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XRP Price Prediction: Multiple Indicators Signal Incoming Bull Run
XRP has entered a critical juncture on the three-day chart, with trading activity forming a symmetrical triangle that has held since mid-January. The pattern, defined by downward-sloping resistance and upward-sloping support, is now compressing toward an apex.
According to crypto analyst Steph Is Crypto (@Steph_iscrypto), who reviewed the setup in a recent video, this structure may soon resolve with significant price action.
Current market data shows XRP trading near $2.27, with volume at notably low levels across the crypto sector. Historically, subdued volume often precedes large moves, and Steph emphasized that this behavior is similar to conditions observed before the November 2024 breakout, when XRP jumped from around $0.5 to a multi-year peak of $3.39.
Additionally, he noted that XRP’s Bollinger Bands are at their tightest since November, drawing attention to a key indicator of looming volatility.
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Breakout Target Set at $5
To validate a breakout, Steph indicated a daily close above $2.33 is essential. If confirmed, he sees the $5 level as the first major price target, estimating a 120% potential gain from current levels. He did caution, however, that $5 could act as “massive resistance” and intends to take partial profits if that level is reached.
Steph also reiterated the importance of risk management, stating, “Keep the leverage low to avoid liquidation.” He described the current setup as offering a strong risk-to-reward profile, with limited downside in the short term.
Historic Parallels with 2017 Rally
Multiple charts in the video compare XRP’s 2025 price structure to the 2017 rally. On both the 4-day and monthly time frames, XRP exhibited a long consolidation period of 210 days before its previous breakout. The current consolidation aligns closely with that timeframe, adding weight to the argument that a new rally could be imminent.
The monthly chart also highlights a completed double bottom pattern, with price now holding above the 2017 closing highs. Steph called this “one of the most bullish charts in crypto.”
Additional Bullish Indicators
Short-term analysis of liquidation data suggests significant liquidity exists above $2.35, primarily from short positions. In Steph’s view, this increases the likelihood of a short squeeze, driving prices higher.
He also pointed out that while the U.S. stock market has entered extreme greed, the crypto market is lagging slightly behind. If crypto sentiment follows the stock market, increased bullish momentum may be just ahead.
Steph’s technical breakdown shows a potentially pivotal moment for XRP, with multiple indicators aligning for a breakout scenario. He reaffirmed his bullish outlook, stating that any short-term pullbacks would be a huge buying opportunity.
Disclaimer*: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.*