Daily Timeframe Says XRP Price Is On The Verge Of Breakout
The XRP price could be preparing for its biggest rally yet, as a crypto analyst now points to a potential breakout that could send this altcoin soaring. After weeks of stabilization and momentum building, XRP is now test...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The XRP price could be preparing for its biggest rally yet, as a crypto analyst now points to a potential breakout that could send this altcoin soaring. After weeks of stabilization and momentum building, XRP is now testing key resistance levels, with the daily timeframe hinting at a possible surge above $2.33.
XRP Price Gears Up For Major BreakoutDark Defender, an X (formerly Twitter) crypto analyst, has revealed in a recent analysis that XRP appears to be setting the stage for a significant price shift, with its daily chart signaling a possible upward breakout. After weeks of consolidation below a descending trendline, the altcoin is now approaching a critical level that could become the trigger point for rapid momentum growth, if confirmed.
Currently, the daily timeframe shows XRP testing a long-term downtrend line that has consistently rejected upward movements since early 2025. This resistance level, marked clearly on the analyst’s chart, hovers just above $2.3. Dark Defender has indicated that a daily candle close above $2.33 could effectively invalidate the downtrend and signal a breakout that may lead to further upside.
Notably, the analyst’s 1-day XRP price chart shows an explosive move toward a new high of $3.39—a level not seen since the 2018 bull cycle. With XRP currently trading at $2.1, a successful rally to this bullish target would represent an impressive 61.43% surge in value. Such a move would not only break XRP out of its current consolidation phase but also confirm the emergence of a sustained uptrend. Moreover, if momentum persists, it could set the stage for even higher price levels.
RSI And EMA Signals Defend XRP’s Bullish ThesisSupporting Dark Defender’s technical analysis and bullish scenario for the XRP price is a rising Relative Strength Index (RSI), which has broken above a descending trendline and continues to trend upward. This shift suggests that XRP is building momentum as buyers finally regain control.
Additionally, the analysis shows that price action remains above key Exponential Moving Averages (EMA), which are beginning to curl upward, signaling that the market trends could be turning in favor of the bulls. Although the Ichimoku Cloud technical indicator is not visible on the chart, Dark Defender notes that it is expected to flip bullish soon, further reinforcing XRP’s bullish thesis.
Combined with the support held above the 200-day EMA, highlighted by the blue line on the chart, XRP appears to be entering a favorable technical zone. If price action aligns with the analyst’s projected setup and manages to hold candle closes above $2.33, it could mark the beginning of a stronger uptrend. Dark Defender also notes that “XRP’s slingshot pressure” is intensifying rapidly, further boosting the potential strength of the upcoming bullish wave.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on NewsBTCRelated market context
Hyperliquid (HYPE) Price Prediction: Ascending Triangle Breakout Could Open Path Toward $90
HYPE Price was trading around $81.38 on August 26, while its recent all-time high stands at $83.27, according to Bybit data source...
Ethereum (ETH) Price Prediction: ETH Holds $2,400 Breakout as Bulls Target $2,600 and $2,823
Ethereum price has quietly worked its way back into an important part of the chart after a strong recovery from recent lows. The p...
Morgan Stanley leads Solana ETF $9 million inflows as SOL jumps rises above $100
US Solana exchange-traded funds (ETFs) attracted about $9.1 million in net inflows on Aug. 26, led by Morgan Stanley’s MSOL. SoSoV...
Bitcoin (BTC) Price Prediction: Hidden Weekly RSI Divergence Warns of Pullback as BTC Tests $80K
Bitcoin price was trading around $80,500 on Bitstamp in the latest technical reading, up 3.11% on the session. While the price rem...
XRP Price Analysis: Where Will Ripple Token Go Next?
XRP is trading at $1.43 as the token settles into a tight range after last week’s fireworks. The bigger number nobody’s talking ab...
Bitcoin traders hedged $60k and loaded up above $78k leaving the low $70k exposed
Bitcoin's end-of-September options expiry holds 130,670 BTC of open interest, compared with 79,003 BTC for August, a headline gap...