XRP is staging a major comeback. After years of sideways action, the token has finally broken out — and not just figuratively. Its price surged to $2.46 following a confirmed breakout from a long-term symmetrical triangle pattern that had been forming since 2018.
📈 Technical Explosion: Breakout After Six Years
For years, XRP had been struggling with strong resistance around the $0.75–$0.80 zone. That level has finally given way, triggering a wave of bullish momentum.
Analysts estimate that the height of the triangle was about $3, suggesting a potential price target of $13–$15 based on standard breakout projections.
“This breakout is technically clean and supported by volume,” said Ali Chart on X.
🌊 Elliott Waves Signal More Upside
According to Elliott Wave Theory, XRP appears to be in the fifth wave of a bullish sequence. As long as the price holds above $2.25, the bullish trend could extend further. A drop below this level might signal the start of a correction.
Analyst MoreCryptoOnline noted that although the market is “technically mature,” there is no clear reversal signal yet. A confirmed breakout above $2.50 could open the path toward $3 or even higher.
🌍 Geopolitical Factors Fuel Investor Optimism
Global events are also adding fuel to the fire. Recent trade talks between the U.S. and China in Geneva hinted at possible easing of the trade war. Despite Donald Trump’s remarks like “An 80% tariff on China sounds about right!”, investors remain hopeful for a constructive resolution.
According to Goldman Sachs, current tariffs could push U.S. inflation to 4% by year-end. Easing tensions could boost investor appetite for risk, benefiting cryptocurrencies like XRP.
🔥 Market Sentiment Hits “Extreme Greed”
The XRP-specific Fear & Greed Index has surged to 78, marking extreme greed. Just a week ago, it stood at 49 — a sharp shift reflecting increased confidence among traders.
Trading volumes are climbing, and market sentiment is clearly tilting bullish.
Fueling this optimism are reports that Ripple has signed over 1,700 NDAs with financial institutions, suggesting that serious tokenization plans are in motion.
🧠 Key Levels and Outlook
🔹 Support: $2.25
🔹 Resistance: $2.50
🔹 Target Zones (if bullish trend holds): $3, or $13–$15 (based on technical projection)
XRP currently has the wind at its back. If bulls can hold the line above $2.50 and the overall market remains supportive, a push toward $3 and beyond may not be just a dream — it might become the next reality.
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