Will XRP repeat its 70% rally? Price nears classic fractal breakout
XRP is repeating technical patterns from its early 2025 rally, pointing to a potential rally toward the $3.75-$4.00 range.
Key takeaways:
* XRP is mirroring a bullish fractal that led to a 70% rally earlier this year.
* Price eyes a 20% breakout from a falling wedge, targeting $3.75 in August.
* XRPL growth and stablecoin activity bolster the case for a move toward $4.
Key takeaways:
* XRP is mirroring a bullish fractal that led to a 70% rally earlier this year.
* Price eyes a 20% breakout from a falling wedge, targeting $3.75 in August.
* XRPL growth and stablecoin activity bolster the case for a move toward $4.
XRP’s (XRP $3.07) latest price action is echoing a bullish fractal from earlier this year, raising the prospect of a strong upside continuation in August.
XRP falling wedge hints at 20% rally in August
Between December and January, XRP consolidated inside a falling wedge pattern while holding firm above its 50-day exponential moving average (50-day EMA; the red wave). The pattern resolved with a breakout to the upside in early January, reclaiming the 20-day EMA (the purple wave) as support and fueling a 70% price surge—from around $2 to above $3.39—within weeks.
