XRP Price Confirms Descending Trendline Breakout: Key Targets Ahead
The market is buzzing as XRP price confirms a descending trendline breakout, signaling a potential shift in momentum after weeks of consolidation. The breakout, highlighted by crypto analyst Armando LaVerdad, has caught the eye of both retail and institutional traders watching for XRP’s next big move.
Why This Breakout Matters
Descending trendlines typically act as resistance zones, capping rallies until broken. XRP has struggled for weeks under this technical ceiling, but the confirmed breakout suggests that selling pressure is finally easing.
LaVerdad explained that the breakout could open the door to higher highs if volumes continue to build. “XRP closing above the trendline with confirmation candles is a strong bullish signal,” he said.
XRP Price Targets After the Breakout
So, where could XRP head next? Based on technical setups:
- Immediate target: $3.10 – a retest of recent intraday resistance.
- Mid-range target: $3.40 – aligning with the 50-day moving average.
- Bullish extension: $3.70–$4.00 – if momentum accelerates with strong buying pressure.
On the downside, analysts caution that XRP must hold above $2.85 to keep the bullish structure intact.
Market Context: Macro and Crypto Trends
The breakout comes amid a volatile week for crypto markets:
- Bitcoin is hovering near $113K after inflation-driven sell-offs.
- Ethereum reclaimed $4,600 but faces RSI divergence concerns.
- Broader altcoins are mixed, with Solana showing strength while meme coins like SHIB wobble.
Against this backdrop, XRP’s breakout could attract more traders looking for stronger technical setups.
Community Sentiment Turns Bullish
The XRP community has reacted with optimism:
- Social mentions of “XRP breakout” surged on X (formerly Twitter).
- Trading volumes on Binance and Bybit spiked over the weekend.
- Some retail traders are eyeing $5 as a longer-term target if momentum sustains.
Still, seasoned analysts warn against overexcitement. Breakouts can produce false signals without follow-through.
Final Thoughts
The fact that XRP price confirms descending trendline breakout makes this one of the most-watched setups in the altcoin market. If the token holds above support and volumes remain strong, XRP could rally toward $3.40 and beyond.
But traders should tread carefully—crypto volatility can quickly flip bullish setups into traps. For now, though, XRP bulls finally have the upper hand.
