Trader Says XRP Will Fly If It Breaks This Trend: Next XRP Breakout Is Close Now
By: times tabloid|2025/05/04 09:00:02
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Crypto analyst Xaif (@Xaif_Crypto) has recently hinted at an upcoming big XRP price breakout.His chart shows the digital asset following a descending trendline that has acted as resistance since early 2025. He also acknowledged that those who entered at lower prices made the right move, as a major breakout may be on the horizon.The next #XRP breakout is close now, if we break this trend we are flying.BIG HAND FOR THOSE WHO BOUGHT THE DIP. pic.twitter.com/C6trnAxbOs— Xaif| (@Xaif_Crypto) May 2, 2025Technical Indicators Support Bullish OutlookThe chart shared shows XRP trading at $2.2211, slightly above the 50-day EMA ($2.2057), the 100-day EMA ($2.2197), and well above the 200-day EMA ($1.9902).This positioning indicates growing bullish momentum. The digital asset is also approaching the Supertrend resistance at $2.36, which lines up with the trendline Xaif highlighted. A breakout above this area could confirm a shift in trend.The digital asset just escaped a death cross on the one-hour chart, and its volume stood at 15.24 million at the time of Xaif’s analysis, reflecting continued interest in XRP at this level. The MACD line has crossed above the signal line, with green histogram bars indicating increasing bullish momentum.The Supertrend indicator issued a buy signal in March, and price action has respected that call since, holding above the 200-day EMA and forming higher lows.We are on twitter, follow us to connect with us :- @TimesTabloid1— TimesTabloid (@TimesTabloid1) July 15, 2023Resistance Levels and Potential UpsideXaif’s chart shows a potential breakout target above $2.80, should XRP close above the long-standing trendline. Some analysts are confident that XRP can hit a new all-time high soon, and while the chart includes an upward arrow pointing toward $2.8, this could be a precursor for a bigger price surge.Intermediate resistance levels include $2.36 and $2.5095. If XRP clears those, the conditions could support a broader move higher. The downtrend that started earlier this year has seen multiple lower highs, but recent price action suggests that bearish momentum is weakening. The asset is now consolidating tightly beneath resistance, setting up for a possible move in either direction.Buying the Dip Before XRP’s RallyThose who entered on recent dips may get in a favorable position if the breakout materializes. Xaif commended everyone who bought the dip, as XRP has struggled in recent months while prominent experts called on the community to accumulate tokens.One expert recently described current price levels as a blessing from above, and those who buy in early will gain the most when these predicted surges start materializing.Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.Follow us on X, Facebook, Telegram, and Google NewsThe post Trader Says XRP Will Fly If It Breaks This Trend: Next XRP Breakout Is Close Now appeared first on Times Tabloid.
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