- XRP confirms breakout above $1.63 neckline, targeting $8.35 and $13.55 next.
- Multi-year cup-and-handle signals bullish momentum into altseason highs.
- XRP price holds above key levels, aligning with a steep parabolic structure.
Ripple’s multi-year price structure is advancing through a confirmed breakout, setting the stage for a major uptrend. Analysts are tracking bullish technical patterns that signal potential movement toward the $13–$15 range in the coming months.
Structural Breakout Confirms Bullish Continuation
Ripple (XRP) has pushed past multi-year resistance, activating a large cup-and-handle formation on the monthly chart. This bullish pattern formed between 2018 and 2025, reflecting long-term accumulation followed by a sharp vertical breakout. The $2.00 region, which capped rallies in both 2018 and 2021, now acts as support.
Market analyst CryptoELITES, based on the current structure, notes that XRP has broken above the neckline at $1.63, confirming the pattern. He provided a detailed technical analysis of the current Ripple/USDT setup from a long-term perspective.
Source: CryptoELITES
Reviewing this timespan setup, he finds that XRP is trading at $2.15083, firmly above the 0.786 Fibonacci level. In this pattern, the analyst sees an upside extension targeting $8.35 and $13.55, which align with the 1.272 and 1.414 Fibonacci levels. These price projections follow a steep trajectory from the neckline breakout.
Observing recent price behavior, he explains that XRP also surpassed the 1.0 Fibonacci extension level of $3.36. From the price reaction, he suggests that momentum is increasing as the structure transitions from consolidation to continuation. With momentum building, he provides further insight into the parabolic curve forming from the 2020 base.
In the context of this move, he outlines that each key Fibonacci level,0.382, 0.5, 0.618, acted as a staging zone for accumulation. Following the breakout, he confirms the trend shift as XRP continues respecting historical resistance and support levels. With the current retest, he observes sustained bullish control above the neckline zone.
Alternate Outlook Highlights Broader Altseason Trajectory
Another market analyst, BarriC on X, offers a different angle by framing XRP’s rise within the broader altseason cycle. He emphasizes shorter-term projections alongside a potential long-term explosive move under specific market conditions.
In analyzing the trend, he identifies $3 and $5 as early resistance zones before targeting a climb toward $10. That development prompted him to examine altseason dynamics, which he believes could lift XRP closer to $20. At this stage of the structure, he comments that longer-term extremes such as $1,000 remain hypothetical but symbolically bullish.
From this consolidation, he draws a connection to previous cycles that followed similar multi-layered breakout structures. By tracking previous resistance levels, he explains how short-term consolidation zones often lead to accelerated expansions. Both analysts support a bullish scenario for XRP, grounded in technical structure and historical chart behavior.
