XRP Will Breakout to $3 Soon If This Notable History Repeats

XRP's price chart has revealed a consistent pattern over the past year, characterized by repeated tests of a descending resistance line while maintaining a robust support level near $2. Historical analysis suggests that a successful breach of this resistance could initiate a substantial upward movement for the cryptocurrency.

The technical setup was recently highlighted by ChartNerd (@ChartNerdTA) on X, who indicated that a repetition of past price action could lead to a significant breakout for XRP.

XRP's Strong Support Base

The chart data indicates that the support level at $2 has consistently held firm through multiple previous tests, effectively preventing further price declines. This established base provides a stable foundation for buyers and demonstrates sustained demand at this valuation. The chart illustrates a prior instance where XRP consolidated below a descending trendline before experiencing a sharp breakout once it surpassed the $2 resistance.

This significant move occurred in mid-2025 and preceded XRP's ascent to its all-time high of $3.65. Current chart observations suggest that XRP is again on the verge of a notable breakout. The digital asset has retested the descending resistance line, and with increasing price compression, a breakout could be imminent.

Positive Technical Indicators

Momentum indicators are further reinforcing this positive outlook. The Moving Average Convergence Divergence (MACD), visualized in the middle panel of the chart, is currently forming a bullish cross. This crossover event, which was also pointed out by ChartNerd, signals a strengthening upward momentum.

Positive MACD readings following a period of declining momentum are often interpreted by traders as an indication that buyers are re-entering the market. This signal is frequently seen as confirmation of the potential for a sustained rally once the immediate resistance is overcome.

In the lower panel, the Relative Strength Index (RSI) is observed to be moving within a descending channel. After reaching a low point near 30, the RSI has begun to trend upwards. A breakout from this descending RSI channel would align with expectations for the price action, suggesting an increase in buying pressure. The confluence of a holding support level, a bullish MACD crossover, and an improving RSI creates a favorable technical environment for XRP's next significant price movement.

XRP Key Level to Watch

Historical data reveals a recurring pattern involving consolidation along support levels, followed by tests of descending resistance, and ultimately culminating in an upward surge. The green arrows depicted on the chart correspond to previous breakout instances, suggesting that the current price action may follow a similar trajectory.

This established pattern implies that once XRP successfully breaks above the descending resistance line, its momentum could accelerate rapidly, potentially surpassing previous all-time highs in the short term.

Investors and traders closely monitoring XRP should pay particular attention to the $2 support level and the descending resistance line. With XRP currently trading at $2.04, a modest upward push could be sufficient to propel it above the resistance and towards new price milestones.