Bitprismia

XRP Closes Highest Quarterly Candle in History. Here’s the Significance

2025-07-10 19:12:34

Main Idea

XRP has closed its highest quarterly candle in history, breaking a multi-year resistance level at $2.40, signaling a potential major rally.

Key Points

1. XRP closed above the $2.40 level for the first time in seven years, a key resistance since early 2018.

2. Despite previous market surges, XRP had failed to break this level until now, marking a significant technical breakout.

3. Analysts suggest this breakout could lead to a rally toward its all-time high of $3.84 or even double-digit prices.

4. The breakout is seen as a decisive move after years of stagnation, potentially reshaping XRP's long-term trajectory.

5. The market may be witnessing the beginning of XRP's most powerful rally yet, driven by this technical breakthrough.

Description

XRP has just achieved its most significant technical milestone to date— closing the highest quarterly candle in its history. As highlighted by Altcoin Daily, this historic event marks a decisive breakout above a long-standing resistance level that has capped XRP’s progress since early 2018. The close signals a potential shift in momentum and has reignited bullish sentiment across the XRP market. Breaking a Multi-Year Barrier The recent quarterly close on the 3-month chart, illustrated by analyst...

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$XRP
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+7.05%