If XRP Breaks This Line Before End of May, It Could Kick Off Next Bull Run

Crypto analyst and developer Bird has predicted a decisive move in XRP’s price, stating that the digital asset could break its prolonged downtrend before the end of May. His outlook, supported by a detailed chart, presents a clear technical scenario pointing toward the start of a new bullish phase.

In his post on X, Bird stated, “XRP should break this downtrend before the end of May and kick off its next bull run.” The projection highlights growing optimism among market observers as XRP consolidates near a critical resistance level.

Downtrend Nearing a Critical Break

The attached daily chart from Binance shows XRP trading around $1.32 while respecting a descending trendline that has persisted since its previous peak. This resistance line connects a series of lower highs, confirming a sustained downtrend over several months. Each rejection reinforced bearish pressure, but the narrowing price structure now signals a potential breakout.

Recent candlesticks indicate tightening consolidation just beneath the trendline. This pattern often precedes a decisive move, as buyers gradually absorb selling pressure. The proximity to resistance suggests that XRP stands at a technical turning point. A confirmed breakout above this descending line would invalidate the prevailing trend and establish a bullish reversal.

The chart also shows stability around current price levels. XRP continues to hold support above $1.3, forming a base that strengthens the case for upward momentum. Sustained buying interest at this level increases the likelihood of a breakout in the coming weeks, and Bird’s chart suggests that the asset could reach new heights.

Bullish Targets and Market Outlook

Bird’s chart includes a projected price trajectory that extends sharply higher following a breakout. The visual forecast shows XRP accelerating toward the $3-$3.5 range. This target aligns with historical resistance zones and signals the potential for strong market expansion once bullish momentum takes hold.

If XRP can follow this vertical trajectory, it could surpass its all-time high of $3.65 and hit new levels. The time marker highlights May 31, 2026, as a key point for the anticipated move.

This timeline reinforces Bird’s expectation that XRP will break the downtrend before the end of May. If confirmed, the breakout could mark the beginning of a sustained rally supported by renewed investor confidence and technical strength.

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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