XRP is showing signs of entering a new bullish phase, with recent price action and long-term chart structure pointing to the potential for a notable upside move.
The outlook is supported by XRP reclaiming the $1.40 level, a key psychological and technical threshold that is reinforcing growing optimism that a broader breakout may be underway.
In this line, analysis of the weekly chart by Crypto Catalysts suggests XRP is breaking out of a long consolidation phase spanning 2022 to 2024.
This was followed by a 2025 rally toward $3 and a subsequent pullback that has stabilized around the $1.30 and $1.40 support zone. The current structure mirrors past cycles where extended sideways movement preceded sharp gains.
XRP price analysis chart. Source: Crypto Catalysts
With resistance near $3, holding above current support could drive a retest of that level, while a breakout may open the path higher. The analyst’s pattern comparison points to $5 as the next key target.
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