$XRP Breakout Playbook: From Bottom to Blast-Off
Daily Chart Outlook – Structure, Momentum & What’s Next
$XRP has been painting a textbook breakout formation. After finding a strong bottom around $2.35 in April, the token moved into a consolidation range between $2.50 and $2.65 — a classic buildup zone before lift-off.
That consolidation laid the groundwork for a sharp 57.6% rally, launching #XRP to a high of $3.67. While the price is currently pulling back from that local peak, it’s still holding above the key support range of $2.98–$3.00 — the former breakout zone that could now flip into a bullish launchpad.
🔍 Key Technical Levels:
Major Low: $2.35
Breakout Zone: ~$2.65
Recent High (Resistance): $3.67
Current Support: $2.98–$3.00
Next Target (If Support Holds): $3.60+
📈 Outlook:
$XRP XRP has completed its first breakout leg. If the $2.98–$3.00 support zone holds firm, it could set the stage for a fresh rally toward $3.60+. However, a break below this zone could trigger a pullback toward the mid-$2.60s for a deeper retest.
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