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Bullish
š„ XRPās Most Intense Bull Run Could Be the One That Breaks It All Open
XRP, Bitcoin's smaller cousin, has received optimistic wagers after holding over $3 in July. Trading records and public comments show that the token reached $3 in January 2025, its greatest level in seven years, then retreated down before recovering it in mid-July.
Some experts see the rebound as a market structure shift, and pricing is at $3.12 as momentum checks persist.
Breakthroughs and Support Flip
A breakthrough over a long-term falling trendline on the weekly XRP chart is what important, says analyst Steph.
The switch of $3 from resistance to support is a classic technical indication, says Steph. He utilized weekly charts to show that breakouts from comparable trendlines typically led to large rallies, tracing the pattern back to 2022 when price action started to alter.
Reports show the same arrangement across cycles. After the Terra crash in May 2022, XRP plummeted and formed a declining trendline that broke in September 2022, reaching $0.55.
Later, a new trendline broke around the July 2023 SEC vs. Ripple verdict, causing a move around $0.94.
After a breakthrough after the November 2024 US elections, XRP reached $3.4 in January 2025. The ārepeat patternā argument hinges on those instances.
Steph predicts a 340% increase to $14 from $3. Some traders who sold early took gains, while others who stayed might earn higher returns if the thesis holds.
Reports suggest that some analysts predicted a huge breakthrough for XRP when it traded at $2 and pointed to Fibonacci levels toward $14, while others set a $14 minimum objective in March.
Volume on any push over recent highs will reveal. Track if $3 maintains as support and the weekly breakthrough holds as price rises.
Watch how long consolidation around $2 lastedāmore than five monthsābecause protracted flat bases may precede rapid swings if buyers return. Also important are derivatives flows and where substantial holders put sell orders.
#xrp #Xrpš„š„ #Bullrun #CryptoIntegration #MarketTurbulence $XRP $BTC $ETH
XRP, Bitcoin's smaller cousin, has received optimistic wagers after holding over $3 in July. Trading records and public comments show that the token reached $3 in January 2025, its greatest level in seven years, then retreated down before recovering it in mid-July.
Some experts see the rebound as a market structure shift, and pricing is at $3.12 as momentum checks persist.
Breakthroughs and Support Flip
A breakthrough over a long-term falling trendline on the weekly XRP chart is what important, says analyst Steph.
The switch of $3 from resistance to support is a classic technical indication, says Steph. He utilized weekly charts to show that breakouts from comparable trendlines typically led to large rallies, tracing the pattern back to 2022 when price action started to alter.
Reports show the same arrangement across cycles. After the Terra crash in May 2022, XRP plummeted and formed a declining trendline that broke in September 2022, reaching $0.55.
Later, a new trendline broke around the July 2023 SEC vs. Ripple verdict, causing a move around $0.94.
After a breakthrough after the November 2024 US elections, XRP reached $3.4 in January 2025. The ārepeat patternā argument hinges on those instances.
Steph predicts a 340% increase to $14 from $3. Some traders who sold early took gains, while others who stayed might earn higher returns if the thesis holds.
Reports suggest that some analysts predicted a huge breakthrough for XRP when it traded at $2 and pointed to Fibonacci levels toward $14, while others set a $14 minimum objective in March.
Volume on any push over recent highs will reveal. Track if $3 maintains as support and the weekly breakthrough holds as price rises.
Watch how long consolidation around $2 lastedāmore than five monthsābecause protracted flat bases may precede rapid swings if buyers return. Also important are derivatives flows and where substantial holders put sell orders.
#xrp #Xrpš„š„ #Bullrun #CryptoIntegration #MarketTurbulence $XRP $BTC $ETH
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