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XRP price breakout: target at above $4 despite pullback risks

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XRP, the digital asset behind Ripple’s cross-border payment infrastructure, has caught the attention of investors and analysts alike after a decisive breakout from a seven-year symmetrical triangle formation.

The breakout, confirmed by crypto analyst Brett, marks a historic turning point for XRP as it exits a prolonged consolidation phase and signals a potential surge toward the $4.43 price level.

This bullish signal has energised the XRP community and drawn renewed focus to the asset’s technical and fundamental setup, which now appears to be aligning for a major upward push.

According to Brett, who shared the chart on X, the breakout unlocks substantial upside potential, fueled by years of suppressed price action and pent-up market energy.

The symmetrical triangle pattern, which XRP had been trapped in since 2018, consisted of converging trendlines formed by higher lows and lower highs, usually culminating in an explosive move upon breakout.

The upper resistance of this structure has now been decisively broken, offering what analysts believe could be the start of a powerful bullish trend, especially if current momentum continues.

Based on standard technical projections, Brett has set a target of $4.43—an ambitious level that would mark a significant milestone for the digital asset, surpassing even its all-time high from 2018.

Network metrics signal caution

Despite the bullish backdrop, some analysts have raised caution, pointing to bearish signals from network metrics and price patterns that suggest the rally may face significant headwinds.

According to Glassnode, over 70% of XRP’s realised cap has formed near current highs, creating a top-heavy market structure that is historically prone to steep corrections.

A sharp decline in active addresses, down over 90% since March 2025, further complicates the picture, as falling network activity often signals waning user demand.

XRP’s weekly chart is also flashing a warning, with the price consolidating within a falling wedge pattern that could trigger a 25% pullback toward the $1.76 support level.

Analysts caution that the same conditions have preceded major declines in XRP’s past cycles, such as the 2017 and 2021 peaks, both of which led to drawdowns exceeding 80%.

The progress of the XRP legal tussle with the US SEC offers hope

In spite of the bearish network metrics, Ripple’s recent legal progress against the US Securities and Exchange Commission has been widely interpreted as a turning point for XRP’s regulatory clarity.

While a final settlement has not yet been announced, Ripple has scored notable legal wins over the past year, increasing confidence among investors and institutions.

At the same time, Ripple has expanded its global partnerships, integrating with payment institutions across Latin America, the Middle East, and Asia to strengthen XRP’s use as a liquidity bridge asset.

These real-world use cases are seen as vital to XRP’s long-term valuation, offering a strong foundation to support any technically driven rally.

The likelihood of an XRP ETF approval has spurred market buzz

At the same time, optimism surrounding a potential XRP spot ETF approval has also spurred interest, with Polymarket odds reaching 83%, reflecting rising expectations of institutional adoption.

Although the SEC continues to delay decisions on crypto ETF applications, market watchers believe final rulings may arrive by October, with earlier approvals unlikely but still possible.

Futures-based products are already appearing, including CME’s XRP futures and leveraged ETFs on Nasdaq, providing regulated exposure and signalling growing demand from sophisticated traders.

Also read: XRP price ticks higher after Volatility Shares launched first XRP futures ETF

As altcoin momentum builds in the wake of Bitcoin’s resurgence, XRP remains one of the most closely watched assets in the current market cycle.

The post XRP price breakout: target at above $4 despite pullback risks appeared first on Invezz

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