Analyst STEPH IS CRYPTO emphasizes current movements of the XRP token, highlighting strong support levels and potential breakthroughs ahead.
Weekly Support Level
The weekly XRP/USDT chart shows the token consolidating within a well-defined green support band. This range has repeatedly attracted buyers since July’s rally.
Patterns and Breakout Potential
Independent chart analysts note that XRP is trading within a narrowing triangle, a technical formation that frequently resolves with a significant breakout. Key levels to monitor are a decisive close above the $3.10–$3.20 range.
Market Conditions Supporting Momentum
The broader crypto market is turning more favorable. Renewed risk appetite and increased institutional interest have boosted liquidity across major altcoins, creating an environment where a confirmed breakout in XRP could accelerate quickly.
Steph Is Crypto’s analysis highlights the current technical situation for XRP, pointing to a potential significant increase with a confirming breakout above key levels.
