XRP News Today: XRP Breaks Trendline, Eyes 63% Gain to $3.60

XRP, the cryptocurrency associated with Ripple, has recently broken through a key trendline, signaling a potential upward trajectory. This development has sparked interest among investors and analysts alike, as the digital asset appears to be building momentum towards the $3.60 mark. The support levels for XRP have remained firm, providing a stable foundation for its price movements.

The breakout from the trendline is a significant technical indicator, suggesting that the bearish trend that had been dominating the market for XRP may be coming to an end. This shift in trend could be attributed to various factors, including increased adoption of Ripple's technology by financial institutions and positive regulatory developments. As more companies integrate Ripple's solutions for cross-border payments, the demand for XRP is likely to rise, further bolstering its price.

Analysts have noted that the support levels for XRP have been holding firm, which is a positive sign for the cryptocurrency's future performance. The strong support indicates that there is significant buying pressure at lower price points, which can help prevent sharp declines and maintain stability. This stability is crucial for attracting institutional investors who are often cautious about the volatility associated with cryptocurrencies.

XRP is currently trading at $2.2124 after a strong breakout from its long-standing downtrend. The price reclaimed the key demand range between $1.90 and $2.10, which had already held through three clean retests this year. The latest breakout followed the third retest and flipped resistance into firm support. According to market analyst Henry, XRP had respected the descending trendline since January until buyers stepped in above $2.00. He also noted the fakeout in April, where XRP dipped below support but quickly reclaimed structure. With this confirmation move, Henry believes the measured target near $3.60 could now come into play if the trend holds.

Each retest of the $1.90–$2.10 zone saw XRP form bullish reversal candles, followed by higher closes in the days that followed. This zone has acted as a major accumulation range across the first half of 2025. With higher lows now established, XRP has formed a clean breakout pattern above the compression zone.

The XRPETH pair continues climbing after creating successive higher lows near the 0.000074 level. These reversals emerged alongside multiple bullish RSI divergences, pointing to building upside momentum in XRP. Crypto analyst CryptoinsightUK observed that XRPETH is now trading at 0.0000929, holding just beneath horizontal resistance at 0.000093. He adds that the RSI on the 4H chart has pushed above 50, showing strength beneath key resistance. He believes a breakout here could lead XRPETH toward 0.000097 and 0.000100.

RSI action now leads price slightly, with candles holding firm above 0.000090 and printing strong recoveries off 0.0000884. CryptoinsightUK further explains that XRPETH has broken its prior trendline from early May and is now consolidating below resistance. The recent pattern has formed an inverse head-and-shoulders structure, showing clear support from buyers.

With both XRPUSDT and XRPETH printing bullish setups, traders now focus on volume confirmation to validate continuation. Will XRP hold above $2.10 and extend toward $3.60? Can XRPETH break above 0.000093 to unlock fresh upside? For now, XRP holds firm above all structural supports, with trendline pressure broken and momentum steadily building across pairs.

The potential for XRP to reach $3.60 is based on the current market dynamics and the technical analysis of its price movements. According to the analyst's forecast, if the support levels continue to hold and the trendline breakout is sustained, XRP could see a significant price appreciation in the coming weeks. However, it is important to note that cryptocurrency markets are highly volatile, and unexpected events can lead to sudden price fluctuations.

Investors and traders are closely monitoring the developments surrounding XRP, as the cryptocurrency's performance could have broader implications for the overall market. The success of XRP in breaking through key resistance levels and maintaining strong support could inspire confidence in other digital assets, potentially leading to a broader rally in the cryptocurrency market. However, it is essential to approach this with caution, as the market remains unpredictable and subject to various external factors.