This Expert Says Ripple’s XRP Price Is Closer Than Ever to Its Next Big Breakout – Here’s Why
The conversation around XRP is heating up again after a detailed technical breakdown from analyst EGRAG Crypto, who believes the coin is setting up for a major move.
His latest chart update on the 3-day timeframe shows a tightening structure that could soon resolve into a breakout, and this time, he’s leaning bullish.
What you'll learn 👉
What’s Happening with XRP Right Now
XRP price has been consolidating after weeks of choppy trading, with traders debating whether this is just a cooldown or the calm before a major run. EGRAG’s latest post points to the latter.
He highlighted how the symmetrical triangle pattern, which previously saw a “throwback” and a minor breakout failure, is now stabilizing near a crucial support zone.
He explained that while earlier attempts at breakout momentum fizzled, the structure is far from broken. The market has simply been coiling, building energy for what could become a new leg upward.
What the Chart Is Showing
According to EGRAG, $2.20 remains the key line in the sand. Any close below that level on the 3-day chart would invalidate the bullish setup, but holding above it keeps the path open for a strong upside push.
The real momentum shift, however, starts if XRP price closes above the $2.55–$2.65 range. That zone, he says, would be the first real signal that the bulls are taking back control.
From there, a clean breakout above $3.20–$3.40 could send XRP into fresh all-time-high territory, the kind of move that traders have been waiting for since the last cycle.
The XRP chart also shows tightening candles around that mid-range, suggesting decreasing volatility and rising pressure. When patterns like this mature, they often lead to explosive moves once the breakout hits.
Market Indicators and Sentiment
Volume data supports EGRAG’s view that trading activity has been rising slightly while volatility remains compressed, often a precursor to big directional swings. On higher timeframes, the RSI is neutral but curving upwards, signaling early stages of accumulation.
Wider market sentiment is cautious in the meantime. Bitcoin dominance continues to be high, but the fact that XRP is able to hold support despite the broader market weakness could suggest growing investor confidence.
Analysts also note that institutional interest in Ripple’s enterprise efforts, such as its $1B GTreasury acquisition and plans for a regulated XRP treasury business, could be a stronger fundamental backdrop heading into Q4.
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XRP Short-Term Outlook
Right now, XRP price looks balanced between patience and potential. Traders are closely watching the $2.55 level as the pivot that could decide short-term momentum.
As long as XRP remains above its $2.20 support and continues to build higher lows, the chart favors a bullish continuation.
If EGRAG’s thesis plays out, XRP price could be gearing up for its most significant breakout attempt in over a year, one that might finally send the coin beyond the psychological $3 barrier and back into price discovery.
For now, the message from the charts and analysts like EGRAG is simple: stay steady, stay patient, and watch the breakout zones closely.
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