Analyst Says Next XRP Move will be Fantastic After Spotting this Bullish Setup

Crypto analyst Steph Is Crypto (@ has drawn attention to a possible repeat of XRP’s previous breakout pattern, pointing to technical similarities between current price action and the consolidation that preceded its sharp rally in late 2024. In a chart shared on X, he identifies two symmetrical triangle formations and describes XRP’s next moves as “fantastic.” The first occurred before XRP’s major move last November, and another is currently unfolding, suggesting a repeat of XRP’s performance in November. The next move for #XRP will be fantastic! pic.twitter.com/V8mKAUWsub — STEPH IS CRYPTO (@Steph_iscrypto) May 31, 2025 The First Symmetrical Triangle The previous triangle formed between July and October 2024. XRP spent much of this time consolidating between $0.5 and $0.6 without any sustained breakouts. However, the tables turned when Donald Trump won the presidential election in November. Gary Gensler, the former Chair of the U.S. Securities and Exchange Commission (SEC), announced his resignation shortly after, ending the war against cryptocurrencies. The excitement from these developments ignited a market-wide resurgence. Bitcoin rose above $100,000 for the first time, and XRP broke through notable resistance levels despite the legal battle between Ripple and the SEC. Surged over 500% to $3.39. XRP’s Current Symmetrical Triangle Steph’s current analysis suggests that the structure of the ongoing consolidation bears a close resemblance to that earlier setup. The implication is that another breakout of comparable magnitude could occur if XRP decisively breaks the current resistance line. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The new symmetrical triangle pattern , shown on a 3-day Heikin Ashi chart, indicates consolidation between support at around $1.90 and resistance just below $2.70. The similarity between the two patterns could signal an imminent move. XRP is currently trading at $2.18, and if it experiences another 500% surge like it did in November, it could climb to a new all-time high of $13.08. Experts have set targets around $15 for the current market cycle, and Steph’s analysis reaffirms these double-digit targets. Whale Activity Reinforces Bullish Expectations Adding to the bullish excitement, a whale recently opened a $1.08 million long position using 12x leverage at an entry price of $2.1336. This shows confidence in the digital asset’s future and suggests whales may be preparing for something big. This combination of positive factors, including the symmetrical triangles, historical similarity, and significant whale positioning, has led many in the community to anticipate a powerful breakout. If XRP can replicate its previous pattern, the coming weeks could deliver explosive price action that mirrors or even exceeds the rally seen in late 2024. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst Says Next XRP Move will be Fantastic After Spotting this Bullish Setup appeared first on Times Tabloid .

Source: TimesTabloid