XRP Breaks Downtrend With $4.30 First Target and $5.60 in Sight

XRP has cleared a long daily downtrend with price at $3.07 and charts projecting near term resistance at the $4.10 to $4.30 level.

The three-day chart shows XRP forming a breakout setup. Medium-term upside levels are targeting $4.2802 and $5.5995 in the coming months.

Support remains near the $2.60 to $2.80 zone, while momentum could build fast if XRP sustains gains above the $4.30 resistance level.

XRP has broken through its daily downtrend, signaling the potential start of a major uptrend. The token trades at $3.07, with technical setups pointing to near-term targets at $4.10–$4.30 and extended resistance at $5.60.

Daily Chart Signals Fresh Momentum

The daily timeframe shows XRP breaching a descending trendline that has defined price action for months. This break comes after sustained pressure between $2.80 and $3.30, a consolidation zone that held through August and early September.

Currently, XRP trades around $3.0729, aligning with the top boundary of its breakout structure. The price has also cleared immediate resistance levels, indicating momentum could accelerate if bulls maintain control.

Technical analysis identifies the $4.10–$4.30 range as the first significant resistance. This zone matches historical supply levels where sellers previously capped advances. Should XRP sustain above $3.30, traders are expected to target this level aggressively.

Daily moving averages also support this outlook. The alignment of trendlines and breakout points confirms the transition from bearish pressure to a possible bullish phase.

Medium-Term Targets and Chart Patterns

The three-day chart provides additional insight into XRP’s potential trajectory. After forming a wedge structure from March to July 2025, the token surged into the mid-$3 range before pulling back.

Consolidation has since shaped a new descending channel, with price stabilizing around $3.0733. This setup mirrors past patterns that preceded extended bullish rallies. Historical analysis suggests breakouts from such formations often yield moves toward upper resistance levels.

Technical targets remain clear. The first significant milestone lies at $4.2802, aligning with the breakout projection. Beyond this, the broader goal stands at $5.5995, a level highlighted as the next bullish target. Reaching this point would mark a near 80% gain from current trading levels.

Investor focus is expected to intensify if XRP climbs through the $4 zone. Such a move would confirm bullish strength while attracting additional capital inflows. Traders often interpret resistance flips at these levels as validation of a new upward cycle.

Market Context and Future Outlook

The charts suggest XRP has entered a pivotal stage. Breaking the daily downtrend signals the possibility of a long-term structural shift. Past cycles have shown that once XRP clears prolonged resistance, momentum often builds quickly.

The immediate question is whether buyers can sustain pressure to carry XRP beyond $4.30. If achieved, technical setups suggest momentum could extend toward $5.60, establishing a stronger foothold for bullish dominance.

Volume patterns provide additional context. Price consolidation across August and September coincided with declining activity, often a precursor to volatility spikes. A breakout accompanied by renewed volume would provide confirmation that a new trend has begun.

Support remains anchored near $2.60–$2.80, levels that acted as a floor during consolidation. Holding above these points strengthens the bullish case, while a breakdown could reopen the risk of prolonged range-bound trading.

XRP’s technical structure now reflects a critical inflection point. The charts highlight converging signals across both daily and multi-day timeframes. Historical resistance zones and breakout formations converge around similar levels, creating a roadmap for traders. The pivotal question remains: can XRP sustain momentum to convert the $4.10–$4.30 resistance zone into support and extend toward $5.60?