bullish

Online

<p>In a recent video, More Crypto Online discusses how <a href="https://captainaltcoin.com/xrp-price-prediction-could-a-1-25-breakout-lead-to-a-long-term-25-surge/" target="_blank" rel="noopener noreferrer nofollow">XRP has been moving </a>sideways within the larger sideways correction. He highlighted the potential for a breakout, driven by a triangle formation that could signal a bullish reversal.&nbsp;</p>
<p>With all these happenings, traders and investors are closely monitoring that market and are asking if <a href="https://captainaltcoin.com/xrp-chart-looks-fascinating-says-elite-crypto-trader-price-rally-incoming/" target="_blank" rel="noopener noreferrer nofollow">XRP will break </a>through the key levels or remain in its corrective phase.</p>
<h2 class="wp-block-heading" id="xrp-s-sideways-movement-and-triangle-pattern">XRP’s Sideways Movement and Triangle Pattern</h2>
<p>Since early July, <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> has been locked in a sideways correction. According to More Crypto Online, this movement suggests an A-B-C pattern, with the B wave potentially forming a triangle. XRP has tested the support area multiple times, and a move to the $0.80 to $0.90 range is possible.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXefZu8-JeUFOoghw9DngvTlZ_dfuLQCvh0kcrSHJdeJWfHbwpiDLoOXDjYOYssGhIuO7ZpCrYRFiAZKsVyBVyHVEb1chFURXzTY9yTo8LNCweCr513RWemCe1_vjGBHtDEfV7uviY_NIbrZT1iF4ep6h7Nv?key=5Fx7SUpPFoJFm2QSXMupFw" alt="">
</figure>
<p class="has-text-align-center"><em>Image Source: MoreCryptoOnline<br></em></p>
<p>The triangle pattern indicates that consolidation is likely before any significant movement. A breakout from the triangle could signal a bullish trend, pushing XRP toward higher price targets.</p>
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<h2 class="wp-block-heading" id="market-conditions-and-recent-price-action">Market Conditions and Recent Price Action</h2>
<p>More Crypto Online mentioned that <a href="https://coinmarketcap.com/currencies/xrp/" target="_blank" rel="noopener noreferrer nofollow">XRP’s price </a>action has remained largely sideways for over a year, with few impulsive movements. While there have been brief upward spikes, the overall trend has been corrective. This prolonged correction has limited any strong bullish moves, leaving XRP trading in a tight range.</p>
<p>However, More Crypto Online suggests that the completion of the current triangle formation could lead to an upward breakout if support holds and key resistance levels are surpassed.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/this-rectangle-pattern-signals-two-bullish-scenarios-for-solana-sol-price-outlook/" target="_blank" rel="noopener noreferrer nofollow">This Rectangle Pattern Signals Two Bullish Scenarios for Solana: SOL Price Outlook</a></em></strong></p>
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 <div class="wp-block-embed__wrapper"><iframe loading="lazy" title="Ripple XRP Price News Today Technical Analysis - Ripple XRP 2024 and Elliott Wave Chart Analysis" width="840" height="473" src="https://www.youtube.com/embed/Mie9_LIrXrY?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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</figure>
<h2 class="wp-block-heading" id="key-levels-for-xrp-s-potential-breakout">Key Levels for XRP’s Potential Breakout</h2>
<p>The analyst added that for XRP to keep going up, it needs to stay above the $0.52 support level. If it does, XRP could reach key resistance levels at $0.60, $0.63, and $0.66.&nbsp;</p>
<p>Moreover, if it can break through these prices, it could go as high as the $0.86 range. But if XRP’s price drops below $0.52 support, it might fall under $0.50. This would mean it’s not likely to go up anymore, and any further upward movement will be delayed.</p>
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<p>The post <a href="https://captainaltcoin.com/is-xrp-price-breakout-finally-here-key-levels-to-watch/" rel="noopener noreferrer nofollow">Is XRP Price Breakout Finally Here? Key Levels to Watch</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Is XRP Price Breakout Finally Here? Key Levels to Watch

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