XRP Approaches Key Breakout Zone After Months of Rejections

After months of consistent rejections at a key descending trendline, XRP appears to be on the verge of a potential breakout. A new chart posted by Steph Is Crypto (@Steph_iscrypto) highlights the historical pattern of rejection XRP has faced since the start of 2025. Now, however, the chart shows XRP pressing once again against that resistance, this time with signs of strength. The 3-day chart shows four clear rejection points spanning several months. These rejections have kept XRP trapped under a descending trendline. The pattern shows mounting pressure, as each rally has brought XRP closer to the line with shorter retracements in between. With the latest candle now testing that same trendline again, questions have emerged about whether a major breakout is coming . #XRP won’t stay cheap for much longer here! pic.twitter.com/661Kf0X6mn — STEPH IS CRYPTO (@Steph_iscrypto) July 9, 2025 Historical Context and Market Implications Since November 2024, XRP has shown a pattern of sharp rallies followed by gradual declines. Each rejection from the trendline has resulted in lower highs and consolidation. But rather than weakening over time, the support zone around $2 has remained resilient, forming a stable base. In past cycles, XRP has often moved in bursts, especially when breaking out from long-term technical formations. The current chart shows a price structure that could support such a move, particularly if external bullish factors align favorably . The consistent failure to break past the descending line in earlier months adds weight to the possibility that a confirmed breakout could lead to a stronger directional move this time. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Trader Sentiment and Technical Outlook Community response to Steph Is Crypto’s post has been largely optimistic, with many expecting very high targets for XRP once the breakout is confirmed. The chart’s structure suggests a breakout above the trendline could lead to a test of higher resistance zones, potentially around $3 and beyond. If XRP fails again, it may retest the $2 region or lower. The reaction, at this level, over the next few candles will be critical. Although there is some downside risk, XRP just closed its highest quarterly candle ever , and the market expects a continued upward move due to recent performance. Steph expressed confidence in the asset’s trajectory, saying that it won’t stay cheap for much longer. Although he did not provide a specific price target, he shows that the resistance is weakening, and a move above it could signal a new phase for XRP’s market structure. 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 advised to conduct thorough 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 X , Facebook , Telegram , and Google News The post XRP Approaches Key Breakout Zone After Months of Rejections appeared first on Times Tabloid .

Source: TimesTabloid