XRP ready for a breakout. Looking at $5 if the trendline holds.

$XRP

XRP

2.3491

+0.76%

XRPUSDT

Perpetual

2.3477

+0.72%

XRP/USD is trading above a long-term upward trendline, tightly consolidating in a bullish compression pattern.

This pattern resembles a classic “compressed spring,” with the price squeezing slightly above key support. We have had consistent higher lows since the end of 2024, and the current structure favors a breakout above $2.70, which will open the way to $3.50 and $5.00+.

1. Trendline support: A clean bounce from ~$2.00, higher lows have been held since November 2024.

2. Resistance: Horizontal resistance at $2.70 is the breakout level.

3. RSI: Neutral (~50.88), resetting for a new move.

4. MACD: Bullish crossover, momentum is slowly increasing.

5. Volume: Decreasing — typical before breakout patterns.

A. Buy zone: $2.00–$2.20 (touching support).

B. Add on breakout: above $2.70 with strong volume.

*Risk management is key. The longer it consolidates above the trendline support, the stronger the move will be on breakout. Of course, this is all probability, but here’s what I see.

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