๐ซ๐ฅ๐ฃ ๐ฆ๐ฒ๐ ๐ณ๐ผ๐ฟ ๐ ๐ฎ๐ท๐ผ๐ฟ ๐๐ฟ๐ฒ๐ฎ๐ธ๐ผ๐๐ ๐๐ฒ๐๐๐ฒ๐ฒ๐ป ๐๐๐น๐ ๐ฎ๐ป๐ฑ ๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ โ ๐๐ป๐ฎ๐น๐๐๐ ๐ฆ๐ฒ๐ฒ๐ $๐ดโ$๐ฎ๐ณ ๐ง๐ฎ๐ฟ๐ด๐ฒ๐
After months of sideways action between $2.00โ$2.40, analysts say XRP may be just weeks away from a massive breakout.
Hereโs whatโs happeningโand what traders need to watch next. ๐
๐น Symmetrical Triangle Nearing End
Top analyst Egrag Crypto highlights a monthly symmetrical triangle pattern thatโs now 334 days old.
These types of setups often resolve between 75%โ95% of their durationโmeaning a breakout is likely between early July and mid-September 2025.
๐ This triangle marks a critical phase in XRPโs structureโand breaking out of it could lead to a macro move.
๐น Targets: $8, $14, Even $27?
Egrag sets a target range of $8โ$27 using Fibonacci extensions
Other analysts like Mikybull Crypto compare the setup to XRPโs 2017 rally, projecting a jump to $14+
DustyBC calls XRP under $2 โincredibly cheap,โ urging traders to โbookmark this postโ
๐น What Needs to Happen First?
โ XRP must break and flip $2.40 into support โ a key resistance zone also marked by the 200-day SMA
โ Clearing $2.25 and $2.69, which are macro retracement levels, would confirm a true trend reversal
๐ป If XRP fails to break out, the range could continue or lead to a pullback toward $1.91 or even $1.18, according to bearish invalidation levels.
๐ Current Price Action Recap:
XRP recently bounced 15% from $1.91 to $2.21
The 100-day SMA at $2.22 is first resistance
Next critical zone is $2.40 โ breakout confirmation needed here
๐จ Conclusion: Stay Alert Between July and September
This is a high-probability breakout zone for XRP, and if the macro structure holds, it could be the biggest XRP move in years. But confirmation is keyโwatch the breakout levels carefully.