XRP Breakout Enters Critical Phase As Chart Targets $9–$13 Zone

Overview

A recent analysis by crypto analyst Cryptollica suggests that XRP may be on the verge of a significant breakout, potentially mirroring the structural pattern that led to its explosive rally in 2017. The current price action is pivoting around a critical level, with technical targets projected much higher, indicating an important phase for the altcoin.

Current Analysis of XRP

On December 8, Cryptollica shared a 2-week chart of XRP/USD via TradingView. The analysis indicates that XRP is currently trading around the key level of $1.95, which is crucial for the continuation of its upward trend. The analyst utilized a long-range log chart from Binance, highlighting that the latest candle shows XRP trading at approximately $2.0892.

Cryptollica’s analysis divides XRP’s historical price movements into mirrored cycles: the first cycle from 2014 to 2017 and the current cycle from 2021 to 2025. Each cycle is further segmented into three parts: “Part 1,” “Part 2,” and “Part 3.” The analyst suggests that the current cycle reflects a nearly identical pattern to the earlier one, particularly in its accumulation phase.

The Importance of the $1.95 Level

Part 1 of the current cycle is characterized as an accumulation phase, where XRP has remained below a dashed blue resistance band for an extended period, forming higher lows along a rising trendline. This phase, occurring roughly from 2022 to 2024, has lasted longer than in the previous cycle. Cryptollica highlights a principle in technical analysis that states, “the bigger the base, the higher in space,” suggesting that this prolonged sideways movement may indicate a significant buildup of potential energy.

Part 2 is defined as the breakout phase, where XRP must decisively close above the blue resistance band and successfully consolidate above it. Once this occurs, the area is expected to act as new support, marking the official end of the downtrend and the beginning of a bull market.

The Parabolic Rise Ahead

Cryptollica suggests that XRP is either at the final stage of this breakout phase or has just completed it. The pivotal reference point remains the $1.95 level. The analyst emphasizes that holding above this level is crucial for confirming the continuation of the uptrend.

If the breakout confirmation holds, the analysis anticipates entering Part 3, labeled the “Parabolic Rise – Discovery Phase.” During this segment, which corresponds to the near-vertical advance seen in 2017, XRP could aim for its previous all-time high range. The potential targets are projected to be significantly higher, with estimates suggesting a range between $9.00 and $13.00, contingent on the fractal pattern playing out similarly to 2017.

From author

The analysis provided by Cryptollica highlights the importance of historical price patterns in forecasting future movements in the crypto market. The comparison between the current and previous cycles offers insights into potential future behavior, especially around critical resistance and support levels.

However, it is essential to acknowledge the inherent volatility in the cryptocurrency space, where external factors such as market sentiment, regulatory developments, and macroeconomic conditions can significantly affect price movements.

Impact on the crypto market

• If XRP successfully breaks above the $1.95 level and sustains this support, it could signal a broader bullish trend in the market.
• A significant upward movement in XRP could attract more investors and traders to the altcoin, increasing overall market liquidity.
• The potential for XRP to reach double-digit targets may influence other altcoins to follow suit, creating a ripple effect throughout the crypto market.
• The analysis underscores the importance of technical levels, highlighting how market psychology can impact trading behavior.
• Regulatory developments and market conditions will play a crucial role in determining whether XRP can achieve the projected targets.