Peter Smith
A symmetrical triangle pattern that's been building since 2018 has now broken out—a technical signal that could mark the beginning of a multi-year bull run. The chart pulls together Fibonacci extensions, EMA retests, and Gaussian channel indicators, all pointing toward potential double-digit price targets in the years ahead.
XRP's Multi-Year Breakout Explained
After spending years moving sideways, XRP (Ripple) might finally be ready for a significant breakout, according to fresh analysis from ChartNerd. The chart shows XRP escaping from a multi-year symmetrical triangle—a formation that often leads to explosive moves once the resistance breaks. This structure features years of rising support combined with horizontal resistance that's capped every major rally since 2017.
In 2025, XRP appears to have finally pushed above that resistance, confirming a technical breakout and possibly kicking off a new macro trend. The setup includes an entry zone just above the 3-month EMA retest, a stop level around $0.45 (below the long-term ascending trendline), and a resistance block near $1.00–$1.20 that XRP has now cleared—turning former resistance into potential support.
This clean structure suggests XRP is shifting from accumulation to expansion, typical behavior after long periods of consolidation.
The analysis includes Fibonacci extension targets based on previous cycle highs, projecting three key levels:
- 1.272 Extension = ~$8.47
- 1.414 Extension = ~$13.78
- 1.618 Extension = ~$27.70
These align with the "double-figure target" mentioned in the analysis and suggest that if the breakout holds, XRP could enter a phase of exponential growth—similar to what happened during the 2017 bull market when XRP hit all its Fibonacci targets.
Technical Confluence Backs the Bullish Case
- Gaussian Channel Turn: The green curve is starting to slope upward, signaling a shift in long-term momentum
- EMA Retest Confirmation: XRP is holding above its 3-month Exponential Moving Average, validating a new support level
- Triangle + EMA + Fibs Confluence: This overlap of technical signals suggests the breakout isn't random but part of a broader trend reversal
In technical analysis, this kind of confluence significantly boosts the odds of a sustained uptrend.
Beyond technicals, several real-world factors back XRP's bullish setup:
Regulatory Progress: Ripple's advances in its SEC case have reduced legal uncertainty, opening doors for institutional players. XRP's expanded partnerships with financial institutions and payment networks continue to grow its real-world utility. Plus, renewed optimism around utility-focused crypto tokens is strengthening long-term demand across the board.
These fundamentals provide solid support for what the multi-year chart is now showing.
Peter Smith
