- Analyst warns that XRP’s bullish pennant is almost complete, with a breakout expected any moment.
- Fibonacci levels mark a potential rally toward $13.42, as XRP holds firm above $2.00.
- Technical and on-chain signals suggest XRP could soon print a massive ‘God candle’ move.
The XRP community was sent into a wave of anticipation following a bold forecast shared by renowned market analyst XRPunkie. According to a post on X, the expert pointed to a powerful technical formation developing on the monthly XRP chart that could trigger a massive price breakout.
In an update on this, the XRP escaped out of a multi-year descending wedge formation earlier in 2025, and the price shot up above the $0.60 mark to a high above 3.00. At the moment, XRP is going at approximately 2.27 and continues its formation above essential moving averages, including 21-period EMA and 33-period SMA, which have now become strong support levels.
To help investors plan potential exits during the surge, XRPunkie outlined key Fibonacci extension levels derived from the asset’s previous breakout. According to him, the formation is almost complete, and a breakout may happen soon.
Those verified could print what he terms a God candle, a massive, startling bullish candle signaling the start of a mighty rally.
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XRPunkie tried to assist the investors in planning their way out in the event of the surge by providing essential Fibonacci extension levels based on the asset’s past breakout. The levels here are $6.45 on the 1.618 extension, $8.90 on the 1.786 extension, and then there is the 2.0 extension, which becomes $13.42.
These areas are attracting close attention as potential profit-taking regions should the breakout happen as per plan.
The analyst has highlighted that these estimates cannot be interpreted as a random protocol, as the XRP has shown a strong reaction at such extension levels in previous cycles.
In this respect, this variation between 6.45 and 13.42 might act as a guide for its investors who want to trade off their risks without losing their profit.
Source: XRPunkie
Strong Market Structure Reinforces Breakout Expectation
Besides the technical setup, growing developments within Ripple’s ecosystem are also adding weight to the bullish outlook. The rollout of Ripple’s RLUSD stablecoin and expanding use of the XRP Ledger for real-world asset tokenization have increased market confidence.
On-chain data also shows rising user activity and lower selling pressure, both of which are favorable indicators.
XRPunkie made his stance clear by challenging bearish views, suggesting the technical and market landscape no longer supports a negative bias. With XRP holding strong above $2.00, many investors are positioning for what could be the next primary phase of the asset’s growth.
As XRP trades within a tight consolidation pattern, anticipation is building across the market. With technical patterns aligning and momentum accelerating, XRP may be on the verge of printing a decisive “God candle” breakout that could redefine its market trajectory.
Also Read: XRP Set to Explode? Analyst Predicts Breakout as Price Hits Key Level
