XRP holds gains after a breakout, consolidating near $2.30–$2.35 with potential targets at $2.95, $3.39, and $3.87.
A 26% surge from $1.85 highlights XRP's momentum shift, with $2.50 as the next key breakout resistance.
Holding above $2.20 sustains XRP's bullish trend; $1.85 remains a critical invalidation level for the structure.
The technical structure of XRP has undergone a significant turnaround with the confirmation of a breakout from a descending channel. The price is currently consolidating above important levels, indicating the possibility of additional bullish momentum, after rising from $1.85 and reaching $2.40.
Technical Overview of the XRP Breakout Structure
The XRP/USDT price reveals a completed breakout from a descending channel tracked between February and April 2025. A rounded bottom formed at $1.8502 before price action reversed upward with notable strength. The current price now consolidates between $2.30 and $2.35 after hitting a local high of $2.40.
Analyst Observations: XRP Gains 26% From Reversal Zone
https://twitter.com/VipRoseTr/status/1924852409198584221
As we can see from the post above, one bullish analyst has presented a detailed view of XRP’s technical pattern. The analysis tracks a reversal from the $1.85–$1.90 region and measures the breakout strength. Rose Premium Signals has provided insights into the ongoing setup and potential extension targets.
Initially, XRP rebounded from $1.8502 and moved quickly to $2.40, recording a 26% gain from the buy zone. According to Rose Premium Signals, the breakout confirmed a shift in momentum and invalidated the prior downtrend. The falling channel that guided XRP for months has now been broken with conviction.
Additionally, the price action has established a consolidation area around $2.30–$2.35 following the breakout surge. The analyst points out that maintaining this range is crucial for continuing upward movement. Any clean break above $2.50 could signal the start of the next bullish wave.
The analyst outlines projected targets based on prior structure and symmetrical extension. These levels include $2.9520, $3.3967, and $3.8767, representing stepped resistance zones above the breakout point. The formation of these targets appears to be based on the depth of the prior channel.
Further Structure and Breakout Continuation Levels
Separately, the analyst identifies $1.8502 as a critical invalidation threshold below the current price. Holding above this mark is essential to sustain the current structure. A drop below would negate the breakout and reintroduce downside risk.
Moreover, the analyst’s view remains focused on clean continuation patterns in line with standard breakout models. Each target is spaced to reflect measured projections from the breakout zone. Current levels indicate potential upside ranging from 26% to 65% above $2.3422.
Finally, XRP remains above support, with the pattern still intact and no invalidation observed. The trend holds firm while the price remains above $2.20. Continuation depends on a strong move past $2.50 in the coming sessions.