bullish

Dark

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 <li>XRP eyes a $2.52 breakout for bullish momentum, targeting $2.72, with potential highs at $5.85 and $8.76 in optimistic scenarios.</li>  
 <li>Indicators like the Ichimoku cloud and RSI Golden Cross show buying strength, boosting confidence in XRP’s upward trend.</li>  
 <li>Failure to hold $2.52 may lead to retests of key support levels at $2.29, $2.24, and $2.10 before further gains.</li> 
</ul>  
<p>On the 4-hour chart, indicators converge, indicating a bullish breakout in XRP's price action. According to crypto analyst <a href="https://x.com/DefendDark/status/1868363645778071843" target="_blank" rel="noopener noreferrer nofollow">Dark Defender</a>, the confirmation of a break is already visible at $2.40, with the daily timeframe needing a close above $2.52. If this happens, XRP may target short-term levels of $2.72, with further upside projections pointing toward $5.85 and $8.76.</p>  
<h2 class="wp-block-heading" id="h-bullish-signals-on-the-4-hour-chart">Bullish Signals on the 4-Hour Chart</h2>  
<p>The 4-hour XRP/USD chart reveals consistent attempts to overcome a descending trendline that has defined a recent downtrend. This descending resistance line has acted as a cap, preventing the price from moving higher. However, XRP’s recent move toward $2.40 signals a possible shift.</p>  
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<p>Additionally, the <a href="https://cryptonewsland.com/xrp-soars-indicators-signal-1-46-surge/" target="_blank" rel="noopener noreferrer nofollow">price is consolidating just above the Ichimoku cloud</a>, a bullish indicator for upward momentum. The Ichimoku cloud acts as a dynamic support zone. As long as the price holds above this green cloud area, it strengthens the case for further gains.</p>  
<p>The Relative Strength Index also confirms bullish activity. The <a href="https://pepperstone.com/en-af/learn-to-trade/trading-guides/what-is-golden-cross-trading/" target="_blank" rel="noopener noreferrer nofollow">RSI Golden Cross</a> has formed, where the purple RSI line crosses above the yellow moving average. This crossover signals a rise in buying pressure, a key indicator of momentum shifting in favor of the bulls. Moreover, the RSI is trending between 50 and 60, showing market strength after previous bearish moves.</p>  
<h2 class="wp-block-heading" id="h-key-levels-to-watch-for-xrp">Key Levels to Watch for XRP</h2>  
<p>On the upside, <a href="https://cryptonewsland.com/xrp-battles-key-levels-2-70-breakout-critical-for-bulls-1-96-support-holds-the-line/" target="_blank" rel="noopener noreferrer nofollow">XRP must confirm a breakout above $2.52 to maintain its bullish trajectory</a>. A successful close on the daily chart at this level could lead to a rally toward $2.72. Short-term projections from Dark Defender include ambitious price targets of $5.85 and $8.76.&nbsp;</p>  
<p>These levels reflect growing market confidence as technical indicators align. However, failure to confirm the breakout may trigger a retest of supports near $2.29, $2.24, and $2.10. Additional support lies at $2.02, a critical level for defending bullish sentiment.</p> 
<p>The post <a href="https://cryptonewsland.com/xrps-price-breakout-looms-2-40-breach-sparks-optimistic-projections/" rel="noopener noreferrer nofollow">XRP’s Price Breakout Looms: $2.40 Breach Sparks Optimistic Projections</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

XRP’s Price Breakout Looms: $2.40 Breach Sparks Optimistic Projections

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