XRP enters critical accumulation phase as technical patterns suggest massive upward momentum building.
Market analysts identify textbook consolidation formation—typically preceding parabolic moves in crypto assets.
Traders positioning for potential 10x surge from current levels, targeting the $27 price threshold.
Volume indicators show smart money accumulating while retail investors remain distracted by newer tokens.
Because nothing says 'sound investment' like watching digital tokens consolidate for months before potentially—maybe—making a move that traditional finance would call speculative gambling.

XRP 2W Chart | EGRAG Crypto
However, after the breakout, XRP soared to a peak of $3.4 in January 2025 before retracing and consolidating at lower levels. Despite the recent recovery to $3.66 in July, EGRAG's analysis suggests XRP still remains in the consolidation region, especially on the back of the latest price drawdown.
Consolidation Before the Next Big Move
Nonetheless, he believes this is merely the "consolidation before the next big move." Data from EGRAG's chart shows that if XRP successfully breaks free from this consolidation, a massive uptrend could ensue. Interestingly, this uptrend would eye bullish targets aligning with the other trendlines at the upper end of the chart.
Specifically, the first trendline, which rests along the previous peak of $3.6, would mark the breakout above the consolidation phase. From here, XRP's next target would be the $7 price, representing a new all-time high and a 157% increase from the current position.
Notably, EGRAG presented two more targets from the $7 mark, with the ultimate one resting on $27. Just a week ago, the analyst
Leveraged Fibonacci extension levels to predict an XRP rally to the same $27 region, dismissing projections that the top for this cycle could come in at just around $4.
Meanwhile, analyst CryptoInsightUK recently noted that XRP's pairing with Bitcoin has pulled back to a critical support zone on the 4-hour chart. According to him, this level was previously resistance, and it is now being retested as support while the RSI shows oversold conditions.

XRP Against
Bitcoin | CryptoInsightUK
He suggested that although this is not a guaranteed bottom, this setup has often led to strong rebounds in the past. The analyst noted that he sees a solid case for a potential bottom forming for XRP, especially when combined with the liquidity situation against the dollar.