Analyst Shares XRP Urgent Update With Holders

XRP is once again making headlines across the crypto space following a powerful technical breakout that could mark the beginning of a significant upward move . In an urgent update shared on X, renowned crypto analyst MMCrypto alerted XRP holders to a key development on the charts that may signal the start of a major rally. Multi-Year Triangle Breakout Signals Bullish Shift According to MMCrypto’s analysis, XRP has just broken out of a massive symmetrical triangle that has been forming since early 2021. This pattern, visible on the weekly chart, reflects a prolonged period of price compression marked by lower highs and higher lows. Such formations typically signal the build-up of momentum ahead of a breakout, and XRP appears to have resolved this structure to the upside. Currently trading around $2.33, XRP has closed above the upper resistance of the triangle, confirming a bullish breakout. Notably, the move is supported by increasing volume, which strengthens the credibility of the breakout and suggests strong buying interest. $XRP URGENT UPDATE: BREAK! pic.twitter.com/MNVMFYrWSF — MMCrypto (@MMCrypto) July 7, 2025 This development could mark a pivotal shift in XRP’s multi-year price trend. Symmetrical triangle breakouts, especially those on higher timeframes like the weekly chart, often precede substantial rallies. Critical Downtrend Resistance Breached In a zoomed-in view of the price action, MMCrypto highlights an additional bullish signal, XRP’s breakout above a descending resistance line that has held firm since the 2021 peak. This trendline has consistently rejected bullish attempts for over two years, but XRP has now closed above it decisively. The breakout is supported by a key horizontal demand zone between $1.90 and $2.10, highlighted in orange on the chart. This area has historically served as strong support and is now expected to act as a launchpad for higher price targets. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 With these two major resistance levels cleared, the technical landscape now favors continuation toward higher levels. A sustained move above $2.40 could open the path to $3.10, followed by a retest of the all-time high near $3.84. Fundamentals Align With Technicals Beyond the charts, macro factors are aligning in XRP’s favor. Ripple’s recent progress in expanding its payment infrastructure, the successful rollout of its U.S. dollar-backed stablecoin RLUSD, and growing clarity around U.S. crypto regulation are all strengthening investor confidence. XRP continues to dominate trading volume on key international exchanges, especially in markets like South Korea . Additionally, recent developments in Ripple’s ongoing legal battle with the SEC have turned increasingly favorable, reducing regulatory uncertainty that has long weighed on the asset. MMCrypto’s urgent update serves as a strong signal to XRP holders that the tide may be turning. With a multi-year triangle breakout and a crucial downtrend resistance breached, XRP is showing signs of renewed momentum. Coupled with supportive fundamentals and increasing global adoption, XRP may be poised for a powerful move higher. As always, traders should exercise caution, but the technical breakout could mark the beginning of a new bullish chapter in XRP’s story. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst Shares XRP Urgent Update With Holders appeared first on Times Tabloid .

Source: TimesTabloid