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XRP price movement has been highlighted by rejection after USD 2.35, fOllaked by reflection after USD 2.15. This initial rejection occurs after a brief rally in the last week of April, which, interestingly, has crossed the resistance line of resistance down, which defined its structure since the beginning of January 2025. Since then, the remains of this trends occurred since then, but this withdrawal is withdrawal perceived as a configuration For a potential breakthrough to levels above 4 USD, not rejection.
Breakout Trendline Focus with a swing failure pattern
According to Technical analysis On the TradingView XRP/USDT platform, it is now pressing a significant line of a significant line on the Daily Candlestick time chart. This trend, which managed a wider bearing structure from January 2025, was previously responsible for the remarkable rejection of prices in February and March. However, the latest interaction with this trend line seems different, and XRP can move from the pattern of lower ups to form and a breakthrough.
Noteworthy development here is a sequence leading to a breakthrough attempt. XRP increased for the first time at the end of April and moved above the trend line. But instead of falling back to the previous range, the price has briefly withdrawn and was a higher low, which is an essential structural change in the stubborn version of the swing failure pattern (SFP).
In this case When XRP was closed on April 30. As shown in the chart below, this pattern of the swing failure shifted the stubborn with the growing volume, the early sign of the reflection and rally.
Adding to this perspective, the trend line has been affected many times in the last five months, which meant that it was confirmed very essential. The white arrow drawn on the chart indicates the expected direction of the XRP price if the reflection is maintained.
The USD 3.00 resistance is essential for the explosion of the next price
Stubborn every day near this trend would break Bear Structure This defined the price of XRP since the beginning of the year. If it succeeds, it opens the price of XRP to the final mileage above USD 4 If everything goes well.
However, according to the analyst, the most direct level The watch is a resistance worth USD 3.00. Daily approaching above this round psychological level, combined with a volume jump, can open the road for XRP to augment subsequent key zones.
These zones include USD 3.31, which coincides with the highest level of January 16, which is another clear level of liquidity. The next zone would be near the current level of all time. Besides, USD $ 4,6209 is next Long -term destruction.
At the time of writing, XRP trades $ 2.20.
A distinguished picture from Adobe, chart from TradingView.com
