XRP News Today: XRP Nears Major Breakout at $2.33 as Bullish Indicators Align

XRP is once again gaining attention as technical signals suggest the asset is nearing a major breakout. According to prominent crypto analyst Dark Defender, XRP is showing strong bullish momentum on the daily timeframe, with several key indicators aligning in favor of a price surge. His latest analysis points to the $2.33 level as the critical threshold. If XRP closes above it, the stage may be set for a powerful rally.

Dark Defender’s outlook is rooted in a combination of technical indicators that are historically reliable for predicting breakouts. First, the Relative Strength Index (RSI) is signaling strong momentum. This indicator, which measures the speed and change of price movements, suggests growing buyer strength, reinforcing a bullish outlook. Next, the Exponential Moving Averages (EMAs) on the daily chart are also favoring the bulls. XRP is currently trading above major EMAs, a signal often seen during the early stages of strong upward trends. When price action consistently holds above these levels, it typically confirms that bullish momentum is in control.

Perhaps most notable is the expected shift in the Ichimoku Cloud. While the cloud had previously suggested indecision, it is now on track to flip bullish. The Ichimoku system evaluates multiple dimensions of price action, including trend strength and future support or resistance. A bullish crossover here would add further confirmation that XRP is ready to break higher.

At the center of Dark Defender’s analysis is the $2.33 price level. According to him, this is not just another resistance point—it’s a historical barrier that has capped XRP during past rallies. A daily candle close above this level would represent a major technical breakout and likely trigger renewed interest from both retail and institutional investors. This target is rooted in past price behavior. In previous cycles, XRP has struggled to hold gains beyond this zone, often reversing after testing it. This time, however, the combination of bullish momentum, market structure, and a favorable technical backdrop could result in a different outcome.

XRP’s price movements are not only shaped by charts and indicators, they’re also influenced by regulatory developments and broader market sentiment. Despite this, the market appears to be focusing once again on fundamentals and chart setups. XRP is still trading well below its all-time high of $3.84, giving the asset plenty of room to move if momentum builds. As Dark Defender emphasized, the conditions are aligning. RSI is bullish. EMAs are bullish. The Ichimoku Cloud is expected to flip bullish. If XRP can close decisively above $2.33, a new phase of price discovery could begin. For XRP holders, all eyes are now on the daily chart. The breakout may be closer than it seems.