XRP News Today: XRP Poised for 24,174% Rally as Analyst Spots Hidden Bullish Breakout

Respected chart analyst Egrag Crypto has highlighted a potential massive hidden bullish breakout for XRP, suggesting that the cryptocurrency may be on the verge of a powerful rally that many investors might be overlooking. With XRP currently trading at $2.22, Egrag's analysis is particularly timely.

Egrag’s chart analysis focuses on XRP’s price history from 2014 to the present, using a logarithmic scale to trace long-term movements. The analyst identifies a repeating fractal that occurred during the 2016–2017 cycle, where XRP formed a triangle pattern before a sharp decline. Despite the steep 2,497% drop that followed, XRP eventually reversed into an explosive rally. Egrag sees an almost identical formation developing today, with XRP consolidating within a triangle, but this time the setup suggests an upward breakout. If history repeats in the opposite direction, Egrag projects a staggering potential upside of 24,174%, a move that would catapult XRP far beyond its current level.

This technical outlook arrives at a time when the broader sentiment around XRP is turning more favorable. The long-running SEC v. Ripple lawsuit brought significant uncertainty to the token, but recent developments have opened the door for institutional re-engagement and more confident participation from retail investors. Further reinforcing XRP’s legitimacy is its inclusion in Grayscale’s Digital Large Cap Fund and its increasing adoption in Japan’s financial ecosystem. Ripple’s deep ties with Japanese financial giant SBI Holdings and the recent launch of the XRPL EVM sidechain have positioned XRP as a key asset within Asia’s fintech space.

Against this backdrop, the technical structure on Egrag’s chart, marked by low volatility and price compression, suggests that XRP is preparing for a decisive move. Typically, such triangle formations resolve with strong momentum, and if XRP breaks upward, the move could be dramatic. Egrag’s message is clear: while many look for complicated indicators, the real opportunity may lie in observing simple, proven chart formations. His call to action, “We Shall Fly So High”, captures the growing excitement among XRP believers who see this moment as a turning point.

With XRP hovering at $2.22 and sitting just beneath the apex of its multi-year triangle, the market may be underestimating what’s about to come. If Egrag’s analysis holds, the “hidden pump” he describes could soon become anything but hidden. Egrag cautions that the simplicity of the setup may be what makes it so easily overlooked, and he urges investors to stay steady and strong, emphasizing that together, the XRP community can rise and fly high.