# XRP Breaks Free from Downtrend Channel – Here's What's Next XRP just flipped a key technical setup. After weeks of consolidation inside a descending channel, the asset has now broken above the upper boundary, signaling potential momentum ahead. **The Setup That Just Played Out** Analyst Egrag Crypto confirmed XRP's breakout matches the four-hour prediction he posted earlier. The price action is textbook—ascending triangle formation, clean break above resistance at 3.03000, and the 21-period EMA now acting as dynamic support underneath recent candles. **Key Levels to Watch** Upside targets: - Immediate resistance: 3.03000 (already broken) - Next target: 3.12122 Downside support: - First floor: 2.99053 (if breakout fizzles) - Fallback zone: 2.85500 **What This Means** The breakout is only valid if XRP holds above 3.03000. If it does, 3.12122 becomes the next logical target as buyers push higher. Drop below 2.99053 and the bullish narrative shifts—traders would likely pivot to watching the 2.85500 support zone. The 21 EMA is the swing level to monitor; losing it suggests the move is losing steam. This isn't a trade signal, just the technical picture as it stands. The breakout happened, now it's execution phase.

Remember when Trump admin said they would buy up XRP SOL BTC & ETH Then never mentioned it again LMAO