XRP News Today: XRP Aims for Double-Digit Gains as Breakout Looms

XRP is currently consolidating near key resistance levels, with analysts predicting an imminent breakout that could propel the token into double-digit territory. As of the latest data, XRP is trading at $2.19, reflecting a 14.6% recovery from its recent local low of $1.91. Market observers are closely monitoring a symmetrical triangle formation on the monthly chart, which has been developing over 334 days. This technical setup is seen as a critical indicator for XRP's next major move.

Analysts suggest that the breakout could occur anytime between July and mid-September 2025, making this summer pivotal for XRP's future trajectory. Crypto analyst Egrag Crypto has been tracking this symmetrical triangle formation, noting that such patterns typically resolve between 75% and 95% of their full duration. For XRP, this window spans from 251 to 317 days since the triangle's inception, placing the potential breakout between early July and mid-September 2025. Egrag Crypto's analysis includes Fibonacci extension levels on the monthly chart, which suggest price targets between $8.00 and $27.00 post-breakout. If XRP confirms the breakout, its upward trajectory could mirror historical moves seen in previous cycles.

Other market observers, including Mikybull Crypto, share similar views. Mikybull Crypto 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. 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 localized price spike. In other words, the move would signal structural strength returning to the XRP chart. 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.