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

XRP, the cryptocurrency, is showing signs of a significant breakout between July and mid-September 2025, contingent on surpassing the critical $2.40 resistance level. This potential rally could push XRP into double-digit territory, according to analysts. The cryptocurrency has been trading within a symmetrical triangle pattern for 334 days, a technical formation often preceding sharp price movements. Such patterns typically resolve between 75% and 95% of their duration, placing the expected breakout window between early July and mid-September 2025.

This prolonged consolidation phase has kept XRP confined between $2.00 and $2.40, frustrating traders but also building momentum. The symmetrical triangle’s apex is approaching, increasing the likelihood of a decisive move. According to crypto analyst Egrag Crypto, Fibonacci extension analysis projects a bullish price target range from $8 to $27, indicating substantial upside potential if resistance is overcome.

Market sentiment around XRP is increasingly optimistic as bearish attempts to push prices lower have faltered. Influential voices emphasize that XRP trading below $2 remains undervalued, urging investors to monitor the token closely over the next six months. Additionally, analyst Mikybull Crypto draws parallels to XRP’s 2017 rally, forecasting a breakout from the current triangle that could propel the price to around $14. These perspectives underscore a growing consensus that XRP’s consolidation phase is nearing its end, setting the stage for a potential bull run.

For XRP to confirm a bullish trend reversal, reclaiming and sustaining a price above $2.40 is essential. This level aligns closely with the 200-day simple moving average (SMA), a critical technical indicator watched by traders and institutional investors alike. Currently, XRP has rallied 15% from a local low of $1.91 to $2.21, approaching the 100-day SMA at $2.22. A decisive close above these moving averages would invalidate bearish scenarios predicting a drop to $1.18 and pave the way for a retest of the $3.00 mark or even the multi-year high above $3.40.

Popular XRP analyst CasiTrades highlights two major macro retracement levels that must be cleared for a sustained uptrend: $2.25 (the .382 retracement) and $2.69 (the .236 retracement). Breaking these with strong volume would signal a genuine trend shift rather than a temporary price spike. Such a move would attract renewed buying interest and could trigger a broader rally, supported by improving market fundamentals and positive technical indicators.

XRP’s prolonged consolidation within a symmetrical triangle is approaching a critical juncture, with a potential breakout window opening between July and mid-September 2025. Surpassing the $2.40 resistance and key moving averages will be vital for confirming a bullish trend and unlocking significant upside targets ranging from $8 to $27. Investors should monitor these technical levels closely as XRP positions itself for what could be a pivotal phase in its price trajectory.