XRP Poised to Break Through Decades-Long Resistance Zone

A widely followed cryptocurrency analyst, Steph Is Crypto, is predicting that XRP could soon break through a stubborn technical barrier and potentially create a new wave of millionaires within the next few months.

The descending trend line that has capped XRP's price for over a year is currently being retested, but unlike previous encounters, Steph Is Crypto believes this setup carries a higher probability of breaking through. He pointed to a chart comparison between today's market structure and the pattern that preceded XRP's powerful rally in 2024.

XRP's most recent attempt pushed the token to around $1.15 before sellers stepped in, echoing the rejection pattern that has frustrated bulls for months. However, Steph Is Crypto described this pullback as a natural consolidation ahead of what he called 'a decisive moment' for the asset's next major direction.

The analyst highlighted a bullish inverse head-and-shoulders pattern on the 12-hour timeframe, with XRP having already triggered a technical breakout above the neckline. He identified the $1.16 to $1.18 band as the first major resistance zone, and clearing that hurdle would raise the odds of a move toward the next congestion zone between $1.27 and $1.30.