Price Analysis View Non-AMP

XRP Breakout Alert! Price Poised for 80% Rally

Published by
Chandan Gupta

XRP, the native token of Ripple Labs, is poised for significant upside momentum following the breakout of a bullish price action pattern on the daily timeframe. Over the past few days, the overall cryptocurrency market has been struggling, and during this period, XRP experienced a prolonged consolidation.

XRP Price Prediction

According to expert technical analysis, XRP has broken out of a bullish flag and pole price action pattern on the daily timeframe and has closed a daily candle above the pattern. This pattern breakout has ended XRP’s prolonged consolidation. Based on recent price action, there is a strong possibility that it could soar by 80% to reach the $4.5 level in the coming days.

This bullish pattern appears to be a textbook example, indicating an ideal buying opportunity for traders and investors looking for long-term holdings.

On-Chain Metrics Signal Investor Confidence

Besides the recent breakout, XRP investors have already shown strong interest and confidence in the token, even during periods of price struggles. Since December 18, 2024, exchanges have recorded token inflows on only three days, despite a notable price decline across the market, as revealed by Coinglass’s spot inflow/outflow metrics.

$13 Million Worth of XRP Outflow from Exchanges

However, in the past 24 hours, on-chain metrics indicate that investors have withdrawn a significant 13 million XRP tokens from exchanges, highlighting the continuous accumulation by long-term holders. This ongoing accumulation could strongly support XRP in its rally.

Besides long-term holders, trader participation has also skyrocketed. Since the breakout, XRP’s open interest has jumped by 31%, indicating strong engagement from traders amid the market shift.

Current Price Momentum

Currently, XRP is trading near $2.54 and has experienced a price surge of over 8.75% in the past 24 hours. During the same period, its trading volume jumped by 60%, indicating heightened participation from traders and investors.

Chandan Gupta

Chandan Gupta is a crypto analyst and news writer at CoinPedia. He specializes in market analysis using on-chain metrics and industry insights to forecast market trends. With over four years of trading experience, Chandan simplifies complex concepts in technical and on-chain analysis, making them easy to understand. At CoinPedia, he leverages his expertise to identify and present emerging opportunities in the cryptocurrency space

Recent Posts

XRP Price Prediction Turns Bearish, 30% Fall to $2 Now on the Table

XRP is starting August on a shaky note as the price action shows growing signs…

August 3, 2025

Shiba Inu’s Recovery Heats Up, But These 2 SHIB Killers Could Leave It in the Dust in 2025

Shiba Inu has shown signs of recovery in 2025, with rising trading volumes and renewed…

August 3, 2025

3 Reasons to Avoid Cardano and Consider SpacePay Instead

Crypto can kick you in the teeth when you least expect it. You think you've…

August 3, 2025

Cardano ETF Approval Odds Jump to 83% as ADA Price Targets $4, But This New Crypto Coin Will Get There First

Investor confidence in Cardano’s exchange-traded fund (ETF) approval is soaring, reaching 83% as of August…

August 3, 2025

Pepeto (PEPETO) Price Prediction: A Meme Coin With Real Utility Gaining Momentum as Ethereum’s Ecosystem Grows

Growing interest in the crypto space has put Pepeto (PEPETO) in the spotlight as a meme coin…

August 3, 2025

Ethena (ENA) & FET Prices Breaking Below the Crucial Support—Will They Both Rebound & Rise to $1 This Week?

The impact of the US tariffs does not appear to have faded completely, as the…

August 3, 2025