Analyst Says XRP Is Setting Up for Another Attack On This Critical Resistance

Crypto analyst Diana (@InvestWithD) believes XRP is preparing for another test of the $1.30 resistance zone. Technical indicators continue to improve following XRP’s recent recovery, and it is approaching a key level that could determine the next move.

Diana noted that the chart is beginning to favor bullish momentum. Her analysis comes as XRP trades above key support levels after rebounding from recent weakness and rebuilding some upward momentum.

Technical Indicators Continue to Improve

The chart shared by Diana shows XRP trading around $1.22 while following an ascending trendline that has supported the latest recovery. XRP experienced a notable decline in early June, but recently surged from the lower support area before entering a period of consolidation beneath resistance.

One of the most notable developments on the chart is the Ichimoku Cloud turning green. Diana described this as a signal that a short-term trend shift may be underway. A green cloud often reflects an improving market structure and growing strength among buyers.

Additional Bullish Signals

The chart also shows XRP holding above several moving averages and continues to slope upward. This alignment supports the current recovery and suggests buyers remain active despite recent consolidation.

At the same time, Diana noted that the oscillator is “RECOVERING from its recent dip.” That recovery suggests momentum is improving as XRP advances to a major resistance level. Rising momentum often increases the probability of another challenge of overhead resistance.

$1.30 Remains the Key Level

The most important area on the chart sits between approximately $1.29 and $1.30. XRP has approached this zone before, making it a significant barrier for bulls to overcome. Diana stated that “a decisive close above $1.30” could confirm a breakout.

Her chart identifies a purple target zone above resistance, indicating room for further upside if buyers successfully push through the barrier. The ascending trendline currently projects continued movement toward that resistance level upward. As long as XRP remains above trend support, traders will likely continue to watch for another challenge of $1.30.

Anticipating Higher Targets

If XRP can secure a confirmed breakout, Diana identified several potential upside objectives. The first target range sits between $1.34 and $1.36, just above the current resistance zone. Beyond that area, her chart highlights $1.47 as the next major target. A continued advance could then open a path toward $1.65, which other analysts have identified as crucial support for a bigger upward move.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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