XRP breaks long-term resistance with a 42% rally, aiming for a $4.50 mid-term target.
Strong base support below $1.80 and $2.00 that is underpinning the ongoing bull run.
The presence of short-term sign of consolidation break about shows the consolidation push to proceed with the move to the higher side.
XRP is up 42 percent and has shattered previous resistance areas and is now targeting the mid-term price of $4.50. Tech indicators show the persistence of the bullish trend because the token has good market support.
Breakout from Prolonged Resistance
According to the chart of the XRP/USDT thematic pair shared by @SolbergInvest, XRP is breaking through a multi-month descending resistance channel. The above trendline has been operational since early 2025 and has capped price rallies consistently until a strong breakout in late July led to rapid price gains.
The penetration of this long-term resistance was followed by a sudden upward trend indicating continued buying interest. A sharp yellow trendline reinforces the existing market structure, which means that bullish momentum has not been exhausted.
Technically, this breakout provides access into greater price goals The chart projection identifies $4.50 as the mid-term target, aligning with the measured move from the previous consolidation phase.
Base Support as Rally Foundation
A key feature on the chart is the green rectangular support zone, spanning roughly $1.80 to $2.00. This zone served as a strong accumulation area during previous market pullbacks. Multiple successful tests of this level reinforced its role as a price floor.
After the last retest, XRP embarked on a prolonged rally, which proved that the support zone had also become a launchpad to the rally. Traders often view such zones as crucial for validating breakout strength.
The presence of this firm base provides a technical safety net. It allows for short-term corrections without disrupting the broader bullish structure currently driving XRP’s performance.
Consolidation Break Fuels Target Projection
After the breakout, XRP entered a brief consolidation period under a smaller descending trendline. This acted as short-term resistance before being broken, reaffirming the continuation of the rally.
The breakout from this secondary structure added momentum, pushing the price toward $3.217 and keeping the $4.50 target in focus. @SolbergInvest’s projection suggests an additional 42% potential upside from current levels.
Price action analysis supports this view, with the yellow arrow on the chart outlining the path to the target. As long as buying volume sustains, XRP appears positioned for further gains in the mid-term timeframe.
