Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Blockchain»Daily Timeframe Says XRP Price Is On The Verge Of Breakout
    Blockchain

    Daily Timeframe Says XRP Price Is On The Verge Of Breakout

    FintechFetchBy FintechFetchJune 13, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Reason to trust

    Strict editorial policy that focuses on accuracy, relevance, and impartiality

    Created by industry experts and meticulously reviewed

    The highest standards in reporting and publishing

    Strict editorial policy that focuses on accuracy, relevance, and impartiality

    Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

    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 Breakout 

    Dark 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.

    Related Reading

    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. 

    XRP
    Source: Dark Defender on X

    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 Thesis

    Supporting 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. 

    Related Reading

    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.

    XRP
    XRP trading at $2.1 on the 1D chart | Source: XRPUSDT on Tradingview.com

    Featured image from Getty Images, chart from Tradingview.com



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleMommies, Nannies, Au Pairs, and Me: The End Of Being A SAHD
    Next Article The FTSE 100 has outperformed the S&P 500 this year. Can it last?
    FintechFetch
    • Website

    Related Posts

    Blockchain

    Best Crypto to Buy as States Embrace $BTC Reserves

    June 23, 2025
    Blockchain

    $96,000 Or $144,000? Bitcoin Mayer Multiple Chart Present Price Target Options

    June 22, 2025
    Blockchain

    $312M ETH Transfer Triggers Sell-Off Fears As Ethereum Price Crashes Below Support

    June 22, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    XDC Network Concludes Integration with Utila Enabling Institutional Access to Custody Assets

    May 27, 2025

    Cosmos ATOM Price Is Making Big Moves To Become The Internet Of Blockchains

    February 26, 2025

    YouTrip Adds Malaysian Ringgit Wallet Feature Alongside Travel, Cashback Perks

    April 16, 2025

    $90M Vanishes in Cyberattack on Iran’s Top Crypto Exchange

    June 19, 2025

    Experts Say Solaxy’s Solana Layer 2 Could Push SOL Past $300 in 2025

    March 8, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    XRP Price Suddenly Drops by 5% as Ripple Whales Offload Tokens

    May 21, 2025

    Barbara Corcoran: How to Get People to Respond to Your Email

    February 11, 2025

    Thailand Begins Search for New Central Bank Governor

    April 21, 2025
    Our Picks

    Should you name-drop on your LinkedIn headline?

    June 23, 2025

    Bitcoin Price Crashes Below $100K as Iran Votes to Close Straits of Hormuz

    June 23, 2025

    Nvidia stock has soared 1,471% in 5 years. Here’s how I’m hunting for the next Nvidia!

    June 23, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.