XRP’s 400-Day Pattern Signals Potential Breakout to $23

XRP's Potential Breakout

  • XRP has been trading with lower highs since July 2025, suggesting price compression.
  • Crypto analyst ChartNerd suggests this could be the precursor to a significant move.

400-Day Rectangular Reaccumulation

  • XRP has been in a rectangular reaccumulation phase for around 400 days, forming a potential bull flag pattern.
  • The structure includes a strong impulsive move from July 2024 to December 2024, peaking at $3.4.
  • XRP has traded sideways, maintaining support around $1.8 and resistance around $3.6.
  • The pattern remains intact as long as the support level holds, potentially activating an expansion phase.

Macro Breakout Projection

  • If XRP breaks out of the rectangle, it could reach a target near $23.
  • This projection is based on the height of the flagpole extended from the reaccumulation range top.
  • The current price of XRP is around $1.92, indicating a possible gain of over 1,000% if the breakout occurs.
  • This move could be one of XRP's most aggressive rallies in recent years.

Source: Unsplash, TradingView