XRP News: XRP Price Consolidates for 200 Days: Analysts Predict $3.70 to $10 Breakout — or Drop to $1.33
AI Summary
Key Takeaways:
XRP has traded within a $1.90–$2.90 range for nearly 200 days, forming a symmetrical triangle on higher timeframes.
Technical analysts cite fractals from XRP’s 2017 rally that suggest a potential breakout to $3.70–$10 or even $25.
A bearish “inverse cup-and-handle” pattern could invalidate the bullish setup and drag XRP to $1.33.
XRP Trapped in 200-Day Sideways Channel — Breakout or Breakdown?
XRP has entered its 200th day of consolidation within a broad $1.90 to $2.90 price range, with little directional bias as bulls and bears remain evenly matched. The move follows XRP’s parabolic rally in November 2024, when the token surged nearly 500%, setting off a prolonged period of sideways trading.
Despite repeated attempts, XRP/USD has failed to decisively breach either the upper or lower bounds of this range. The ongoing tight consolidation reflects market indecision, but analysts say the chart structure could soon resolve — and potentially trigger a significant move.
Bullish Fractals Hint at $3.70 to $10 Breakout
Analysts see similarities between XRP’s current setup and its historic 2017 bull run, which took the token from under $0.30 to over $3.00 in a matter of months.
Crypto analyst Mikybull Crypto noted that XRP’s present structure — a symmetrical triangle on the three-week chart — mirrors the pre-rally setup from 2017. If the pattern repeats, XRP could see an “epic breakout” toward $3.70 or higher, marking a 75% gain from current levels around $2.14.
path into Q3 2025,