XRP Price Primed for a Monster Rally? This Critical Pattern Could Unleash the Bulls

XRP's chart is whispering something big—and traders are leaning in. A technical formation brewing beneath the surface hints at explosive upside potential, but will it deliver? Here’s what the smart money is watching.

The Setup: A Pattern With Teeth

Symmetrical triangles, descending wedges—yawn. This isn’t your grandma’s textbook chart. The current XRP consolidation has the hallmarks of a coiled spring, with volume drying up just enough to fuel the eventual breakout.

Liquidity Hunters Circling

Whales love nothing more than a good stop-hunt, and XRP’s tight range is practically screaming for a volatility spike. When it comes, the move could be violent—especially with Ripple’s legal overhang finally lifting (mostly).

The Cynic’s Corner

Of course, if this were a stock, SEC chair Gary Gensler would’ve already sued the chart pattern for being ‘too predictable.’ But in crypto’s wild west, technicals still rule—until they don’t.

Bottom Line: Either XRP breaks north with purpose, or we’re in for another soul-crushing fakeout. Place your bets.

XRP Price Poised For Further Gains

Analyst Ali Martinez has been following the XRP price performance. As seen on the chart below, the cryptocurrency is close to completing an inverse head and shoulders pattern.

If the cryptocurrency successfully completes this pattern, the analyst believes that it can achieve a breakout to the $2.6 area. In that sense, traders should closely monitor any bullish price action close to the $2.35 area, and an hourly close above this level as potential confirmation.

Last week, Martinez pointed at a similar breakout as the XRP price trended around the $2.2 level. However, at that time, the cryptocurrency failed to achieve the $2.35 breakout and continued trading in a tight channel between this level and $2.13.

A separate analyst believes that XRP is close to a rally and placed the target above Martinez’s claiming that the cryptocurrency could hit $2.69 on short timeframes. For this analyst, a breakout above $2.4 holds the key to future gains. The analyst stated:

$XRP strength is telling. Something is brewing

The XRP price positive performance could be attributed to the massive inflow of capital coming into its ecosystem. A report from CoinShares claims that the total Asset under Management for cryptocurrencies hit a high of $188 billion, and $1 billion just over the past week.

XRP has seen $335 million in year-to-date inflows, and a $10.6 million inflow over the past week. Several analysts believe these inflows represent bullish expectations for the cryptocurrency as Ripple is close to securing a banking license from the US Office of the Comptroller of the Currency.

If the company can secure this permit, the XRP Ledger ecosystem is bound to see massive levels of adoption of more users, especially from the US, turned to its native stablecoin RLUSD.

Cover image from ChatGPT, chart from Ali Martinez, CoinShares; XRPUSD chart from Tradingview