Ripple’s XRP Constructive Bowl Base Eyes Big Break That Could Trigger Crazy All-Time High Run ⋆ ZyCrypto
The post Ripple’s XRP Constructive Bowl Base Eyes Big Break That Could Trigger Crazy All-Time High Run ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
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  XRP is pressing into a well-defined resistance band around $3.30 after a two-week recovery that lifted the coin back above $3.00 and drew heavier trading volumes. Between August 13 and 14, 2025, the market tape showed XRP pushing from $3.24 to $3.33 intraday, a level many traders view as the pivot for a larger advance if sustained on strong volume. The move follows a series of higher lows through late July and early August, a basing pattern technicians often liken to a “bowl.” Why $3.30 matters In the August session, XRP cleared $3.30 in 24 hours before consolidating its gains. Earlier notes from the first week of August highlighted repeated tests just below $3.02–$3.05, and a temporary rejection, underscoring how supply becomes denser in this area. These levels frame the current battleground: sustained closes above $3.30 would shift focus to the mid-$3, while failure risks a return to the high-$2 support. Advertisement
  Price action since late July features incremental higher lows and repeated probes of overhead supply—hallmarks of accumulation. That groundwork set up early-August retests of $3.00–$3.05, and, ultimately, last week’s push to $3.33. While labels like “bowl,” “cup,” or “rounding base” vary by desk, the common thread is constructive structure as long as prior swing lows hold. What could validate a breakout Two ingredients matter: closeness and volume. CoinDesk’s August read showed $3.24 → $3.33 alongside “significant institutional buying.” A daily or weekly close above $3.30–$3.33 with rising turnover would argue the base is resolving higher. Conversely, rejection back below $3.05–$3.14 would keep the range intact and delay trend confirmation. What would the path to All-Time High require Reclaiming the $3.50–$3.84 historical window would likely demand multiple confirmed closes above $3.30–$3.33, followed by acceptance above $3.50. Given the dispersion in ATH methodologies, the…
Filed under: News - @ August 28, 2025 2:28 am