Market Strategist Says XRP Will Melt Faces This Week. Here’s why

XRP’s technical landscape has ignited fresh excitement across the crypto market, with prominent market watcher Bark forecasting a surge to the $11–$15 range following a decisive breakout on the weekly chart. In a post on X, Bark described the setup as one that could “melt faces,” hinting at an explosive move that could catch traders off guard. The call comes as XRP trades just above $3, having broken free from months of consolidation — a move many analysts see as the start of a potentially parabolic rally. Technical Setup XRP’s breakout is the culmination of a long-term symmetrical triangle pattern that has been building since late 2024. This structure, marked by progressively higher lows and lower highs, compressed prices into a narrow range before finally yielding to bullish pressure. $XRP heading to $11-15 after breaking on the weekly chart. This week will melt faces pic.twitter.com/xGhrBrRFko — Bark (@barkmeta) August 11, 2025 The breakout has not only shifted the asset’s market structure toward higher highs and higher lows on the weekly timeframe but has also activated Fibonacci extension targets. The 1.618 Fibonacci level projects an upside objective near $11.20, while more aggressive targets, factoring in historical impulse waves, stretch as high as $15 . Market participants are closely watching to see whether the price can sustain momentum above the breakout zone, which would validate these projections and set the stage for further acceleration. On-Chain and Liquidity Context Blockchain data paints a mixed but intriguing picture. Certain analytics platforms report significant XRP outflows from centralized exchanges into cold storage — a sign of accumulation by large holders anticipating higher prices. Conversely, other datasets reveal notable whale-to-exchange transfers, which could signal preparation for profit-taking. This push-pull dynamic between accumulation and distribution means liquidity conditions remain fluid, with the potential to amplify either a sharp rally or a swift retracement. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Catalysts and Risks While the chart’s bullish breakout is undeniable, broader market factors will ultimately dictate whether XRP can reach the lofty $11–$15 range. Bitcoin’s trajectory, macroeconomic shifts, and ongoing developments in crypto regulation could all serve as accelerants or obstacles to XRP’s momentum. Traders are particularly attentive to how XRP behaves around the $3.50–$4.00 resistance zone, as a decisive close above this area could trigger the kind of cascading buy orders that fuel large-scale rallies. Outlook The coming weeks will be critical. Sustained volume, continued accumulation, and a clean weekly close above the breakout point could validate Bark’s high-end projections. Should momentum falter, however, XRP could revisit the breakout zone before any further advance. For now, the technical and sentiment-driven backdrop suggests that the market may indeed be on the cusp of the “face-melting” move Bark envisions — one that could redefine XRP’s position in the ongoing bull cycle. 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 Market Strategist Says XRP Will Melt Faces This Week. Here’s why appeared first on Times Tabloid .

Source: TimesTabloid