- XRP nears a breakout as ascending triangle patterns and trendlines hold firm, with $3.12 acting as a critical bullish confirmation level.
- Four major price models, including logarithmic and inflow theories, align to predict XRP surging to $10, $20, or even $180.
- Whale dominance and low retail float hint at float compression, where even minor inflows could trigger explosive XRP price rallies.
XRP is showing breakout signals as analysts believe a massive surge could be just around the corner. At its current price of $0.5632, XRP is trading inside a crucial long-term setup that could redefine its market direction. This analysis emerges from recent insights by Egrag Crypto and SugarXRPL, who have mapped out a combination of macro and micro technical signals.
The price of XRP is approaching a critical point in an ascending triangle pattern, which is why there is urgency. This pattern, which has been seen over several market cycles since 2013, indicates a robust upward trend in spite of brief declines.
Source: Egrag Crypto
Moreover, the red support trendline and blue ascending support line have held firm across major corrections. If XRP confirms a daily close above $3.12, bulls may take full control. Otherwise, the $2.65 level remains key as both a support and potential pivot.
Four Technical Models Signal One Bullish Story
SugarXRPL’s breakdown highlights four major price models, each pointing toward explosive XRP growth. The Logarithmic Expansion Model shows XRP has historically moved in sharp bursts. For example, previous cycles saw jumps from $0.50 to $2.50, then up to $20 and beyond. These bursts follow periods of tight price compression and signal a pattern repeating in shorter time frames.
Additionally, the Inflow Multiplier Model estimates that modest real inflows of $3–6 billion could push XRP’s price between $10 and $20. This is based on historical multipliers between capital inflow and market cap, suggesting strong capital efficiency.
Supply, Wallets, and the “Chunnel” Theory
Another bullish case comes from XRP’s wallet distribution. Most coins are held by institutions and whales, while small wallets own only 3–8 billion XRP. This creates a “float compression” scenario. When demand spikes, prices could react violently due to low available supply.
The Chunnel Breakout Theory supports this view. It models fixed 28-day breakout phases, showing XRP climbing in structured waves: $0.50, $2.50, $20 , $180. Each breakout includes a “Chunnel Low” and “Chunnel High,” forming a tight volatility window before price explosions.
