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Sujit Kumar
Mar 7, 2025
by Sujit Kumar

XRP Breaks 4-Hour Resistance, Eyes $3.40 and Beyond

XRP Breaks Resistance

Table of contents

  1. XRP vs. Ethereum and Whale Activity
XRP has recently broken through its 4-hour resistance level, marking a significant bullish signal. Currently trading at $2.61, the token is up 6.49% over the last 24 hours and 15.51% over the past week. According to crypto analyst Dark Defender, XRP must surpass $3.3999 to sustain its upward momentum, with a potential target of $5.85.

Technical Indicators Point to Upward Momentum

Technical analysis shows that XRP’s recent breakout is backed by a favorable Relative Strength Index (RSI) Golden Cross, which indicates growing buying pressure. Moreover, XRP appears to be following an Elliott Wave structure consistent with a Wave 3 impulse, suggesting that the current rally could propel it to new highs if resistance is overcome. Key support is seen at $2.22, while resistance remains at the crucial $3.3999 level. Should the bullish trend continue, it may pave the way for rapid price spikes and higher valuation levels.

XRP vs. Ethereum and Whale Activity

Dark Defender also highlights that XRP is gaining strength relative to Ethereum, with the XRP/ETH monthly chart hinting at a long-term breakout after a multi-year downtrend. Additionally, whale activity appears robust, as large institutional investors are closely monitoring XRP's performance. However, if transaction volume fails to keep pace with rising prices, profit-taking could induce a short-term correction.

As XRP continues its breakout, traders are keeping a close watch on whether it can maintain support above $2.5 and ultimately clear resistance at $3.40. A sustained rally could significantly boost XRP’s market position and further enhance its role as a key digital asset.

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XRP Breaks Resistance
XRP Breaks 4-Hour Resistance, Eyes $3.40 and Beyond
Sujit Kumar
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

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