Here’s When The XRP Breakout Will Happen

Key Insights:

• XRP has been holding within a tight range ($2.00-$2.40) for three months.
• Analysts are predicting a breakout between July and September of this year.
• Fibonacci extension levels show aggressive price targets for XRP between $8 to $27.

XRP has been trading within a thin range for the past three months. This sluggish price movement has left investors speculating about when the next big move will come.

However, analysts are now pointing towards a breakout between July and September of this year, with price targets that go far beyond the current levels. Here’s why XRP could be on the verge of something big.

XRP Stuck in a Tight Range, but Not for Long

For the last 90 days, XRP has been locked in a sideways pattern. The cryptocurrency has bounced between $2.00 and $2.40, failing to break resistance after hitting a multi-year high of $3.40 in January.

This has frustrated bulls and given the bears hope. However, analysts still believe that this consolidation period is nearing its end. 

According to insights from popular crypto analyst Egrag Crypto, XRP’s price action has formed a symmetrical triangle on the monthly chart. Historically, this pattern tends to come before major breakouts, and resolve between 75% and 95% of their formation’s total duration. 

Considering the facts above, and how XRP has spent the last 334 days consolidating within this triangle, the breakout could occur between early July (251 days) and mid-September (317 days).

“This indicates that the breakout could occur anytime between early July and mid-September 2025,” Egrag Crypto said. “So stay alert!”

Fibonacci Targets Suggest $8 to $27

This isn’t all, though. According to Egrag’s analysis, Fibonacci extension levels predict price targets to be anywhere between $8 to as high as $27 if it breaks out of the triangle. 

While these targets seem overly optimistic right now, they are similar to predictions from other analysts.

For example, crypto YouTuber DustyBC called XRP “incredibly cheap” under $2. He also urged followers to reconsider their investment decisions six months from now.

Another analyst, Mikybull Crypto compared XRP’s current setup to the 2017 bull run. He even predicted a price target of $14 if a breakout from the triangle structure plays out.

XRP Resistance at $2.40 Must Be Reclaimed

While the long-term future of XRP looks promising at this point, XRP must first overcome some of its biggest technical barriers. 

For example, the most important resistance for the cryptocurrency sits between $2.22 and $2.40, both of which are levels that correspond to the 100-day and 200-day simple moving averages respectively.

On Tuesday, the cryptocurrency rallied by around 15% from a local low of $1.91 to a high of $2.21 in a show of renewed buying interest. However, analysts continue to warn that unless the price does close above $2.40 and turns it into support, any rally is unlikely to last.

Whale Activity Shows Increasing Confidence

Whale accumulation has also shot up so far. For example, the past week has seen addresses holding between 10 million and 100 million XRP add more than 420 million tokens.

All of these were worth over $915 million at the time of the purchase, and the buying spree shows that the large investors are confident in the future of XRP.

Whale activity is an especially reliable indicator of price action, considering how these investors tend to buy during times of low momentum. They do this because they expect a reversal soon, and their confidence could be a strong signal to the rest of the market at times.

What Happens If Support Fails?

As of now, XRP is trading around $2.18 after gaining 8.4% in the past 48 hours. Analysts are now watching the $2.23 resistance level and if XRP breaks through to flip  $2.27 into support, the next target would be $2.32 and possibly $3.00 or beyond.

However, the bullish setup could quickly turn to ash if XRP fails to hold its most important support levels.

For example, a drop below $2.13 could open the door to further losses. Worse still, if the price falls to $2.02, it would invalidate the current bullish outlook and lead to a massive trend reversal.