Daily Timeframe Says XRP Price Is On The Verge Of Breakout

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The XRP price could be preparing for its biggest rally yet, as a crypto analyst now points to a potential breakout that could send this altcoin soaring. After weeks of stabilization and momentum building, XRP is now testing key resistance levels, with the daily timeframe hinting at a possible surge above $2.33.  XRP Price Gears Up For Major Breakout 

Dark Defender, an X (formerly Twitter) crypto analyst, has revealedin a recent analysis that XRP appears to be setting the stage for a significant price shift, with its daily chart signaling a possible upward breakout. After weeks of consolidationbelow a descending trendline, the altcoin is now approaching a critical level that could become the trigger point for rapid momentum growth, if confirmed. Related Reading Daily Timeframe Says XRP Price Is On The Verge Of Breakout 8 hours ago

Currently, the daily timeframe shows XRP testing a long-term downtrend line that has consistently rejected upward movementssince early 2025. This resistance level, marked clearly on the analyst’s chart, hovers just above $2.3. Dark Defender has indicated that a daily candle close above $2.33 could effectively invalidate the downtrend and signal a breakout that may lead to further upside.  Source: Dark Defender on X

Notably, the analyst’s 1-day XRP price chartshows an explosive move toward a new high of $3.39—a level not seen since the 2018 bull cycle. With XRP currently trading at $2.1, a successful rally to this bullish target would represent an impressive 61.43% surge in value. Such a move would not only break XRP out of its current consolidationphase but also confirm the emergence of a sustained uptrend. Moreover, if momentum persists, it could set the stage for even higher price levels.  RSI And EMA Signals Defend XRP’s Bullish Thesis

Supporting Dark Defender’s technical analysis and bullish scenario for the XRP price is a rising Relative Strength Index (RSI), which has broken above a descending trendline and continues to trend upward. This shift suggests that XRP is building momentumas buyers finally regain control.  Related Reading Daily Timeframe Says XRP Price Is On The Verge Of Breakout 8 hours ago

Additionally, the analysis shows that price action remains above key Exponential Moving Averages (EMA), which are beginning to curl upward, signaling that the market trends could be turning in favor of the bulls. Although the Ichimoku Cloud technical indicatoris not visible on the chart, Dark Defender notes that it is expected to flip bullish soon, further reinforcing XRP’s bullish thesis.

Combined with the support held above the 200-day EMA, highlighted by the blue line on the chart, XRP appears to be entering a favorable technical zone. If price action aligns with the analyst’s projected setupand manages to hold candle closes above $2.33, it could mark the beginning of a stronger uptrend. Dark Defender also notesthat “XRP’s slingshot pressure” is intensifying rapidly, further boosting the potential strength of the upcoming bullish wave. XRP trading at $2.1 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Getty Images, chart from Tradingview.com