- Analyst confirms XRP’s breakout pattern mirrors historic 400% price rally.
- MACD turns bullish, signaling strong momentum toward $6 and $15.
- Whale accumulation and ETF launch strengthen XRP’s long-term bullish case.
XRP is drawing renewed market attention after breaking above a key resistance level. The token previously surged past $3.45, reviving bullish expectations supported by established technical patterns.
According to Irma Analytics, a classic bull flag structure has formed following XRP’s rally from $2.10 to $3.50. This pattern is historically associated with a powerful trend, with the prior instance seeing gains of more than 400 percent. According to this structure, XRP’s path toward $15 is still in play, with the token first reaching a short-term target of $6.
Momentum indicators have also shown this expectation, as the MACD line turned bullish (green color) on the weekly chart, further confirming the idea of a brand new upside move that might result in reaching the $6 to $8 area.
This crossover is a historic precedent for massive upward price movements and an increase in trends.
Institutional indications have created additional traction for XRP, as ProShares recently introduced an XRP Futures ETF, increasing the token’s transparency and acceptance among larger investment markets.
Also Read: Coinbase’s New Report Excites XRP Community – Here’s What’s Happening
Additionally, the CLARITY and the GENIUS Acts are likely to reduce regulatory pressure, creating a positive policy environment for XRP development.
Source: Irma Analytics
Historical Structure Continues to Validate Bullish Outlook
The technical pattern now unfolding mirrors those seen in earlier XRP breakouts. Analysts note the structure remains intact, with both volume behavior and price action aligning closely with prior successful rallies. This consistency lends credence to further rises in 10-digit valuations.
Innovation happening in the Ripple ecosystem is increasing utility, as the XRP Ledger has gained additional liquidity and functionality through RLUSD, a reserve-backed stablecoin introduced on the XRP Ledger via XPMarket.
The on-chain indicators also show an increase in whale accumulations, which suggests more confidence in the long term.
Similar optimism can be found in future market activity. Open interest in XRP has increased progressively, which indicates more involvement of leveraged traders. This is followed by increased volatility and continuing price hikes.
The expected XRP rally has a history and feasible technical markers backing its rise. With bullish structures still active, targets of $6 and $15 remain firmly in view as the rally continues to build momentum.
Also Read: Here’s Why XRP Is Down Today, Crashing Below $3
