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XRP's price is about to make a big decision, and one of crypto's most followed traders just put it at the forefront. DonAlt, who is known for his high-time-frame plays, shared a chart on Tuesday with a question that a lot of people have been asking: is this the breakout, or is it just more waiting?
The author points out that XRP trading is happening just below a major resistance zone around $2.72. This is the same level it has hit several times over the past few months without breaking through.
Price action has been stuck in a broad sideways range, but with each attempt, the pressure is building. DonAlt's chart shows that the structure has not changed much, but it looks like the clock is ticking.
The setup is simple: support at around $2, resistance at $2.72, and a grind upward inside that range. The timing is important. If a breakout does not happen soon, momentum might fade, and the cycle might stretch into late summer.
A bunch of failed breakouts and deeper wicks occurred, but with higher lows. XRP is not flying yet, but it is tightening near a key level — and DonAlt's attention tends to follow setups he finds actionable. Whether that breakout comes this week or next month, traders who have been sidelined until now are showing interest.
The message is clear — this range will not last forever. Moves like this tend to come with little warning, and sitting idle too long can mean missing the window altogether.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team