XRP $XRP is drawing fresh attention across the crypto space as it finally breaches the long-standing $3.50 resistance level — a key trendline dating back to Q4 2024. The move confirms a bullish breakout from a well-formed bull flag pattern on the weekly chart, with traders now eyeing a potential cycle top near $15.
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🔍 Key Highlights
Bull Flag Breakout confirmed with a $15 target on the weekly chart.
XRP $XRP breaks above $3.50, ending months of sideways movement.
Analysts anticipate short-term rally to $6, with Fibonacci levels highlighting key resistance zones at $4.17, $4.63, and $5.01.
Short-term correction zones lie between $2.70–$3.00.
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XRP Technical Picture Turns Bullish
After months of consolidation, XRP’s decisive move above the $3.50 resistance has reinvigorated bullish sentiment. The breakout marks the end of a prolonged period of price suppression under a trendline that held strong since the end of 2024. According to multiple technical setups, this move is more than just a blip — it's the potential start of a broader upward trend.
Crypto market analyst Ali Martinez recently shared his analysis, projecting a path toward $15, supported by previous Fibonacci extension levels. The chart shows significant resistance areas at $4.17, $4.63, and $5.01, suggesting measured upside before reaching the full target.
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Symmetrical Triangle Breakout Supports Bullish Outlook
On the daily chart, XRP $XRP has also broken out of a symmetrical triangle, with traders like Binance Killers confirming a successful retest of the breakout zone. This type of pattern often signals strong continuation, further supporting bullish expectations in the coming weeks.
Despite minor fluctuations, XRP’s breakout structure remains intact — with near-term support expected between $2.70–$3.00, should any retracement occur.
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XRP by the Numbers (As of July 23, 2025)
Current Price: $3.46 (▼ 0.4% over 24 hours)
Market Cap: $205.21 billion
24h Trading Volume: $7.28 billion (▼ 28.74%)
Market activity shows some short-term volatility, but overall investor confidence appears to be building.
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Final Thoughts
The breakout above $3.50 is a critical moment for XRP. Technical analysis now favors continued upside, with the $6 level considered a realistic short-term milestone — and the ambitious $15 target within sight if momentum continues.
As always, investors should keep an eye on macro market conditions and volume confirmations to validate the trend.
📢 Follow @BeMaster_BuySmart for more expert insights, technical breakdowns, and crypto cycle strategies. Whether you're a long-term holder or short-term trader, staying ahead of market patterns is key.
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DISCLAIMER: This article is for informational purposes only and does not constitute financial advice. Please conduct your own research before making any investment decisions.
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