XRP Breaks Through Resistance, Signaling Potential Momentum Shift

Crypto analyst Steph Is Crypto highlights a significant technical development for XRP. According to his analysis, the cryptocurrency has broken back above the trend ribbon on the XRP/USDT spot pair, after weeks of trading below it. This move was captured in a two-day chart from Bybit, with the trend ribbon values set at around 2.96 and 2.97. Steph Is Crypto’s post emphasizes this as a potential signal for XRP’s short to medium-term price outlook. Notably, the analysis shows a similar pattern to the July breakout which led to an extended climb before the market experienced another correction. The chart details two key breakout moments; one in early July, and the recent latest move.