XRP Closes Highest Quarterly Candle in History. Here’s the Significance

XRP has just achieved its most significant technical milestone to date— closing the highest quarterly candle in its history. As highlighted by Altcoin Daily, this historic event marks a decisive breakout above a long-standing resistance level that has capped XRP’s progress since early 2018. The close signals a potential shift in momentum and has reignited bullish sentiment across the XRP market. Breaking a Multi-Year Barrier The recent quarterly close on the 3-month chart, illustrated by analyst Steph Is Crypto, confirms that XRP has closed above the $2.40 level for the first time ever. This area has acted as a major ceiling for the asset over the past seven years, with repeated failed attempts to break through during the 2021 rally and other market surges. Unlike shorter timeframes, quarterly candles reflect deeper market conviction and long-term investor interest. A close above such a major resistance on this timescale indicates a structural shift, transforming years of sideways consolidation into what could be the early stages of a powerful upward trend. $XRP Closes Highest Quarterly Candle in History pic.twitter.com/KuOpvkWoYR — Altcoin Daily (@AltcoinDaily) July 9, 2025 This breakout is not just a technical milestone. It represents a change in narrative. For years, XRP has been viewed as an underperformer in the crypto market. That perception is now rapidly shifting as the asset breaks out into levels unseen since its all-time high phase. Historical Context and Chart Implications Since its explosive rally to $3.84 in January 2018, XRP spent the better part of seven years trapped in a wide, frustrating range. Even during the 2021 bull cycle, when many other altcoins soared to new all-time highs, XRP failed to reclaim its former glory. Now, for the first time in nearly a decade, XRP has broken through the upper boundary of that range and secured a quarterly close above it. This clean breakout from a prolonged accumulation zone is often viewed by technical analysts as the prelude to a full-scale price expansion. The structure mimics classic breakout patterns: extended consolidation, strong impulse, and follow-through. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 What Comes Next for XRP? With the macro resistance now behind it, XRP is setting its sights on the next major psychological level-the all-time high near $3.84. Should momentum continue, analysts believe a surge toward $5 and beyond is well within reach. Some are already speculating about a move toward double-digit territory, driven by the sheer strength of this technical breakout. Bollinger Bands on higher timeframes remain historically tight , indicating that volatility is still compressed. When this kind of setup resolves in the direction of the trend, it often leads to explosive moves, which traders sometimes call a “God candle.” XRP’s highest quarterly candle close in history is more than just a chart event; it’s a statement. After years of stagnation, the asset has decisively broken above a key resistance level that had defined its range since 2018. As Altcoin Daily emphasized, this is a major technical development that could reshape XRP’s long-term trajectory. With the range finally broken, the market may be witnessing the beginning of XRP’s most powerful rally yet. 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 XRP Closes Highest Quarterly Candle in History. Here’s the Significance appeared first on Times Tabloid .

Source: TimesTabloid