XRP Breaks Trend Line, Gains 0.54% Amid Bullish Signals

XRP has reached a critical juncture, with price action breaking above a long-held descending trend line on the 4-hour XRP/USDT chart. This breakout often signals the end of sustained bearish pressure and hints at a potential trend reversal. Currently trading at $2.1190 with a modest gain of 0.54%, XRP is showing signs of bullish momentum. The Bollinger Bands (20 SMA) indicate a recent contraction following a prior expansion phase, suggesting a cool down in volatility, which is often seen as the calm before a significant move.

Recent candlesticks are forming higher highs and higher lows, laying the foundation for a bullish continuation. Support and resistance zones are clearly defined, with the nearest support at $2.1077 and stronger support at $2.0143. On the upside, immediate resistance is at $2.1814. A successful breakout and close above this resistance could open the gates for a retest of $2.40, where sellers previously overwhelmed buyers. Price is now consolidating above the broken trend line, which has flipped to support, a bullish retest that often precedes further upside when sustained.

XRP is currently forming a textbook ascending triangle pattern, where a rising trend line compresses price against horizontal resistance. This bullish formation signals accumulation. While trading volume has slightly declined, often typical before breakout events, the setup suggests price could soon erupt. If XRP breaches the $2.18 resistance with strong volume, a measured move points toward the $2.40 to $2.60 range. If resistance holds, however, XRP may revisit lower support zones, particularly around $2.01.

The Bollinger Bands are narrowing, indicating consolidation and low volatility—a classic setup for a breakout. XRP is currently hugging the upper band, suggesting buyers still have control, though not in overbought territory yet. Historically, when XRP rides the upper band while the middle band (20 SMA) holds as dynamic support, it often precedes a bullish leg. A close below this middle band, however, could invite selling pressure and potential trend weakening.

MACD (12, 26, close) reveals a subtle shift in momentum. The MACD line remains above the signal line, preserving a bullish structure, but convergence is underway, implying weakening strength. A bearish crossover would likely drag XRP back to test the $2.01 area. If, however, the MACD line bounces and widens, it could validate a bullish continuation and fuel a breakout rally. Traders should watch this momentum closely, especially as XRP nears the triangle’s apex.

The candlestick structure—narrow-bodied candles with upper shadows—reveals hesitation near resistance, signaling potential seller exhaustion or indecision. A clean breakout above $2.18, accompanied by a volume surge and MACD divergence, could push XRP to $2.40 or even $2.60 quickly. Failure to hold above $2.10 could shift the bias back to bearish, targeting $2.01.

In summary, XRP is on the verge of a major move. Whether it turns into a breakout rally or a failed retest depends on incoming volume, macro sentiment, and momentum strength. The next few candles are crucial, representing a technical inflection point that traders cannot afford to ignore.