XRP has entered a critical technical setup that could signal a major upward movement based on a detailed chart analysis shared by a market expert. According to a recent post from @egragcrypto, highlighted by @amonbuy on X, XRP is mirroring a historical pattern that previously led to sharp price increases.
The chart reveals that XRP has completed a pattern known as “Move 1,” which, in past market cycles, triggered a breakout phase. According to the analysis, the style of the chart is similar to that of the former peaks, which could mean that the next upward wave is developing.
This development has fueled growing expectations across the XRP community, with significant price targets now under discussion.
🚨BREAKING: @egragcrypto just dropped a BOMB on #XRP 🚀
📊 History repeating?
✔️ Move 1 ✅
🔜 Move 2 = Liftoff 🌕📍Current Price: $2.16
🎯 Targets: $10.7 • $18 • $27 • $55+This chart screams: MOON VERY SOON 🌝🔥 pic.twitter.com/YJ81J82WyF
— Amonyx (@amonbuy) June 2, 2025
Currently trading at around $2.16, XRP’s recent increase is placed on the chart at a typical stage in Bitcoin’s cycle when the asset often builds momentum for major rallies. Importantly, the 21-week exponential moving average is bringing extra support to the equation.
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Expert Analysis Points to High-Value Targets Based on Repeating Patterns
According to the expert’s chart, a breakout could begin as XRP approaches the $3–$4 range, which marks the upper boundary of the channel. If this zone is breached, projected targets extend as high as $10.7, $18, $27, and potentially even $55.
Source: X
The technical structure features multiple arrows and reference points showing previous “Move 1” patterns, all followed by a lift-off. Similar patterns in XRP’s price history make it likely for another rise.
This pattern follows the steps of past consolidations and breakouts that helped prices head upward sharply.
Additionally, ongoing actions by the EMA and underneath price activity suggest that XRP is getting stronger. These things combined point to a place where a significant move might begin any time now.
According to the analysis, whether the token breaks through the resistance at the upper channel limit will determine its direction in the following period.
The analysts believe that XRP could have a breakout soon, as technical signals show potential for a substantial rise. After historical patterns and indicators have lined up, the market is eager to see whether XRP will move upward in value.
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