• XRP has broken out of a 9-month horizontal range between $1.90 and $3.00, now trading at $3.25.

  • RSI and MACD confirm strong upward momentum, with RSI at 76.04 and MACD volume exceeding 948.78M.

  • $2.95 acts as immediate support after the breakout, with resistance now visible at $3.29.

XRP has technically breached an extended range, trading above the $3.00 psychological mark for the first time in months. Having traded in a range between $3.00 and $1.90 over months, the asset has now crossed up to $3.25, a 10.3% appreciation over the past 24 hours. 

The breakout follows a powerful uptrend since early July, with rising volume and momentum indicators pointing to growing bullish vigor. This price action follows a previously failed breakout in early 2025, which ultimately resulted in a fake-out. However, current metrics and chart behavior present a different picture.

XRP Breaks Above $3.00 After 9-Month Range

A range is evident in the weekly chart with resistance at 3.00 and support at 1.90. An earlier false breakout happened during this year, and XRP has finally closed above the $3.00 level. This move invalidates the previous rejection and signals a potential change in price behavior. 

https://twitter.com/Steph_iscrypto/status/1945722634416857249

The weekly candle has formed above prior highs, with sustained bullish pressure visible in the recent green candles. Each prior test of the $3.00 level ended in rejection until now. The chart also indicates that XRP has remained in this horizontal range for nearly nine months. Notably, the breakout was not abrupt but rather built steadily through higher lows, culminating in this upward thrust. The current resistance now stands at $3.29, a level traders will monitor closely as price consolidates above $3.00.

Technical Indicators Show Strengthening Momentum

Within the 1-hour timeframe, the RSI has surged past 70 with a current reading of 73.76. This reading implies good momentum, but it is close to being overbought. Historical experience shows readings above 70 are accompanied by short-term corrections and the current behavior shows buyers remain in control.

Source: TradingView

MACD data further supports this momentum. The MACD line has widened significantly above the signal line, with histogram bars increasing in size. The volume backing this surge reached 948.78 million, further reinforcing bullish conviction. In tandem, buy and sell volumes are balanced at $192.49 billion, indicating active market participation.

Support Retests Provide Technical Stability

Support remains firmly placed at $2.95, which was the breakout pivot. If XRP pulls back, this level may be retested. Holding this area would affirm the breakout’s strength and establish a new base.

Price has not revisited $1.90 since early July, underscoring the strong rally from lower levels. Consolidation near $3.25 may occur in the short term, with eyes fixed on a clean breach of $3.29.

#XRP