📊
$XRP has broken out of a descending trendline that has been in place since early August, signaling a potential shift in momentum. The breakout is now being tested as the price consolidates near the $3.00 mark.
Key Technical Levels
Immediate Resistance: $3.15–$3.20 (horizontal supply zone)
Major Resistance: $3.49 (recent swing high)
Near-term Support: $2.85–$2.90
Stronger Support: $2.60
📈 If
$XRP manages a clean break above $3.20 with strong volume, the next target sits at $3.49, with further upside potential toward $3.80–$4.00.
On the flip side, a rejection at $3.20 or failure to hold above $3.00 could see XRP retest $2.85 or even $2.60.
⚠ While the breakout is promising, confirmation will depend on how price reacts to the $3.15–$3.20 resistance zone in the coming sessions.
