Analyst Predicts XRP Third Consecutive Breakout By September 1. Here’s why

Patrick L. Riley, a well-known cryptocurrency analyst, has set the stage for heightened anticipation in the XRP community. In a recent post on X, Riley stated, “You’ve waited this long $XRP. We’re approaching the end of a 9-month cup and handle, with clarity, and looking at our third consecutive breakout by September 1st.” His outlook hinges on a textbook technical pattern that, if confirmed, could propel XRP into its next major rally phase. A Nine-Month Cup and Handle Formation The cup and handle is one of the most recognized bullish continuation patterns in technical analysis. It typically begins with a rounded bottom (the cup) that reflects a gradual recovery from previous declines, followed by a smaller downward or sideways consolidation (the handle) before a decisive breakout. You’ve waited this long $XRP . We’re approaching the end of a 9 month Cup and handle, with clarity, and looking at our third consecutive breakout by September 1st. P.S. Yes, I chart in 3DCAD because I can pic.twitter.com/CZ27othWwp — Patrick L Riley (@Acquired_Savant) August 11, 2025 Over the past nine months, XRP’s price action has traced such a structure, with multiple tests of the $3.30–$3.40 resistance zone. Analysts tracking the formation note that the handle is nearing completion, and any close above this resistance with strong trading volume could validate Riley’s projected breakout scenario. Technical Momentum and Supporting Catalysts XRP’s recent market strength has not occurred in isolation. Network upgrades to the XRP Ledger, rising developer activity, and expanding enterprise adoption through Ripple’s payment solutions have bolstered sentiment. The resolution of key legal uncertainties earlier in 2025 has also reduced a major overhang on price, allowing technical patterns to play out with fewer external shocks. Volume patterns, relative strength indicators, and moving averages have shown constructive alignment, with XRP maintaining higher lows over successive weeks. This technical posture mirrors earlier 2025 breakouts, lending additional credibility to Riley’s forecast. Historical Parallels and Price Targets Historical XRP cycles offer further context. In prior market phases, extended consolidation periods followed by breakout patterns have often led to substantial price appreciation. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 While analysts caution against assuming exact repeats of the past, fractal comparisons suggest that a clean break above $3.40 could open the door to the $4–$5 range in the short term, with more ambitious projections possible if bullish momentum accelerates. Risks and Market Realities Despite the bullish setup, market participants should remain mindful of potential headwinds. A failed breakout could send XRP back into consolidation, while broader macroeconomic factors, regulatory developments, or large-scale profit-taking might temper gains. Professional traders would watch for confirmation in the form of a daily or weekly close above the neckline, supported by strong volume and sustained buying pressure. Outlook Patrick L. Riley’s prediction is rooted in a clear and technically sound observation: XRP is completing a prolonged cup-and-handle pattern with the potential to deliver a third consecutive breakout by September 1. If the pattern holds and the market responds with conviction, XRP could see its strongest price expansion of the year . For now, all eyes remain on the critical resistance zone as traders prepare for what could be a defining moment in XRP’s 2025 price journey. 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 Predicts XRP Third Consecutive Breakout By September 1. Here’s why appeared first on Times Tabloid .

Source: TimesTabloid