$XRP XRP Officially Breaks Out of Accumulation Zone – Is the Biggest Bull Run in History About to Start?
XRP is entering a new phase of strong price discovery following the significant breakout that analysts believe may mark the beginning of the next major bull run. According to crypto chart analyst Steph Is Crypto, XRP has officially exited the prolonged accumulation zone. This development, supported by a solid market structure and historical precedent, signals that the next bullish rally may have already begun.
Weekly Chart Shows Structural Breakout
A chart shared by Steph Is Crypto shows that XRP has been consolidating in a clear horizontal range from $1.90 to $3.00 since late 2024. After a vertical price surge that took XRP from below $0.60 to above $2.00 in just a few weeks, the asset entered a multi-month accumulation zone, tightly oscillating between support and resistance levels.
A notable "false breakout" above $3.00 earlier this year briefly hinted at further upside, but prices quickly reverted, indicating the breakout was premature.
That has now changed. The current weekly candle not only broke the $3.00 resistance level but also closed firmly above it, confirming the strength of the breakout. This development reflects the previous pattern from mid-2024 when XRP consolidated in a narrow range before surging. This repeating structure further reinforces the belief that history is repeating itself, and a new bullish wave is forming.
The moment XRP broke out coincides with more favorable macro factors for the cryptocurrency market. Recent regulatory clarity from U.S. lawmakers, particularly the passage of crypto-friendly legislation like the GENIUS Act, has helped bolster investor confidence. XRP, which has long been the focal point of regulatory debates, is now benefiting from a more favorable policy environment. This shift has led to increased institutional interest, further supporting the price growth.
