TimesTabloid
2025-07-23 06:20:21

XRP/BTC Approaches Major Breakout From 8-Year Resistance

A chart posted by investor and self-proclaimed crypto millionaire Gordon (@AltcoinGordon) has caught the attention of market watchers because it shows that XRP/BTC is once again testing a trendline that has capped the pair for nearly eight years. This resistance, drawn from a high point in 2017, has triggered lower highs since then, forming the upper boundary of a long-term descending triangle pattern . Now, that structure appears to be under threat. XRP: Long-Term Resistance Under Pressure The chart utilizes a 2-week timeframe and outlines a narrowing consolidation range that dates back to 2017. A breakout above the descending resistance currently located just below the 0.00003400 BTC level would mark a major technical event for XRP. The asset has been in a multi-year downtrend versus Bitcoin, and recent price action indicates that the pair is approaching the upper trendline once again, currently sitting at around 0.00002993 BTC. “This is not just a random breakout, but a generational wealth opportunity,” Gordon wrote. While such claims are bold, the technical structure he references is not easily dismissed. The formation, bound by a falling upper trendline and a gradually rising lower trendline, has been respected by the market since 2017. The asset’s price is currently near the apex of this triangle, suggesting that a decisive move is approaching. XRP/BTC is about to smash through its 8 year resistance level. This is not just a random breakout, but a generational wealth opportunity. And guess what? XRP Spot ETFs aren't approved yet, which makes this breakout just a beginning. Double-digits XRP is not a meme anymore,… pic.twitter.com/pj586vG6q3 — Gordon (@AltcoinGordon) July 21, 2025 We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Repeated Tests and Momentum Shift The XRP/BTC pair briefly rallied into this resistance zone in 2018 and early 2025, but failed to close above it. However, XRP recently reached a new all-time high , and with its renewed strength, traders are watching to see whether this third major test results in a clean breakout. A close above 0.00003400 BTC with volume could confirm the move and shift long-term momentum in XRP’s favor. Potential Catalysts and Double-digit Targets Adding to the narrative is the fact that spot XRP ETFs have not yet been approved. Gordon referenced this point in his post, noting that such regulatory catalysts could fuel further upside. He believes the current phase is just the beginning, and spot ETF approval could start another phase of growth for XRP, amplifying price discovery and clearing technical barriers. Gordon concluded, “Double-digits XRP is not a meme anymore, it’ll be a reality in 2025.” XRP has become undeniable in 2025, and even Bitcoin maximalists have set double-digit targets for the asset. The asset is currently on the verge of a breakout, and it’s only a matter of time before we see a move to these high targets. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP/BTC Approaches Major Breakout From 8-Year Resistance appeared first on Times Tabloid .

Crypto 뉴스 레터 받기
면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.