July 23, 2025 – Ripple’s native token XRP is showing strong signs of a potential breakout, with multiple technical and on-chain indicators aligning to suggest a rally toward the $6 mark before the end of the year.
At the time of reporting, XRP is trading at $3.46, and analysts are eyeing chart patterns and market data that point toward a significant upward move.
Technical Breakout Signals Gaining Strength
As Cointelegraph Markets Pro and TradingView data show, XRP has escaped a symmetrical triangle chart formation that has been present on it at the daily time frame. According to experts, this breakout could be regarded as a technical sign of a bullish market, given that the asset is already making its way to the key resistance point of $3.66, as currently marked as the highest it has reached over the last eight years.
In case XRP manages to close significantly higher than this resistance, analysts are estimating a measured move objective to reach $6,03, making an amount gain of up to 75 percent today.
Crypto trader Binance Killers wrote on X (previously Twitter) that XRP has broken out and hit a new all-time high and the current test of the breakout level might confirm the strength of the rally should X continue to maintain its support.
Bull Flag Pattern Confirms Momentum
On shorter timeframes, the four-hour chart shows XRP forming a bull pennant—another classic bullish continuation pattern. The token is currently facing resistance at $3.46, the upper boundary of the pennant.
A candle close above this trendline would signal a breakout and could drive the price toward the next target of $5.80, which represents a 67% increase.
Bull pennants typically emerge after a strong price surge, followed by a consolidation phase. Once broken, they often lead to a continuation of the uptrend, reinforcing the bullish scenario for XRP.
On-Chain Data Shows Buyer Dominance
Besides the technical chart arrangements, on-chain statistics feed the bullish headline. The net buy-sell volume delta in the 90-day spot taker has flipped to positive (90-DAY SPOT TAKER CVD). It is an indication that buy orders have been dominating the sell orders since the beginning of June.
Though it reached new multi-year highs of over $3.66 last week, the CVD displaying strong buying appetite also points to the fact that bullish appetite has not been dented by the recent move.
Analysts say this ongoing demand suggests buyers are still in control, setting the stage for another leg higher. Historically, positive CVD readings during price rallies have been precursors to extended bull runs.
Rally Just Getting Started?
While XRP holders are enjoying gains—over 99% are in profit at current prices—analysts believe the rally is far from over. Cointelegraph reports that XRP has not yet entered a full parabolic phase, leaving more room for upside in the coming weeks and months.
Traders and analysts are closely watching whether XRP can sustain this momentum and clear the $3.66 resistance. If it does, the road to $6 could materialize faster than many expect.
