XRP Will Breakout to $3 Soon If This Notable History Repeats
$XRP ’s chart shows a clear pattern emerging over the past year. The cryptocurrency has repeatedly tested a descending resistance line while maintaining a strong support level near $2. Historical movements suggest that breaking this resistance could trigger a significant upward move. ChartNerd (@ChartNerdTA) highlighted this setup in a recent post, stating that repeating a historical pattern could cause a massive breakout for XRP.
👉XRP’s Strong Support Base The chart indicates that the support at $2 has held firm through previous tests, preventing further declines. This base level provides stability for buyers and shows consistent demand at that price. The chart shows a previous attempt where XRP consolidated below a descending trendline before a sharp breakout once it hit the $2 resistance. This move occurred in the middle of 2025 and preceded XRP’s rise to its all-time high of $3.65. The chart shows that XRP is staging another notable breakout. The digital asset has retested the descending resistance and could break out soon due to increasing price compression. 👉Positive Technical Indicators Momentum indicators reinforce this outlook. The MACD, shown in the middle panel, is forming a bullish cross. This crossover, highlighted by ChartNerd, indicates that upward momentum is gaining strength. Positive MACD readings following a period of declining momentum indicate that buyers are re-entering the market. Traders often interpret this signal as confirmation of the potential for a sustained rally once resistance is cleared. The lower panel shows the RSI moving within a descending channel. After bottoming near 30, it has started rising. A breakout from the descending RSI channel aligns with price action expectations, indicating strengthening buying pressure. The combination of support holding, MACD crossover, and RSI improvement signals a favorable environment for XRP’s next move. 👉XRP Key Level to Watch Historical data shows a repeating pattern, with consolidation along support, testing descending resistance, and an eventual upward surge. The green arrows on the chart correspond to past breakouts, suggesting the current approach may follow a similar trajectory. The pattern suggests that once XRP breaks above the descending resistance, momentum could accelerate rapidly, potentially surpassing previous highs in the short term. Investors and traders monitoring XRP should focus on the $2 support and the descending resistance line. XRP currently trades at $2.04, and a slight push upward could carry it above the resistance and send it to new heights.
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