XRP has completed 7 monthly candles of consolidation, echoing a similar pre-breakout phase observed in 2017.
Technical indicators indicate that there is a possibility of a breakout to the 12-27 range by the middle of 2025 assuming repeat of historical arc trends.
The price has found support at 2.12 and resistance at 2.18 near short-term resistance before any trend confirmation.
XRP is holding strong as it trades above a key support level of $2.12, continuing its bullish trend after a prolonged consolidation. Priced at approximately $2.15—0.6% up in the past 24 hours—the token is drawing attention for its familiar price movement.
Market analysts are noting strong parallels to XRP’s historic moves, particularly the 2017 rally. Back then, a similar setup preceded a massive price surge, and with the current structure echoing that pattern, traders are starting to watch closely for signs that another breakout could be in the works.
XRP Arc Pattern Points to Imminent Breakout Potential
According to XRP's monthly chart by EgragCrypto, it highlights a repeating arc pattern—commonly referred to as RGB Arcs —that has played a role in previous cycles. The current consolidation period has extended over seven monthly candles, surpassing the six-candle range observed in the 2017 breakout phase.
This has led to speculation that the asset could be nearing what some traders are calling the “Kaboom Phase,” where historical patterns suggest the potential for an aggressive price move—either upward or downward.
Technical Setup Aligns with Historical Trends
The triangular formation above the red support curve line is of particular interest. The formation has consistently served as a springboard in previous cycles, notably before the 2018 high. If the pattern continues, XRP is at or close to a turning point where the breakout will occur.
The upside targets of the projection according to the arc analysis are $12.00 to $27.00 by mid-2025. These levels map onto the upper part of the blue arc, a region which has previously acted as long-term resistance under conditions of maximum market.
XRP Nears Inflection Point Amid Rising Volatility Risks
As the bullish formation is in effect, analysts are remaining neutral, noting that market volatility is still the top risk. Even with prior trends suggesting large-scale movement as a possibility, external market factors—like macroeconomic trends and overall crypto sentiment—will drive the direction.
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