$XRP ’s Breakout Playbook From Major Lows to Major Moves

$XRP Daily Chart Outlook Structure, Strength, and What’s Next....

$XRP ’s price action tells a classic breakout story. After bottoming out near $2.35 in April, the market entered a lengthy consolidation phase between $2.50 and $2.65. That sideways move built the base for a sharp 57.6% breakout rally, pushing XRP as high as $3.67.

Currently, the price is retracing from that local high but still holding above the $2.98–$3.00 support zone. This area is now critical — it was the last breakout level and could act as a strong floor for the next leg up.

Key Highlights:

Major Low: $2.35

Consolidation Breakout Zone: ~$2.65

Resistance Tested: $3.67

Current Support: $2.98–$3.00

Next Move: Holding this zone could push XRP back toward $3.60+

Conclusion:

XRP has completed the first breakout leg. If it defends the $2.98 zone, another rally phase could unfold. A drop below it, however, might send the price back toward the mid-$2.60s for retest.