XRP Price Prediction: Multiple Indicators Signal Incoming Bull Run
2025-07-08 07:43:52

Main Idea
Crypto analyst Steph Is Crypto predicts an incoming bull run for XRP based on technical indicators, with a breakout target set at $5 and historical parallels to the 2017 rally.
Key Points
1. XRP has entered a symmetrical triangle pattern since mid-January, compressing toward an apex, signaling potential volatility.
2. A daily close above $2.33 is essential to validate a breakout, with a first major price target of $5 (120% potential gain).
3. Historical comparisons to the 2017 rally show a similar 210-day consolidation period before a significant price surge.
4. The monthly chart highlights a completed double bottom pattern, with XRP holding above 2017 closing highs, described as 'one of the most bullish charts in crypto.'
5. A short squeeze could drive prices higher, as the crypto market sentiment lags behind the U.S. stock market's extreme greed.
Description
XRP has entered a critical juncture on the three-day chart, with trading activity forming a symmetrical triangle that has held since mid-January. The pattern, defined by downward-sloping resistance and upward-sloping support, is now compressing toward an apex. According to crypto analyst Steph Is Crypto (@Steph_iscrypto), who reviewed the setup in a recent video, this structure may soon resolve with significant price action. Current market data shows XRP trading near $2.27, with volume at notabl...
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