Analyst: XRP Daily Chart Looks Ready For Massive Breakout. Here's why

@media only screen and (min-width: 0px) and (min-height: 0px) { div[id^=“wrapper-sevio-6a57f7be-8f6e-4deb-ae2c-5477f86653a5”]{width:320px;height:100px;} } @media only screen and (min-width: 728px) and (min-height: 0px) { div[id^=“wrapper-sevio-6a57f7be-8f6e-4deb-ae2c-5477f86653a5”]{width:728px;height:90px;} }

XRP is trading at a critical technical level after months of controlled downside movement on the daily chart. Crypto analyst Crypto Captain (@UniverseTwenty) shared a chart highlighting a prolonged descending channel that has guided its price action and is now nearing a potential breakout point.

XRP has spent the second half of the year trading lower in a structured decline. Sellers maintained control, and the downtrend remained steady. That behavior kept XRP compressed as volatility continued to fade. This compression now places the market near an inflection point.

Descending Channel Nears Resolution

The daily chart shows XRP trading inside a downward-sloping channel since its peak in July. Each rally stalled at descending resistance, and each pullback held above the lower trendline. This pattern produced a sequence of lower highs and lower lows, confirming a sustained corrective phase rather than a collapse.

In recent weeks, XRP rebounded from support near $1.75. Buyers stepped in aggressively at that level. The price then pushed higher toward the resistance near $1.9. The distance between support and resistance has narrowed, signaling growing pressure, and markets rarely stay compressed for long.

Crypto Captain described the setup as looking ready for a massive breakout. The chart supports that view by showing price now testing the same resistance that rejected every rally since October. A daily close above this level would break the pattern of lower highs and invalidate the channel structure.

XRP Key Levels If Resistance Breaks

A confirmed breakout above the channel could open the door to higher prices. The first area to watch sits between $2.1 and $2.3. XRP previously consolidated in this zone before accelerating lower. That makes it a logical area for the asset to revisit if momentum continues to build.

Above that range, the next major resistance appears near $2.50. This level aligns with prior swing highs from November. Reclaiming it would mark a clear trend shift on the daily timeframe. Such a move would also restore bullish market structure after months of downside control.

The final level is near $2.7, as this level capped XRP’s rallies in October. If the asset can breach this level, it could target higher prices above $3, reclaiming levels not seen since early October. For now, market participants are focused on a breakout above the descending channel.

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 advised to conduct thorough 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.*