Analyst Says XRP Has Confirmed Breakout, Sets Price Target

Ripple’s native token, XRP, is once again capturing market attention as prominent crypto analyst Random Crypto Pal declares a confirmed breakout, projecting an ambitious price target of $5 . Shared in an energetic post on X, the analyst urged the XRP community to take notice, signaling that a major move is underway. Bullish Chart Structures Confirm Breakout According to Random Crypto Pal, XRP has decisively broken out of a long-term descending resistance line—an event he considers the beginning of a major uptrend. The analyst emphasized that the breakout was not only clean but also followed by a textbook retest, strengthening the validity of the move. Other technical analysts echo this view. On the 4-hour and daily charts, XRP has shown consistent strength. Crypto strategist Dark Defender pointed to a golden cross in the Relative Strength Index (RSI) and a bullish Ichimoku Cloud breakout, both of which support the momentum shift. With XRP now trading well above its 50-day and 100-day moving averages, technical conditions favor the continuation of the rally. $XRP BREAKOUT CONFIRMATION #XRP IS RIPPING TOWARDS $5. … SMASH THE LIKE BUTTON PAPLS! pic.twitter.com/g5JDqfUNOe — Random Crypto Pal (@RandomCryptoPal) July 9, 2025 Price Targets and Market Sentiment While Random Crypto Pal has pegged $5 as a realistic near-term target, others suggest XRP could climb even higher. Dark Defender outlines a potential multi-leg rally, targeting $2.70 first, then $3.40, and eventually a move towards $5.85 or even $8.76 if bullish momentum persists. These projections are based on long-term Fibonacci levels and recent chart pattern breakouts. Market sentiment has notably improved. On-chain data indicates a strong uptick in volume and on-chain activity, typically precursors to sustained rallies. Additionally, recent predictions from Bitget analysts suggest that institutional involvement, driven by developments like Ripple’s RLUSD stablecoin and pending U.S. bank charter , could accelerate XRP’s path to $5 before the end of 2025. Catalysts Fueling the Surge A confluence of technical and fundamental factors is propelling XRP’s bullish case. The recent launch of RLUSD, Ripple’s U.S.-dollar-backed stablecoin, and its approval for operations in Dubai have added institutional legitimacy. Meanwhile, speculation around Ripple’s efforts to obtain a U.S. banking license continues to stir optimism within the XRP community. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The possibility of XRP-focused spot ETFs , amid a broader trend of crypto ETF adoption, is also seen as a potential driver of capital inflows. Combined with XRP’s unique utility as a bridge asset for cross-border payments and CBDCs, the fundamentals appear aligned with the technical picture. Risks and Resistance Ahead Despite the breakout confirmation, analysts caution that XRP must maintain support above key levels, particularly the $2.40–$2.65 zone, to avoid a pullback. Should the price fail to hold this range, a drop toward the $2.00–$2.20 support band remains possible. However, a strong weekly close above $2.65 would likely open the door for rapid acceleration toward $3.50 and beyond. XRP’s confirmed breakout marks a significant turning point in its price trajectory. With strong technical signals and growing institutional interest backing the move, a push toward $5 no longer seems far-fetched. While some resistance levels remain, the outlook for XRP has turned decidedly bullish, setting the stage for what could be one of the most significant rallies in its history. 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 Analyst Says XRP Has Confirmed Breakout, Sets Price Target appeared first on Times Tabloid .

Source: TimesTabloid