XRP is consolidating near key resistance levels, with analysts increasingly pointing to an imminent breakout that could push the token into double-digit territory.
As of now, XRP is trading at $2.19, showing a 14.6% recovery from its recent local low of $1.91. Market watchers are focusing on a technical formation in the monthly chart—specifically, a symmetrical triangle that’s been forming over 334 days.
Source: CoinMarketCap
Analysts say the token could break out anytime between July and mid-September 2025, making this summer critical for XRP’s next major move.
Chart pattern points to $8-$27 breakout target
Crypto analyst Egrag Crypto has been closely tracking the symmetrical triangle formation, stating that such setups typically resolve between 75% and 95% of the pattern’s full duration.
In XRP’s case, that window spans between 251 and 317 days since the triangle’s beginning—placing the potential breakout between early July and mid-September 2025.
The analyst highlighted Fibonacci extension levels on the monthly chart, which suggest price targets between $8.00 and $27.00 post-breakout.
According to the chart shared by Egrag on June 24, if XRP confirms the breakout, its upward trajectory could be similar to historical moves seen in previous cycles.
Other market observers, including Mikybull Crypto, echoed similar views. He compared XRP’s current setup to the 2017 bull run and forecasted a price of $14 following the breakout.
YouTuber DustyBC Crypto also weighed in, asserting that “XRP under $2 is incredibly cheap,” and hinted that the token could be significantly higher six months from now.
Resistance zones between $2.22 and $2.40 in focus
While technical formations support a bullish outlook, the XRPUSD pair must still overcome immediate resistance levels before making a decisive move higher.
Currently, traders are watching the 100-day and 200-day simple moving averages at $2.22 and $2.40 respectively. A close above these levels would confirm bullish continuation and set the stage for a retest of the psychological barrier at $3.00.
A breakout above $2.22 would also invalidate a bearish structure that threatens a retracement to $1.18.
Popular XRP analyst CasiTrades noted that the next targets for confirmation include $2.25—coinciding with the .382 Fibonacci macro retracement—and $2.69, marking the .236 level.
The analyst added that breaching these macro levels would indicate a broader trend reversal rather than a localised price spike. In other words, the move would signal structural strength returning to the XRP chart.
Consolidation period may be ending
With XRP trading in a narrowing range for nearly a year, analysts agree that the consolidation phase is nearing its conclusion. Although volatility remains subdued compared to other major altcoins, the technical setup is maturing rapidly.
As of now, XRP has been inside the symmetrical triangle for 334 days. If the historical average plays out, the market could witness the breakout in less than three months.
While timing remains uncertain, the overlap in predictions from multiple analysts suggests a growing consensus around the timeline.
On social media, interest in XRP continues to gain traction. Analyst Egrag’s June 24 post on X forecasting the July-September breakout window has been widely shared among traders, adding to the anticipation.
Whether XRP hits $8 or $27 remains to be seen. However, its immediate challenge is clear: reclaim the $2.40 level, break out of consolidation, and shift the market trend decisively upward.
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