XRP Ends 66-Day Slump as $1.30 Comes Into Focus

XRP Flips Bullish After 66-Day Downtrend, Analyst Sees More Upside 

XRP has delivered a decisive technical breakout, reigniting bullish momentum after breaking above a 66-day descending trendline that had capped every rally since late May.

Market analyst Ash Crypto says the breakout marks a potential shift in XRP's market structure, signaling that the prolonged corrective phase may be ending as bulls regain control. 

Breaking a long-standing downtrend is a key bullish signal, often indicating that selling pressure has weakened and market sentiment is beginning to turn. As a result, market participants are now watching whether XRP can hold above the former resistance, confirming it as a new support level.

XRP Breakout Gains Momentum as $1.30 Target Comes Into Focus 

Adding to the XRP optimism, crypto analyst Ali Martinez believes the breakout has now been fully confirmed. Martinez had previously identified $1.13 as XRP's critical resistance, arguing that a decisive close above the level would validate the bullish setup and pave the way for further gains.

With XRP now trading above $1.13, Martinez has set $1.30 as the next major upside target. A sustained move beyond that level would strengthen the bullish trend and could trigger another wave of buying.

The improving technical picture is already being reflected in the market. CoinCodex data shows XRP trading at $1.15, up more than 5% over the past 24 hours, highlighting renewed investor confidence following the breakout.

Beyond the trendline break, analysts are also monitoring a developing triple-bottom pattern, a classic bullish reversal formation that emerges after an asset successfully defends the same support level three times. The pattern suggests bears are losing momentum while buyers steadily absorb selling pressure, and a confirmed breakout often precedes a stronger upward move.

Therefore, the combination of a broken downtrend, reclaimed resistance, and an emerging triple-bottom has strengthened XRP's bullish outlook. 

Well, there is more than meets the eye since some analysts have even floated long-term targets of $9, $15, and $31 if adoption accelerates and favorable market conditions persist, though those projections remain highly speculative and would require significant sustained demand.

For now, attention remains firmly on two key levels as to whether XRP can continue holding above $1.13 as support and build enough momentum to challenge the next major resistance at $1.30. A successful move beyond this level would further reinforce the case that XRP's latest breakout marks the beginning of a broader bullish trend.