XRP Could See Significant Upside as Multiple Price Models and Low Supply Suggest Potential Breakout

Key Points

1. XRP is approaching a critical breakout point within a long-term ascending triangle pattern, with $3.12 as a bullish confirmation level and $2.65 as a vital support.

2. Four price models (Logarithmic Expansion Model, Inflow Multiplier Model, etc.) converge to predict explosive growth, with historical cycles suggesting potential surges to $20 or higher.

3. Low float supply (3–8 billion XRP in wallets) creates 'float compression,' where small demand increases can lead to large price spikes.

4. The Chunnel Breakout Theory models XRP’s price in 28-day phases, showing structured waves from $0.50 to $180, with tight volatility windows preceding major surges.

5. Whale dominance limits available supply, amplifying price movements, and historical patterns indicate sharp price bursts after periods of tight compression.