Top Analyst Says XRP Is About to Explode. Here’s Why

The XRP market has shown some volatility in recent weeks, but a new chart shared by crypto analyst JackTheRippler (@RippleXrpie) suggests that the token may be on the verge of a major breakout. While most traders have been watching short-term moves, a broader technical formation appears to be developing on the weekly chart. The chart shows XRP consolidating within a rising wedge pattern . Price action has steadily moved between two converging trendlines since the start of 2025, with higher lows supporting a gradual upward trend. At the time of JackTheRippler’s analysis, XRP was trading at approximately $2.95, hovering near the upper third of the channel. JackTheRippler suggests that XRP is about to explode due to this setup, and his post has since gained widespread attention among XRP holders, many of whom view the pattern as a strong continuation signal. #XRP IS ABOUT TO EXPLODE! pic.twitter.com/AK7BfZYHLH — JackTheRippler © (@RippleXrpie) August 6, 2025 XRP Price Consolidation Signals Strength Looking closely at the price structure, XRP experienced a sharp rise earlier in the year before entering a tightening range. The chart indicates a healthy consolidation phase , with sellers unable to push the price below the ascending support line. Volume data also shows a surge in trading activity during major upward movements, which is consistent with accumulation behavior during a bullish trend. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Breakout Level Nears as Market Watches $3 The key resistance currently sits just above the $3 mark, aligning with the top boundary of the wedge. A decisive breakout above this level could open the path toward higher targets, with the $4.5 to $5 zone potentially in play if momentum continues. While wedge patterns can occasionally break downward, the prevailing structure and rising volume suggest buyers are in control for now . Macro Factors Support Bullish Outlook Although past price action is not a guarantee of future performance, the technical picture suggests that XRP could be preparing for its next major move. If the current structure holds and breaks to the upside, it would likely confirm growing confidence in the asset’s long-term potential. With a few days remaining on the current weekly candle, market participants are closely watching how XRP behaves around the $3 level. If the asset can surpass this crucial level and turn it into support, it could be a pivotal moment for the digital asset and kickstart the run toward new all-time highs. 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 Top Analyst Says XRP Is About to Explode. Here’s Why appeared first on Times Tabloid .

Source: TimesTabloid