Home / News / Is XRP Gearing Up for a Breakout? Key Price Levels Traders Shouldn’t Ignore

Is XRP Gearing Up for a Breakout? Key Price Levels Traders Shouldn’t Ignore

Monitor displaying candlestick chart with green and red trend lines, signaling potential breakout in cryptocurrency market.

After weeks of sideways movement, XRP is flashing signals that a major move could be on the horizon. Traders are watching closely as price action continues to tighten, hinting at a potential breakout.

XRP has ended six of the last seven trading sessions in the red, dragged down by weakness across the broader crypto market. In the last 24 hours alone, XRP dropped 2.1%, while trading volume spiked by 67.5%—a strong sign that selling pressure is ramping up.

Still, XRP has held up better than some of its peers. Year-to-date, it’s only down 1.9%, compared to steep declines from Solana (-33.4%) and Ethereum (-44.7%).

Weekly Chart: Bullish Pennant in Play?

Since early January, XRP has been consolidating after nearly retesting its all-time high for the first time in seven years. This tight price range has formed what many analysts recognize as a bullish pennant—a pattern that often signals a brief pause before the continuation of an upward trend.

For long-term bulls eyeing another shot at all-time highs, the $1.80 support zone has been a critical area of interest. A strong bounce from this level could form a double-bottom structure, further reinforcing a bullish case.

If XRP can break convincingly above $3.50, it would validate the pennant and potentially open the door to a test of the $4 mark, which still remains out of reach.

Daily Chart: A Cautious Bullish Outlook

On the daily timeframe, a support zone between $1.80 and $2 continues to cushion recent pullbacks. Buyers have consistently stepped in here, preventing deeper declines.

However, the chart is showing two consecutive lower highs, hinting at ongoing downward momentum. The MACD histogram also suggests negative momentum is building, with sellers taking the reins over the weekend.

If XRP breaks below the $1.80 level, the next key support lies near $1.30—a potential 28% downside from current levels.

Presale Spotlight: MIND of Pepe Defies Market Trends

Just like XRP’s resilience, some crypto presales are bucking the market trend. MIND of Pepe ($MIND) is one such project, having raised an impressive $8 million in under three months.

This unique venture combines AI and meme culture, built around the iconic Pepe the Frog. The AI-powered agent is designed to interact with top accounts on X (formerly Twitter), drawing insights from online sentiment and turning them into actionable trading ideas for investors.

Once MIND of Pepe builds enough social influence, it can launch its own meme trends, potentially dominating online conversations.

$MIND holders gain exclusive early access to upcoming private token sales—giving them the chance to maximize returns before tokens go public.

To buy $MIND, visit the MIND of Pepe website, connect your crypto wallet (e.g., Best Wallet), and swap USDT or ETH—or use a bank card for direct purchases.

Leave a Reply

Your email address will not be published. Required fields are marked *