Crypto analyst ChartNerd is sounding the alarm — but in a bullish way — saying XRP may be on the verge of the “breakout of the decade.” Posting on X, he points to a multi-year technical pattern that he says has set the stage for a major upward move if a current retest holds.
What ChartNerd is seeing
- A symmetrical triangle that formed from 2024 finally broke in Q4 2024, followed by a fresh all-time high in July 2025. ChartNerd says XRP is now undergoing a textbook retest of that breakout.
- He compares the setup to a similar triangle from 2013–2017 that preceded a dramatic upswing, and argues that the pattern — compression, clean break, retest, then ignition — could repeat.
- If the retest succeeds, ChartNerd predicts XRP could stay bullish for three to four years and even hit a new ATH near $21 on the next leg up.
- He also warns the retest could briefly push price below the psychological $1 level before a parabolic rally, and says such a retest might occur as soon as this month amid macro pressures (including tensions between the U.S. and Iran).
Other analysts weigh in
- Dark Defender (on X) also flagged bullish signals: a break of key resistance on the 3-day chart, repeated support around a $1.31 Fibonacci level, completion of a C Wave, a triangle breakout, and an RSI bullish cross — all of which make him confident a new ATH is in sight.
- On the flip side, CasiTrades cautions there’s downside risk: she warns of a potential 5-wave move down to $0.85 and expects a nearer-term fall to around $1.09 after a relief bounce tied to any U.S.–Iran ceasefire.
Market snapshot
- At the time of writing, XRP is trading around $1.35, up on the day (CoinMarketCap).
Bottom line
Technically-focused analysts are split between a bullish narrative that a multi-year triangle breakout could fuel a major new bull run, and a reminder from bears that retracements or deeper corrective waves remain possible. Traders should watch the current retest level closely — it may determine whether XRP resumes a sustained ascent or gives back gains in the short term.
Read more AI-generated news on: undefined/news
