XRP Price on the Verge of “Biggest Pump” as Analyst Highlights Multi-Year Breakout

Andrew Chen
XRP

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  • XRP faces a crucial resistance line from 2021–2025; a breakout could trigger major gains.
  • A decisive two-week close above the trendline is needed to confirm bullish momentum.
  • Analysts suggest double-digit targets are achievable if the breakout occurs.

Cryptocurrency XRP may be on the verge of a substantial upward move, according to popular analyst Steph Is Crypto (@Steph_iscrypto). Sharing a two-week chart from Bitstamp, Steph highlighted XRP’s price pressing against an ascending resistance line that stretches from the 2021 peak through early 2025 highs and the asset’s recent all-time high in July. At the time of the analysis, XRP traded at $3.13. Steph suggests that surpassing this multi-year resistance could trigger “the biggest pump of your lifetime.”

What the Technical Setup Reveals

The chart outlines a classic test of a long-term resistance. Multi-year resistance levels often define market structure, and closing above such a boundary can shift investor sentiment. XRP’s late-2024 close above the 2021 peak of $1.96 marked a turning point, helping the asset surpass $3 in early 2025. That level has since acted as a key support.

The two-week candle view reduces market noise, offering a clear direction for XRP. Analysts interpret a breakout as a transition from range-bound behavior to a price discovery phase, potentially leading to rapid upward movement. The steadily rising resistance slope further indicates sellers have defended progressively higher levels, emphasizing that a breakout could signify structural market change.

Validating a Potential Breakout

Confirmation of a breakout typically requires a decisive two-week close above the resistance line. Analysts look for continued strength or a successful retest of the breakout level as support. Key signals include higher highs and higher lows on the same timeframe and rising market participation.

Also Read: XRP ETF : Tidal Trust Files for Leveraged Long Fund — Wall Street’s Next Big Bet?

Steph’s analysis isolates a clean break of the 2021–2025 trendline as the central condition for growth. While no exact price target is provided, well-respected analysts have set bullish forecasts suggesting XRP could reach double digits in the months ahead. A confirmed breakout could accelerate this trajectory and open the door for even higher levels.

XRP sits at a critical juncture, and a confirmed multi-year breakout could unlock significant upside potential. Traders and investors will be watching closely, as the asset’s technical structure suggests a transition to an aggressive price discovery phase, with the possibility of outsized gains on the horizon.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses

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