- Analyst CW says XRP rally begins after breaking all-time high.
- XRP chart phases suggest breakout targets at $6.61 and $21.5.
- Ripple’s legal case ended, focus shifts entirely to price action.
According to market analyst CW (@CW8900) on X, the real XRP rally will only begin once the token breaks above its all-time high. His latest chart analysis suggests that XRP is approaching a critical stage, where a breakout could trigger the start of a powerful upward cycle.
CW divides XRP’s market history into phases that show a repeated pattern of consolidation and breakout. Earlier cycles featured long accumulation periods that eventually led to sharp rallies. Based on this model, XRP is currently completing its third phase and preparing for the fourth, which signals a possible rally ahead.
Break Above All-Time High Seen as the Signal
The analyst emphasized that surpassing the all-time high is the main trigger for the next expansion. Once this resistance level is cleared, the chart points to two significant targets. The first is a retest of the all-time high, while the next extends toward $6.61 and even $21.5 using Fibonacci projections.
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Moreover, XRP’s historical patterns highlight how periods of consolidation often precede major price surges. Consequently, CW argues that the structure aligns with a potential repeat of past explosive moves. Traders and community members are watching closely for confirmation of this scenario.
Additionally, the regulatory pressure that once clouded XRP’s outlook has already been resolved. Ripple and the US Securities and Exchange Commission dismissed their appeals, removing the legal uncertainty that weighed on the market. This resolution now allows the focus to remain entirely on technical indicators and price action.
Conclusion
CW’s analysis shows that the real XRP rally will not begin until the token breaks its all-time high. Once this point is reached, XRP could enter a new expansion phase with the potential to reach higher projected levels. Market participants are closely tracking this development as XRP edges nearer to a decisive breakout.
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