XRP, the third-largest cryptocurrency by market cap, is once again grabbing headlines. After a significant 359.9% rally over the past year, the cryptocurrency is entering a consolidation phase.
Current Market Situation of XRP
XRP has shown a mere 4.11% increase in the current quarter, following a 0.45% uptick in Q1 2025. Despite the muted start, technical analysts are eyeing a potential breakout that could redefine XRP’s trajectory for the rest of 2025.
When is an XRP Price Breakout Expected?
Crypto analyst EGRAG CRYPTO reports that the current symmetrical triangle on XRP’s daily chart could lead to a breakout occurring between early July and mid-September 2025. This formation consists of:
* Upper trendline – connecting declining highs * Lower trendline – connecting rising lows
Breakouts typically occur at 75-95% completion of the pattern.
XRP Price Predictions for 2025
The direction of the breakout may significantly impact XRP’s future. In a bullish scenario, XRP could break above the upper trendline and reach a price of $5 or more. In a bearish scenario, it may fall below the lower trendline and drop to around $2 or lower. Currently, XRP is priced at $2.18, having increased by 8.2% in the last 24 hours but showing an overall decrease of 2.6% over the week.
Monitoring the upcoming breakout may be a defining moment for XRP holders and traders. A movement above or below the triangle could signal the start of a new trend.
