
XRP has scored a notable technical victory, closing a daily candle above a key downward trendline for the first time since July 21. Market data confirm that the token settled at $3.05912, firmly above the resistance that has repeatedly capped price advances over the past seven weeks. This move, highlighted by prominent market analyst Cryptoinsightuk on X, signals a potential shift in momentum as traders eye higher levels. According to the analyst, the minimum target following this breakout is $3.60, a price zone not seen since mid-July. $3.00 as the Critical Psychological Pivot Despite this encouraging close, the $3.00 mark remains a fierce battleground. Technical traders recognize round numbers as psychologically important, and XRP’s repeated tests of this level underscore its role as both a magnet for liquidity and a potential springboard for the next move. $XRP closed its first daily candle since July 21st above this downwards trendline. Minimum target here is $3.60 https://t.co/QMmkQpIiCq pic.twitter.com/eVer3UGSOM — Cryptoinsightuk (@Cryptoinsightuk) September 12, 2025 Bulls need to defend the trendline on any pullback and convert $3.00 into solid support to validate the breakout’s strength. Until that happens, market watchers expect continued volatility and intraday retests of the former resistance line. The Case for a $3.60 Minimum Target Cryptoinsightuk’s $3.60 objective aligns with major technical factors. That price corresponds to a cluster of previous highs from mid-July, when XRP last staged a sharp rally. Breaking through to that region would represent a measured move from the descending trendline and signal that the bullish trend is firmly intact. Other chart analysts have also identified the $3.50–$3.70 range as a logical next resistance zone , reinforcing the credibility of the target. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Volume and Confirmation Signals For the breakout to gain lasting traction, analysts emphasize the need for strong trading volume and a decisive daily close above $3.10. High volume would confirm that institutional and retail participants are committing to the move. Conversely, a weak-volume push could invite a rapid pullback, particularly if broader crypto market sentiment cools. Traders are also watching for a “retest and hold” pattern, where the price revisits the former trendline and bounces—an important sign that it has flipped from resistance to support. Macro Factors and Market Outlook Beyond pure chart analysis, macro currents in the crypto market will shape XRP’s trajectory. Institutional interest, regulatory headlines, and broader risk appetite continue to drive liquidity across digital assets. Positive developments in these areas could accelerate XRP’s advance toward $3.60 and beyond, while unexpected market shocks could dampen momentum. XRP’s first daily close above the descending trendline since July 21 marks a meaningful technical breakout. With Cryptoinsightuk setting a minimum target of $3.60, attention now turns to the crucial $3.00–$3.10 zone for confirmation. A successful defense of this level, backed by rising volume, would strengthen the bullish narrative and position XRP for its next leg higher. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post Analyst Sets Minimum Target after XRP Closes its First Daily Candle Since July 21 appeared first on Times Tabloid .