After several weeks of consolidation, XRP appears to be nearing a potential breakout. Price action has tightened considerably, suggesting that a decisive move may be imminent.
XRP has closed in the red for six of the past seven trading sessions, reflecting broader market weakness. In the past 24 hours, the token has slipped 2.1%, while trading volume surged 67.5%—indicating heightened selling activity.
Still, XRP’s performance remains relatively stable. Year-to-date, it is down just 1.9%, faring better than peers like Solana (-33.4%) and Ethereum (-44.7%).
Weekly Chart: Bullish Pennant Formation Taking Shape?
Since January, XRP has been consolidating near key levels, forming what many analysts interpret as a bullish pennant—a technical pattern that often precedes upward continuation.
A strong defense of the $1.80 support zone could result in a double-bottom formation, strengthening bullish momentum. A breakout above $3.50 would likely confirm the pattern and could pave the way for a move toward $4—a level not seen since its 2017 peak.
Daily Chart: Bullish Support Holds, but Momentum Weakens
On the daily timeframe, the $1.80–$2.00 range has offered strong support, repeatedly halting downside moves. However, price structure shows lower highs, and the MACD histogram signals growing bearish momentum.
Should XRP breach the $1.80 level, the next support lies near $1.30—a potential 28% decline from current prices.
Presale Highlight: MIND of Pepe Defies Market Gravity
Despite general market fatigue, presale token MIND of Pepe ($MIND) has raised over $8 million in under three months, drawing attention with its blend of AI tools and meme culture.
The project centers around an AI-powered version of Pepe the Frog that analyzes sentiment from X (formerly Twitter) and turns it into trading insights.
$MIND holders also receive early access to private token sales—offering potential for high upside before public listings.
To participate, users can purchase $MIND through the project’s official site using USDT, ETH, or a bank card via Best Wallet integration.
