{"id":94042,"date":"2025-09-05T10:00:45","date_gmt":"2025-09-05T10:00:45","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=94042"},"modified":"2025-09-05T10:00:45","modified_gmt":"2025-09-05T10:00:45","slug":"xrp-price-could-see-20-bounce-to-3-4-if-this-trendline-holds","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=94042","title":{"rendered":"XRP Price Could See 20% Bounce To $3.4 If This Trendline Holds"},"content":{"rendered":"

The XRP price is still showing bullish momentum despite the previous wave of downtrends<\/a>. After falling below $2.8, a quick bounce was able to reclaim this level once again as support, putting it on a path lined with further gains. With the formation of an ascending trendline, the XRP price may be sitting on a ticking time bomb primed for explosion, and this would send it back toward its July peaks as bulls find their way back into the market again.<\/p>\n

XRP Price Breakout Could Notch 20% Gains<\/h2>\n

The analysis from CMF Trading Point shows<\/a> that the XRP price is at a critical level after the formation of an ascending trend line. This trend line has always been bullish<\/a>, and with the return of bulls, it might be as bullish as it gets. Given this, the crypto analyst has given a reasonable target for where the XRP price could be headed next.<\/p>\n

Since the price is currently needling around the $2.82 level, it shows that there is still strength after the bulls reclaimed the $2.8 support<\/a>. If this level holds and the ascending trendline breakout is completed, then the first target from here is for the XRP price to reach $3.<\/p>\n

Once this first target is achieved, then the price can quickly move on to the next target, which lies at $3.40. A completion would mean a 20% total increase, while still providing room for a possible continuation. If momentum holds, it could set the XRP price on a path to new all-time highs<\/a>.<\/p>\n

What Happens If The Ascending Trendline Fails To Hold?<\/h2>\n

In the event that the ascending trendline fails and the XRP price falls further, then it could spell a period of downtrend<\/a> for the cryptocurrency. The analyst explains that the XRP price actually needs to stay above $2.20-$2.25 for the bullish breakout to remain valid. Otherwise, it would mean trouble.<\/p>\n

A breakdown below this level would trigger the start of another downtrend<\/a> that could send the price spiraling toward $2. If sell-offs continue to pile on at this level, then XRP could crash below $2, leading to another bear market.<\/p>","protected":false},"excerpt":{"rendered":"

The XRP price is still showing bullish momentum despite the previous wave of downtrends. After falling below $2.8, a quick bounce was able to reclaim this level once again as support, putting it on a path lined with further gains. With the formation of an ascending trendline, the XRP price may be sitting on a […]<\/p>\n","protected":false},"author":0,"featured_media":94043,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-94042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/94042"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=94042"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/94042\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/94043"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=94042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=94042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=94042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}