Momentum Is Building: Analyst Says XRP Big Breakout Is Close

XRP is rapidly approaching what could be its most significant breakout in years . According to prominent market analyst CasiTrades, the token’s recent price structure and technical signals point to a bullish continuation that may soon propel it beyond key resistance levels. With strong support beneath and increasing momentum above, XRP appears primed for a decisive move. Reclaiming a Critical Level XRP is currently hovering just below $2.30, brushing up against local resistance. But more importantly, it has reclaimed the $2.25 level, which serves as a crucial technical marker. This zone not only represents the 0.382 Fibonacci retracement on the macro timeframe but also marks the apex of a multi-month consolidation pattern. Earlier in the cycle, XRP experienced a textbook fakeout below this apex, only to reclaim the level with conviction. As CasiTrades explains, this kind of recovery is a powerful signal, suggesting sentiment has flipped and the market is transitioning from accumulation to breakout. Momentum Is Building – XRP’s Breakout Is Close! $XRP is playing out beautifully here! Step by step, the structure is developing with classic bullish continuation signals. We’ve now seen multiple higher lows, followed by a reclaim of the $2.25 (macro .382), which also… pic.twitter.com/j2RLgUoUpk — CasiTrades (@CasiTrades) July 7, 2025 Bullish Structure Confirmed From a structural standpoint, XRP has now formed multiple higher lows, a classic indicator of bullish strength. This ascending pattern reflects increasing buyer confidence and tightening price action—a key feature that often precedes a breakout. According to CasiTrades, the setup is unfolding exactly as expected for a bullish continuation, with pressure building just beneath resistance. The next levels to watch are $2.69 and $3.04, both of which correspond to macro Fibonacci extensions. These zones are not expected to behave like the $2.25 level, which requires prolonged consolidation. Instead, if momentum is sustained, Casi believes these resistances could be broken swiftly, with XRP flipping them into support as it moves higher. Wave 3 of 3: The Strongest Move Yet? What makes the current setup especially compelling is the likelihood that XRP is entering Wave 3 of 3, the most explosive phase in Elliott Wave theory. This wave typically brings sharp, rapid price acceleration and widespread retail attention. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 It’s where the majority of gains are made in a bullish cycle, and it often leaves latecomers chasing higher prices. If this analysis holds, XRP could soon leave behind its current range and begin targeting macro-level highs. Market Sentiment and Volume Trends Beyond the charts, market dynamics are also favoring XRP. The asset has shown exceptional resilience during uncertain times, especially compared to other large-cap cryptocurrencies. Spot trading volumes remain elevated, particularly in South Korea, where XRP continues to dominate market share. This suggests that real demand—rather than speculation—is helping fuel the current rally. What Comes Next With structural momentum, bullish sentiment, and strong volume all converging, XRP is now at a pivotal point. A clean breakout above $2.30 could trigger rapid moves to $2.69 and $3.04. If those levels are flipped into support, the path toward even higher macro targets becomes clearer. As CasiTrades warns, this may be the final window to accumulate before XRP enters full breakout mode. For investors watching from the sidelines, the clock may be running out. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post Momentum Is Building: Analyst Says XRP Big Breakout Is Close appeared first on Times Tabloid .

Source: TimesTabloid