initial post-breakout target
• $7.53 – Mid-range extension
• $11.98 – Historical resistance area
🔹 Technical Objective: $15.89 — derived from historical move symmetry. This projection is contingent on continued strength above support and broader market conditions.
As long as
$XRP maintains price action above $2.53, the breakout structure remains technically valid. A sustained close above $3.50 may open the path to higher targets, pending volume confirmation.
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