TimesTabloid
2025-09-10 05:35:07

XRP Breakout Alert: Analyst Shares First and Next Stop Targets

Crypto analyst Arthur published a tweet highlighting a potential breakout for XRP on the daily timeframe. According to him, after several weeks of price compression, the asset had moved above the descending trendline that had acted as resistance. He marked the point of breakout with a circle on the chart he shared and explained that he was watching closely for the daily candle closure to confirm the move. In his words, the trendline resistance had flipped, suggesting a technical shift in the chart structure. $XRP BREAKOUT ALERT After weeks of compression, XRP is breaking the downtrend line on the daily chart (see circle, waiting for candle closure). Trendline RESISTANCE flipped Macro: FED cut incoming Fundamentals: ETF deadlines in October First target: $3.4 –… pic.twitter.com/iYFgzkCVhX — Arthur (@XrpArthur) September 8, 2025 Analyst’s Technical Outlook Arthur described the technical setup as clear, noting that XRP’s recent candlestick movement placed the price above the established descending trendline. The attached chart shows the series of lower highs that had kept the price contained since its July peak, followed by the breakout attempt. He remarked that the setup was decisive, provided the daily candle confirmed the move, and suggested that this marked a transition from a compression phase to a potential trending move. Macro and Fundamental Elements Noted In his tweet, Arthur linked the breakout with broader factors beyond technicals. He pointed out that the macro environment included an expected Federal Reserve rate cut , which he indicated could be favorable for risk assets such as cryptocurrencies. He also referred to upcoming ETF deadlines in October, suggesting that these events could influence momentum and market activity. By tying the breakout to both macroeconomic and fundamental drivers, he framed the move as supported by more than just the chart structure. Price Levels Identified Arthur shared specific price levels he was monitoring. He listed a first target range of $3.40 to $3.50 if the breakout sustained, and noted that if momentum continued, XRP could move to levels above $4.00 . These targets were presented as sequential objectives based on continued price strength. His commentary made clear that the path toward these levels would depend on sustained confirmation and market follow-through, rather than being immediate outcomes. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Independent perspective It is important to note that breakouts above long-standing resistance lines often require confirmation through both candle closures and consistent volume. Retests of the breakout area are common, and false breakouts can occur if momentum weakens. While Arthur emphasized the alignment of technical , macro, and fundamental factors in favor of an upward scenario, the outcome remains conditional on sustained buying pressure and external market developments. 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 Breakout Alert: Analyst Shares First and Next Stop Targets appeared first on Times Tabloid .

Получите Информационный бюллетень Crypto
Прочтите Отказ от ответственности : Весь контент, представленный на нашем сайте, гиперссылки, связанные приложения, форумы, блоги, учетные записи социальных сетей и другие платформы («Сайт») предназначен только для вашей общей информации, приобретенной у сторонних источников. Мы не предоставляем никаких гарантий в отношении нашего контента, включая, но не ограничиваясь, точность и обновление. Никакая часть содержания, которое мы предоставляем, представляет собой финансовый совет, юридическую консультацию или любую другую форму совета, предназначенную для вашей конкретной опоры для любых целей. Любое использование или доверие к нашему контенту осуществляется исключительно на свой страх и риск. Вы должны провести собственное исследование, просмотреть, проанализировать и проверить наш контент, прежде чем полагаться на них. Торговля - очень рискованная деятельность, которая может привести к серьезным потерям, поэтому проконсультируйтесь с вашим финансовым консультантом, прежде чем принимать какие-либо решения. Никакое содержание на нашем Сайте не предназначено для запроса или предложения