TimesTabloid
2025-09-01 17:02:36

Market Strategist: Once XRP Breaks This Resistance, Sky Is the Limit

Steph Is Crypto (@Steph_iscrypto), a well-known crypto analyst, recently shared a chart highlighting a critical point in XRP’s market structure. He showed an extended upward trendline on the chart, which has capped XRP’s price since 2021. He emphasized the importance of this multi-year resistance line, noting that XRP might experience another notable growth phase if it can successfully surpass this resistance. Once #XRP breaks this resistance. SKY IS THE LIMIT. pic.twitter.com/KGnDN7g6ov — STEPH IS CRYPTO (@Steph_iscrypto) September 1, 2025 What the Chart Shows The chart, which tracks XRP’s performance against the U.S. dollar on a two-week timeframe, shows the token repeatedly approaching but failing to clear this diagonal resistance. The line links XRP’s high in 2021 with its subsequent rally attempts in 2024 and 2025, suggesting that the market has consistently reacted at this level. The technical picture is straightforward. Since 2019, XRP has experienced cycles of rallies and retracements, but the dotted resistance line has marked a ceiling on upward momentum. The asset reached a peak of $1.96 in 2021, marking the first attempt at this resistance. The asset then went into a multi-year consolidation phase , trading well below the resistance line. The next attempt came during its rally in 2024, culminating in a peak of $3.39 in January 2025. The asset made its most recent attempt in July, rising to an all-time high of $3.65 . However, all attempts failed to breach this resistance. The chart suggests that a breakout above this line could shift XRP into a new trading range. Steph Is Crypto summarized this view, writing that once XRP breaks this resistance, “sky is the limit,” suggesting a phase of price discovery and unprecedented price targets. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Expectations and Targets Technical traders typically look for clean breakouts with strong volume to confirm such moves. While Steph did not provide specific targets, his recent analysis set a $7 target for XRP. This is over 2x XRP’s current price, and decisively clearing the multi-year resistance line could open the door to similar levels. However, the asset’s path forward remains uncertain until that breakout occurs. XRP has faced short-term weakness, adding to this uncertainty. The token experienced a huge decline in the final days of August and continued into September , with XRP reaching a low point of $2.71. Failing to clear resistance could lead to another period of sideways trading or a pullback to lower support areas, and XRP must regain its momentum to confirm this breakout and reverse its bearish fortunes. 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. Follow us on X , Facebook , Telegram , and Google News The post Market Strategist: Once XRP Breaks This Resistance, Sky Is the Limit appeared first on Times Tabloid .

Crypto 뉴스 레터 받기
면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.