XRP News Today: XRP's Historic Patterns Hint at Impending Breakout—Patience Rewarded?

Two prominent analysts have expressed bullish sentiments about XRP, forecasting significant price movements in the near future. Crypto analyst Steph Is Crypto and CryptoWZRD have drawn parallels between the current market conditions and historical bull cycles for XRP. Steph Is Crypto highlights a bull flag pattern in XRP’s price action, suggesting a potential breakout to the $5 level if support at $2.73 holds. Technical indicators, including chart compression and on-chain metrics, support this bullish stance. A key resistance level at $3 has historically posed a challenge for XRP, but a confirmed monthly close above this level could signal a long-term positive shift for the asset. The analyst also notes that much of XRP's liquidity lies above its current price, increasing the likelihood of a short squeeze as the market anticipates upward movement. Additionally, the potential for U.S. Federal Reserve interest rate cuts could serve as a catalyst for a significant price rally, echoing XRP's nearly 500% surge following a similar event in September 2024 [1].

CryptoWZRD has drawn attention to XRP's historical market structure, emphasizing the repetition of accumulation, consolidation, and breakout patterns that defined its 2017 bull run. The analyst shared a detailed chart showing XRP's price movement from 2014 to the present, noting that the token is currently in a consolidation phase before what could be a parabolic rally. This pattern has been seen in previous bull cycles, including 2017 and 2021, with XRP reaching or attempting to surpass its all-time highs. The current weekly chart shows strong consolidation after a decline below $3, with the analyst projecting a potential move toward $4.50 or higher. The historical data suggests that patience is key for XRP holders, as consolidation phases are crucial for building momentum for the next rally. The analyst's cautious optimism is based on the asset's repeating market behavior and its alignment with past bullish cycles [2].

Both analysts acknowledge the risks involved in XRP's current price trajectory. Steph Is Crypto cautions that the asset's five-wave pattern mirrors the 2021 bull run, which eventually led to a bear market correction. Potential bearish divergence signals on the RSI and declining retail interest, as indicated by Google Trends, are factors investors should monitor closely. Additionally, the market's reaction to XRP approaching the $4 to $5 range may result in volatility or a correction. On the other hand, CryptoWZRD remains focused on the potential for XRP to achieve new all-time highs, emphasizing the importance of tracking weekly chart consolidations and technical indicators for signs of renewed momentum. The analyst believes that the current consolidation phase is necessary for building the momentum required for another significant price movement [2].

Mitrade Insights has also provided technical analysis of XRP, noting that it has found support around its 100-day EMA at $2.77 and is showing signs of recovery. The RSI and MACD indicators suggest that bearish momentum is fading, with the RSI approaching its neutral level of 50. If XRP manages to sustain its recovery, it could move toward the 61.8% Fibonacci retracement level at $2.99. Conversely, if the 100-day EMA at $2.77 fails to hold, XRP may test its daily support level at $2.72. The broader market context remains cautious, with traders waiting for key U.S. macroeconomic data that could influence the Federal Reserve's policy outlook. This uncertainty highlights the need for investors to remain vigilant and monitor technical signals closely [4].

Despite the bullish forecasts from individual analysts, broader market conditions and macroeconomic factors remain a key concern for XRP investors. The recent decline in XRP, along with Bitcoin and Ethereum, has raised questions about the sustainability of the current bull market. Many investors have already priced in potential Federal Reserve rate cuts, and any unexpected developments in monetary policy could impact the asset's performance. Additionally, the rise and fall of crypto treasury companies, such as MicroStrategy, have introduced new variables into the market. These companies have adopted a strategy of aggressively purchasing cryptocurrencies like XRP, but the model's effectiveness is now being questioned as market enthusiasm wanes. This shift in investor behavior adds another layer of uncertainty to XRP's future price movements [3].

Source: [1] Is a Major XRP Surge on the Horizon? Analyst Claims This ... (https://intellectia.ai/news/crypto/big-xrp-breakout-coming-analyst-says-this-chart-predicts-everything) [2] XRP Bull Run Chart You Need to Remain Patient (https://timestabloid.com/analyst-to-xrp-holders-xrp-bull-run-chart-you-need-to-remain-patient/) [3] Bitcoin, Ethereum, and XRP All Continue to Drop. Here's What ... (https://finance.yahoo.com/news/bitcoin-ethereum-xrp-continue-drop-094900395.html) [4] Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ... (https://www.mitrade.com/insights/news/live-news/article-3-1097675-20250905) [5] Better Crypto Buy: Ethereum vs. XRP (https://www.fool.com/investing/2025/09/04/better-crypto-buy-ethereum-vs-xrp/)