- XRP breaks long-standing resistance, signaling a possible end to its multi-month consolidation.
- Strong support candles suggest an accumulation zone forming.
- Breakouts above the descending channel and DEMA show rising bullish momentum.
- Entry levels at $1.1530 and $1.2048, with targets at $2.5700 and $2.9460.
XRP has entered a potentially decisive phase as the cryptocurrency breaks through a long-standing resistance, suggesting the end of its multi-month consolidation. Since December 2024, XRP has been trading within a sideways channel, reflecting investor indecision amid ongoing macroeconomic uncertainty.
However, the structure of the chart has remained resilient, with the past two weekly candles holding firm at key support levels. This behavior points to the formation of an accumulation zone, often a precursor to a significant price move.

The latest price action has sparked renewed optimism among traders and market watchers. XRP has successfully broken out of a descending channel that had kept bullish momentum in check for several weeks. This breakout marks a critical shift in market dynamics, confirming that buying pressure is beginning to outweigh selling interest.
Notably, the token also broke above the Double Exponential Moving Average (DEMA), a technical indicator that underscores trend reversals and momentum shifts. The DEMA breakout is often viewed as a reliable signal for an emerging uptrend.
XRP Shows Bullish Technical Structure
From a technical standpoint, the current setup supports a strong bullish bias. The price is currently sitting near the first entry level of $1.1530, with a secondary entry zone identified at $1.2048, a key area where previous resistance now serves as support. These levels offer strategic opportunities for traders aiming to capitalize on potential continuation moves.
Bullish targets have been outlined, with the first target set at $2.5700 and the second at $2.9460. These targets align with historical resistance zones and reflect growing confidence that XRP may be gearing up for a more significant rally. The setup is being tracked on the 4-hour timeframe, offering a medium-term perspective on price action.

Market Data and Momentum
At the time of writing, XRP is trading at $2.16, representing a 0.68% increase in the last 24 hours. The cryptocurrency has a 24-hour trading volume of $6.02 billion, a market capitalization of $125.78 billion. These metrics indicate healthy liquidity and growing investor interest in XRP as it approaches a potential breakout.

As bullish confirmations continue to build across multiple indicators and price structures, XRP may be preparing to exit its months-long range. If momentum holds, the token could soon test higher resistance levels and potentially initiate a strong upward trend.
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