
XRP price is showing signs of stability despite recent selling pressure, the altcoin remains on track for a potential breakout as long as key resistance levels hold.
After failing to make a decisive move in recent sessions, XRP has entered another consolidation phase. While short-term price action remains muted, several market watchers believe this period of sideways trading could be laying the foundation for the next major rally.
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According to the analyst, the current sideways movement is a normal part of the market and supports the bullish outlook. However, the next move will depend on how XRP reacts around $1.11.
If XRP briefly moves above the level but fails to close above it, the current outlook remains unchanged. However, if it closes above $1.11, the analyst believes this setup would no longer be valid.
The analyst also said that strong ETF inflows and buying demand from South Korean investors are helping XRP stay stable despite recent selling pressure.
Another analyst, @InvestWithD, believes XRP is approaching one of its most important technical setups in years.
According to the analyst’s weekly logarithmic chart, XRP continues to trade inside a multi-year falling wedge, while its long-term ascending trendline remains intact. As price moves closer to the wedge’s apex, the probability of a large directional move increases.
The analyst pointed to several bullish technical signals:
Also Read : XRP Rich List Update : How Much XRP Do You Need to Be in the Top 1%?
The next major hurdle for XRP is the $1.40-$1.50 resistance range.
According to @InvestWithD, a confirmed weekly close above this zone could trigger a broader bullish expansion with potential upside targets at:
However, the analyst cautioned that losing the $0.88-$0.90 support zone would weaken the current bullish structure and increase the likelihood of a longer consolidation period before another recovery attempt.
Also Read : XRP Rich List Update: Top 10% of Wallets Now Hold 2,151 XRP as Network Crosses 8 Million Addresses
As per analyst Altcoin Doctor, XRP may remain trapped in a broad $1.00-$1.50 trading range for the next few months before making its next significant move.
He argued that XRP is following a familiar pattern seen in previous market cycles, where the asset spent several months consolidating before breaking out to new cycle highs.
During 2023 and early 2024, XRP experienced extended periods of sideways trading before gaining momentum. Based on that historical behavior, the analyst expects the current low-volatility phase to continue through late September, with a potential breakout emerging in September or October if market conditions improve.
He described the current structure as an accumulation phase rather than the beginning of a new downtrend, while emphasizing that historical patterns do not guarantee future performance
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