A Notable Analyst Highlights Three Bullish XRP Patterns

A notable analyst has highlighted three bullish XRP patterns across various timeframes, indicating a potential imminent explosive run.

The analysis comes as XRP remains in a consolidation phase around the $2 mark, with the broader crypto market lacking a clear direction. Bitcoin (BTC) struggles to reclaim $100,000, leaving altcoins in a wait-and-see position.

Nevertheless, some market analysts believe XRP may be preparing for a significant move, especially if the broader market recovers. Analyst Steph has identified three key patterns that suggest a major uptrend may soon be on the horizon.

XRP Secures Daily EMA Ribbon Breakout

The first indicator is a breakout above the daily EMA ribbons. Steph confirmed that XRP recently broke above the daily EMA ribbons, which are a set of exponential moving averages used by traders to determine trend direction.


Historically, this signal has preceded strong bullish moves. The last time XRP achieved this was in early November 2024, when it traded at $0.54. Shortly after, the asset surged over 400% within weeks.

After this latest breakout, Steph believes there’s a high probability of a similar rally. According to him, this strong bullish signal indicates that market momentum is shifting in XRP’s favor, and a similar 400% run could push prices to $13.25.

Bullish MACD Crossover

The second indicator pointed out by Steph is the confirmation of a bullish crossover on the daily MACD (Moving Average Convergence Divergence) chart. Traders use the MACD to identify potential market trend reversals.

Notably, when the MACD line crosses above the signal line, it often signifies the start of an upward trend. Steph confirms this crossover adds to the bullish outlook.


XRP Sees Double Bottom Breakout

For the third indicator, Steph observed that XRP has completed a double-bottom breakout on the monthly timeframe. This formation, often referred to as a “W” pattern, signals a bullish reversal indicating a shift from bearish to bullish momentum.


For a valid double-bottom breakout, the price must break above the neckline, retest it, and then rise significantly. Steph notes that XRP has successfully cleared this neckline, leading to a phase where a parabolic rally could unfold.

He believes the technical target for this move is over $30. Currently, XRP is trading at $2.65, having dropped 1.95% in the last 24 hours. To reach the $30 mark, XRP must rally by an impressive 1,032%.

Major XRP Resistance

However, for XRP to fully validate these bullish signals, Steph emphasizes that closing above $2.80 with a daily candle is crucial. This level could serve as a launching point for further gains if sustained.

Additionally, the broader market environment will need to align perfectly. Bitcoin’s struggle to hit $100,000 leaves much of the crypto market uncertain. However, if Bitcoin begins to recover, it could provide additional momentum for XRP.