XRP (XRP-USD) is showing signs of a major breakout as it follows a specific chart pattern that led to massive gains just last year. Market experts are watching closely because this exact situation previously triggered a 66% price surge in a very short time. Currently, the coin is holding steady near $1.45, and if the trend continues, XRP’s price could soon reach $2.35.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
XRP’s Historical Patterns Spark High Expectations
The current movement in the market looks almost identical to a recovery that happened in April 2025. During that time, the coin spent several weeks in a tight range before suddenly jumping to a new all-time high of $3.66 in less than two weeks. Traders call this a “bull flag” breakout, and it often suggests that a large group of buyers is ready to push the price much higher.
A clear sign of this change is the way moving averages are crossing over one another on the daily chart. This technical signal often acts as a green light for investors to start buying more heavily. If the current rally matches the one from last year, the coin is on track for a significant move upward.
Strong XRP Buyers Build Market Confidence
New data shows that people are actively buying XRP rather than just waiting for a better deal. A measurement called the “spot taker CVD” turned positive on May 1, which means there are more buyers than sellers in the market right now. This shift happened right as the price moved past a difficult resistance level at $1.38.
Professional traders are also adding new positions at a rapid pace. One specific indicator that tracks these new bets rose by $27 million in a single day. Analyst Amr Taha mentioned that: “When this happens while price is rising, it often shows that traders are increasing exposure as momentum begins to recover”. This suggests that investors are becoming more optimistic about the future of the coin.
XRP Protects Critical Price Levels
To keep this rally alive, the coin needs to stay above the $1.40 mark. This level is very important because it acts as a floor that keeps the price from falling back down. Analyst Jack Straw noted that the coin is currently “gaining momentum above $1.40” and staying strong.
If the price can move and stay above $1.42, it could trigger even more buying interest. Many experts believe that once the coin clears these small hurdles, the path is open for a run toward $2.00 and eventually $2.40. As long as the current support holds, the market remains in a strong position to repeat its successful history.
At the time of writing, XRP’s price is trading at $1.4484.
