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

    Bitcoin Closes Daily Price Below 50MA

    June 22, 2025
    Blockchain

    XRP On-Chain Activity Down 80% In 5 Months, Experts Argue Bullish/Bearish Implications

    June 22, 2025
    Blockchain

    Solana Cracks Below Key Structure – Head And Shoulders Breakdown Points To $106

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

    Top Posts

    Bitcoin Investors Remain Calm Despite Israel-Iran Conflict Escalation

    June 15, 2025

    Making Money More Accessible When You Need it Most: Viamericas Launches Cash-to-Cash Money Service

    March 24, 2025

    Ethereum Spot ETFs Outshine Bitcoin Counterparts With Double Market Inflows

    February 9, 2025

    Vitalik Buterin Proposes Easier Way to Run Ethereum Nodes

    May 21, 2025

    Here’s the boohoo share price forecast for the next 12 months as the Debenhams rebrand begins

    March 28, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    Turn Setbacks Into Success With These Key Lessons

    February 12, 2025

    Your ‘Culture’ is a Lie Until You Fund Mental Health

    June 12, 2025

    Is Bitcoin Preparing For Another Dip, This Time To $70,000? This Whale Is Heavily Short

    March 10, 2025
    Our Picks

    Bitcoin Closes Daily Price Below 50MA

    June 22, 2025

    Etraveli Group Selects Mastercard to Improve Its Fintech Arm’s Product, PRECISION

    June 22, 2025

    Using AI in Customer Service? Don’t Make These 4 Mistakes

    June 22, 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.