Huge Moment for XRP: Price At Key Support. Here’s What Is Next
Main Idea
XRP is at a critical support level after a breakout from a long-term falling wedge, with its next price movement being a decisive 'make or break' moment for the cryptocurrency.
Key Points
1. XRP broke out of a long-term falling wedge pattern in mid-July 2025, surging from around $2.10 to over $3.50, confirming a bullish reversal.
2. The price has retraced to a key support zone between $2.90–$3.00, which previously acted as resistance, and is now a critical level for determining the next move.
3. Analyst Cryptoes describes this as a 'make or break' moment, where holding the support could lead to further gains, while a breakdown might result in a deeper correction toward $2.50.
4. Technical indicators like parabolic SAR suggest cooling momentum but no reversal, indicating the uptrend remains valid if support holds.
5. The coming days will be decisive for XRP's price trajectory, with potential upside targets at $3.50 and $4.00 if bulls defend the current support level.
Description
XRP is at a pivotal turning point. After a powerful breakout and sharp rally, the cryptocurrency is now testing a major support level that could determine its next significant move. According to popular crypto analyst Cryptoes, this is a “make or break” moment for XRP, and the market is watching closely. Breakout From Long-Term Falling Wedge Cryptoes’ chart, posted on X, highlights a successful breakout from a falling wedge pattern that had defined XRP’s price action for months. The wedge, with ...
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