XRP News Today: XRP Consolidates Awaiting Breakout Between July September 2025

Generated by AI AgentCoin World
Wednesday, Jun 25, 2025 6:42 am ET2min read

XRP, the cryptocurrency associated with

, has been trading within a narrow range of $2.00 to $2.40 over the past three months. This consolidation phase has left traders speculating about the next significant move for the digital asset. The XRP/USD pair has been relatively stable since its peak of $3.40 in January, repeatedly attempting to break out of its current range without success.

Several analysts have expressed optimism about XRP's potential for a substantial breakout, predicting that the cryptocurrency could surge into double digits. The key question remains: when will this breakout occur? According to popular crypto analyst Egrag Crypto, the XRP/USD pair is poised for a major upward move this summer. Egrag Crypto noted that XRP's price action has formed a large symmetrical triangle in the monthly time frame, suggesting a significant breakout in the coming months.

Historically, such patterns typically resolve between 75% and 95% of their total duration. Given that XRP has been consolidating within this symmetrical triangle for 334 days, Egrag Crypto calculated two potential breakout timelines. The first timeline, at 75% of 334 days, points to early July 2025, while the second timeline, at 95% of 334 days, suggests mid-September 2025. This analysis indicates that the breakout could occur anytime between early July and mid-September 2025.

Egrag Crypto's chart also includes key Fibonacci extension levels centered around the symmetrical triangle, setting a price target for XRP between $8 and $27. This prediction aligns with the growing sentiment among analysts that the next move for XRP is upward, as bears have failed to establish new lows. Crypto YouTuber DustyBC Crypto suggested that XRP under $2 is incredibly cheap and could be trading at a significantly higher price within the next six months. Similarly, Mikybull Crypto forecasted that XRP could break out of its symmetrical triangle structure to stage a rally similar to the one seen in 2017, targeting $14.

For XRP bulls, reclaiming the $2.40 level is crucial. A recent rally saw the price increase by 15% to a high of $2.21 on June 24 from its local low at $1.91. The focus is now on breaking the resistance between $2.22 (the 100-day simple moving average) and $2.40 (the 200-day simple moving average). A close above this level could pave the way for a return to $3.00 or the seven-year high above $3.40. A clear breakout above $2.22 would invalidate a bearish structure threatening a price drop to $1.18.

Popular XRP analyst CasiTrades emphasized that while the momentum is back, the price must break above two major resistance levels: $2.25 (the .382 macro retracement) and $2.69 (the .236 retracement). Clearing these levels with strength would confirm a true trend shift rather than a local reaction. This analysis underscores the importance of these resistance levels in determining XRP's future price movements.