- XRP has traded sideways between $2.00 and $2.40 for three months, but analysts expect a major breakout between July and September 2025.
- The cryptocurrency needs to break above $2.40 resistance to target $8-$27 price levels.
- Technical patterns suggest XRP could rally similarly to its 2017 performance if bulls maintain control above key support zones.
XRP has remained confined within a narrow trading range of $2.00 to $2.40 over the past three months. The cryptocurrency reached a multi-year peak of $3.40 on January 16 before entering a prolonged consolidation phase. Multiple analysts now project that a significant upward movement could materialize within the coming months.
At the time of writing, XRP is trading at $2.18, showing an increase of 0.4% over the past 24 hours.
Despite several breakout attempts, the cryptocurrency has struggled to maintain momentum above key resistance levels. Trading activity has remained subdued as traders await directional clarity. XRP’s price action suggests accumulation patterns are forming ahead of a potential major move.
Technical Analysis Points to Summer Breakout
Crypto analyst Egrag Crypto identified a large symmetrical triangle pattern forming on XRP’s monthly chart. The analyst posted on June 24 that historical data suggests breakouts typically occur between 75% and 95% of a pattern’s total duration.
#XRP – The Breakout Is Coming – Base On Math🔥:
🔳 Based on historical patterns, breakouts from triangle formations (symmetrical, ascending, or descending) typically happen around 75% to 95% of the total pattern duration.
🔳 Calculations for a 334-day pattern:
▫️75% of 334… pic.twitter.com/64hhEK0J0A— EGRAG CRYPTO (@egragcrypto) June 24, 2025
: 400;”>XRP has been consolidating within this triangle formation for 334 days. Based on this timeframe, the 75% calculation points to early July 2025 as a potential breakout date. The 95% scenario suggests mid-September 2025 as the upper boundary for pattern resolution.
The analyst’s chart incorporates Fibonacci extension levels that establish price targets between $8 and $27 for XRP. These projections assume a successful breakout above current resistance zones.
Multiple market observers share similar bullish sentiments. Crypto YouTuber DustyBC Crypto described XRP prices below $2.00 as “incredibly cheap” and suggested significant appreciation could occur within six months. Analyst Mikybull Crypto forecasts a rally comparable to 2017’s, targeting $14 per token.
$XRP under $2 is incredibly cheap
Bookmark this post, look back in 6 months.
— DustyBC Crypto (@TheDustyBC) June 23, 2025
Critical Resistance Levels Define Near-Term Outlook
XRP experienced a 15% rally from its June low of $1.91 to $2.21 on June 24. The recovery highlighted renewed buying interest at lower price levels. Bulls now focus on overcoming resistance between $2.22 and $2.40.
The $2.22 level corresponds to the 100-day simple moving average, while $2.40 aligns with the 200-day simple moving average. These technical indicators represent significant hurdles for sustained upward movement.
A decisive close above $2.40 would likely trigger additional buying pressure toward $3.00. Success at this level could propel XRP back to its seven-year high above $3.40. Conversely, failure to break above $2.22 may validate bearish scenarios targeting $1.18.
Analyst CasiTrades emphasized that momentum has returned to XRP but noted that two critical resistance levels must be cleared. The $2.25 level represents the 0.382 macro retracement, while $2.69 marks the 0.236 retracement. Breaking these levels with conviction would confirm a genuine trend reversal rather than a temporary bounce.
🚨Momentum is Back – What’s Next For XRP? 🚨
Yesterday, we were watching closely for another test of the $1.90 fib, the macro .5 retracement. Price had bounced from $1.91, but hadn’t yet cleanly touched that support…
But instead, #XRP reached $1.908, just a hair above the… pic.twitter.com/eWjsf93Q4H
— CasiTrades 🔥 (@CasiTrades) June 24, 2025
XRP’s next major move will likely determine its trajectory for the remainder of 2025. Technical indicators and analyst projections align around a potential breakout scenario between July and September.
Disclaimer
The content shared on KryptoVaultDaily is for informational purposes only and does not constitute financial or trading advice. We do not offer guarantees and assume no responsibility for investment decisions based on the material provided. Always research and seek guidance from a licensed financial advisor before trading cryptocurrency or investing.
