Crypto analyst EGRAG Crypto forecasts a possible XRP breakout occurring between July and September 2025. This prediction is based on an analysis of a triangular formation making its presence on the XRP chart for nearly a year.
Triangle Formation Analysis
EGRAG Crypto identifies a triangle formation that has lasted approximately 334 days. Historically, breakouts from such formations happen between 75% and 95% of their formation duration. 75% of 334 days indicates early July 2025, while 95% suggests around mid-September 2025.
Key XRP Price Levels
As of the reporting time, XRP is priced at $2.20, marking a significant resistance level. The asset has tested this area multiple times without achieving a solid close above it. A strong close above $2.20 could pave the way for subsequent resistance levels at $2.30, $2.34, and $2.48. A breakout beyond this range might trigger an accelerated price momentum.
Technical Strength and Market
EGRAG's forecast aligns with broader technical indicators currently seen on higher timeframes. Momentum indicators suggest a growing bullish divergence, while XRP continues to print higher lows, indicating a strengthening structure. Market psychology plays a crucial role, as cautious traders might spurred by a confirmed breakout generating renewed interest.
EGRAG Crypto's projection highlights a potential XRP breakout between July and September 2025. With XRP currently holding at $2.20 and nearing the completion of a year-long triangle formation, anticipation for a significant price movement intensifies.
