- XRP breaks resistance, signaling strong momentum toward new price highs.
- Expert confirms breakout could trigger rapid move to all-time high.
- Candle closes above key level, chart suggests bullish continuation ahead.
XRP is showing renewed strength after a major breakout on the 3-day chart, suggesting a potential run toward a new all-time high. The asset has now closed a decisive candle above a key technical level that analysts have been tracking closely.
According to market expert EGRAG CRYPTO, XRP’s latest 3-day candle opened above the Fibonacci 0.702 level. This signal, combined with a strong bullish candle and minimal wick presence, suggests momentum is building rapidly.
EGRAG CRYPTO pointed to the chart’s breakout above a long-term descending trendline, confirming a shift in trend that could lead to an explosive move. With this, he urged XRP holders to be prepared for a new all-time high as the coin continues to show signs of a major move.
Traders are now watching the $3.010 price point, which marks the high of the March 2nd wick. A confirmed close above this level on the 3-day chart would signal the potential for XRP to enter uncharted territory.
#XRP – The Beauty of This Candle 🕯️:
The opening is above the Fib 0.702 level, despite a small wick, just ignore it for now. ✅
In about 16 hours, we need to close the 3-day candle above the top wick of the March 2nd candle. If it closes above $3.010, get ready for a NEW ATH!… pic.twitter.com/Gn8J1dl62u
— EGRAG CRYPTO (@egragcrypto) July 14, 2025
The expert noted that such a breakout could unfold in a short timeframe, stating that “This move could happen fast and quickly,” emphasizing the speed at which the market might respond.
Also Read: Pundit Says Something Massive is Brewing for XRP as Alt Season Unleashes – Here’s What He Means
Strong Breakout Adds Pressure on Resistance as Momentum Builds
The chart highlights a clean breakout beyond the descending resistance line, which had previously held XRP below key levels for months. The current price action also puts XRP above its 50-day moving average, a signal that often reflects a shift in market sentiment.
As volume increases and bullish signals align, the community is paying attention to whether XRP can sustain this move. If the next 3-day candle manages to close above $3.010, analysts believe the door could open for a new all-time high.
Source: EGRAG CRYPTO
This development follows weeks of consolidation, where XRP remained within a narrow range. The recent surge has not only broken that pattern but has also created a new structure of support and higher lows.
Momentum now appears to be driving XRP toward upper resistance levels that were last tested during the asset’s previous peak.
The latest candle formation suggests XRP may be on the brink of a major rally. A close above $3.010 would be a key trigger, confirming the breakout and placing XRP on track for a potential new all-time high in the days ahead.
Also Read: 14,000,000 XRP Amid Price Pump – What’s Going On?
