Current Trading Range
XRP has been trading near the $2 mark for several days, repeatedly finding support but struggling to overcome recent selling pressure. However, historical patterns suggest a potential bullish move may be on the horizon.
Historical Pattern Insight
A well‑known trader, Steph is Crypto, has highlighted a chart pattern that resembles XRP’s accumulation phase in 2017, when the token was valued at only $0.25. That period was followed by a massive rally that sent XRP to its all‑time high within a year. The trader suggests that a similar setup today could lead to a comparable outcome.
Technical Setup
On the daily chart, XRP has formed a falling‑wedge pattern over the past few months, following a significant decline. The price has now compressed around the $2 mark, making this a critical level to monitor in the coming days. A breakout above $2.20 could completely change the outlook, nullifying the current bearish pattern and potentially starting XRP’s next significant movement.
Potential Targets
If this breakout occurs, the first target would be the 200‑day Exponential Moving Average (EMA) at $2.44, offering a quick ~20% upside. A larger move toward $3 could follow if momentum continues to build. This bold prediction could start to unfold in the months ahead, especially as crypto adoption accelerates.
Other Notable Opportunities
In addition to XRP, early‑stage presales are gaining attention. One standout is Bitcoin Hyper ($HYPER), which has already raised nearly $40 million to launch a Solana‑powered Layer 2 for Bitcoin. This project aims to unlock new possibilities for Bitcoin with a powerful scaling solution that could transform the ecosystem. Early buyers stand to benefit the most, with strong upside potential as adoption accelerates.
Outlook
As the crypto market continues to evolve, all eyes are on XRP to see if it will explode up or down. The coming days will be crucial in determining the token’s next major move.
