The post XRP Repeats Historical Patterns, Signals Price Breakout appeared on BitcoinEthereumNews.com.

An analyst has published a bullish forecast for XRP based on three key technical factors. The analysis cites the repetition of historical market cycles from 2017 and 2020. XRP has also formed a seven-month symmetrical triangle, a classic pre-breakout pattern. A top crypto analyst mostly followed for his data-driven XRP charts, has laid out a bullish case for the token’s long-term price action. The analysis focuses on three primary technical factors that suggest XRP is preparing for a significant upward movement based on its past market cycles. This forecast arrives as XRP trades near $2.16, with its daily trading volume at $1.82 billion, a decline of 32.62%. The analysis suggests the current market action is part of a larger consolidation phase that has historically preceded major price rallies. #XRP In The White Circle ⚪️, We Always Pump! 🔥 Based on my analysis, here are the potential targets: ▫️🏳️ $11.50▫️🏳️ $27 (with a massive 1227.5% pump)▫️🏳️ $42 Now, you might wonder: 🧐How did I arrive at these figures? Why is the minimum target $11.50, and why could we… pic.twitter.com/rnQebqMwED — EGRAG CRYPTO (@egragcrypto) June 20, 2025 Analysis Cites Repetition of Historical Market Cycles The first factor in the bullish analysis is the repetition of historical market patterns. According to a bi-weekly XRP/USD chart, the structure of the current market cycle mirrors the cycles that led to major rallies in mid-2017 and late-2020. Source: X The forecast suggests that XRP has completed the first major wave of its current cycle and, if the pattern remains consistent with past movements, it is now positioned for its next major wave. Related: XRP Chart Forms Bullish ‘Monster’ Wedge as Analysts Eye a Major Breakout Long-Term Indicators and Triangle Pattern The second factor is a proprietary long-term chart model the analyst calls the “RGB Arcs,” which…

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Filed under: News - @ June 20, 2025 1:32 pm