XRP Just Flashed a Major Bullish Signal. Here's What Happened

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XRP has reclaimed momentum after breaking above a descending trendline on the 4-hour chart, placing key resistance levels back in focus. Crypto Crusaders creator and XRP supporter Levi Rietveld shared the setup, telling followers that the asset has flashed a major bullish signal.

Now that XRP has broken the downtrend, Rietveld noted that it is testing $1.12, and traders are watching whether the latest breakout can extend.

The Bullish Shift

The chart shared by Rietveld shows XRP breaking above a descending trendline that had capped price action since a sharp rally peaked near $1.29 in mid-June. The breakout emerged after several sessions of consolidation around $1.04 to $1.06, where buyers repeatedly stepped in.

The latest move took XRP above the trendline before pushing toward $1.10. The chart also highlights horizontal levels around $1.06, $1.09, and $1.12, with the asset now challenging resistance near the upper end of that range.

Rietveld wrote, “If $1.10–$1.09 holds, the next targets are $1.18 and $1.29.” Those levels align with previous areas where sellers became active after the decline in early June. A sustained hold above the breakout zone would keep attention on those resistance targets.

XRP Starts July With Renewed Strength

XRP entered July with renewed buying after ending June under pressure. The token climbed back above $1.10 as traders responded to improving momentum and a breakout on the 4-hour chart. Price action also brought XRP closer to resistance that technical analysts have monitored in recent sessions.

Rietveld has been tracking this trendline, and the recovery has strengthened market sentiment. Market participants are now watching whether support between $1.09 and $1.10 remains intact through the opening days of the month.

Key Levels To Watch Next

The breakout changes the short-term technical picture by ending the series of lower highs that defined the previous decline. Buyers have also reclaimed territory above the descending trendline, where traders monitor for confirmation if the asset’s price revisits it.

The immediate focus remains on the $1.09 and $1.10 support. Holding that zone would keep attention on Rietveld’s projected targets of $1.18, followed by $1.29. The second level also matches the high shown on the chart before XRP entered its pullback. Rietveld said momentum is building and he expects the next breakout to be huge.

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