XRP News Today: XRP Dominance Breaks Key Trendline as Chart Signals 5% Rebound

Fresh Breakout on XRP Dominance Chart Points to Possible Multi-Digit Climb
XRP News Today_ XRP Dominance Breaks Key Trendline as Chart Signals 5 Rebound.jpg
Written By:
Yusuf Islam
Reviewed By:
Shovan Roy
Published on

XRP dominance is pushing through its long downtrend after a clear trendline and moving average breakout, raising questions about whether a new 5% rally zone may form if buyers maintain pressure. The move appears after several months of decline, and it follows the same breakout pattern seen during the July surge.

Trend Break Signals Structural Shift

The chart shows XRP dominance declining from July until the new breakout occurred near the 4.1% region. A descending trendline guided the entire drop. The pattern changed after the latest candle pushed above both the trendline and the 50-day moving average.

Previously, XRP dominance broke a similar trendline and the 50 MA in early July. That earlier move produced a swift climb from around 3.8% to nearly 5.4%. The current structure mirrors that pattern, suggesting the market is tracking the same breakout rhythm.

Trend Break Signals

Analyst CryptoWzrd noted that XRP dominance is “putting up a fight” while attempting to escape its downtrend. The analyst highlighted that bulls must “step it up to avoid a fakeout,” as previous rallies formed only after sustained follow-through from buyers.

MA Breakout Creates Upside Room

The chart places strong focus on the 50-day moving average. XRP dominance traded below this line throughout most of the July-November downtrend. Each attempt to reclaim it failed until the latest breakout candle closed above both the trendline and the MA.

This setup mirrors the July structure. In that earlier pattern, XRP dominance held above the 50 MA for several sessions. That provided enough support for a vertical push that added more than 1.6 percentage points.

The present candle shows dominance moving around 4.17%, with a projected arrow pointing toward the 5.2% to 5.4% region. This zone matches the prior rally’s peak and represents the next logical target if structure holds.

Market observers note that these levels matter because XRP dominance tends to react sharply once the trendline breaks. The last breakout sparked multi-week momentum. Still, a sustained retest remains necessary because early breakouts often fade without enough volume.

Analyst Notes Rising Pressure

CryptoWzrd described the downtrend as “trying to break” and stated that bulls still have work to do. The warning aligns with the chart’s breakout position. Dominance sits slightly above the trendline, creating a narrow support window.

Analyst Notes Rising Pressure

The image also shows two marked arrows. One highlights the July surge after the first breakout. The other illustrates the potential move ahead, pointing toward the 5.4% region. These arrows reflect possible outcomes if XRP buyers maintain their control.

The trendline angle and MA alignment signal a turning point. Yet a single candle is not enough to confirm longer-term strength. The question is whether XRP dominance can stay above these levels long enough to recreate its July pattern.

Conclusion

XRP dominance now trades above its downtrend and the 50 MA after months of decline. The chart mirrors July’s rally setup, signaling room toward the 5% region if bulls maintain control. Traders should watch follow-through closely as momentum attempts to form.

Read More: Canary Set to Launch the First US XRP Spot ETF This Week

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