The XRP price (XRP) rose 9% on the weekend, to $1.50. Several technical and Onchain indicators pointed out that it would be a good time for an increase. “full-scale” Break-up upward
Takeaways from the conference:
- Bollinger Bands and XRP funding rates warn about volatility coming up.
- XRP is aiming for a breakout of the symmetrical triangle at $2.05.
XRP bullish reversal signals emerge
TradingView’s data shows that the USD/XRP pair is still 60% below its previous multi-year peak of $3.66, reached in July 20,25. It also trades 21% lower than its annual open price of $1.83.
In spite of this decline, several price indicator pointed to a possible upward breakout in the near future.
Darkfost identified a major bullish indicator when he analyzed Binance XRP’s funding rates. This signal set XRP/USD on a upward trajectory.
Related: XRP price copies 2025 chart fractal that last time sparked 66% gains
Binance’s 30-day amount has funding rates of 30 percent. “maintained a bearish bias for nearly three months, even as XRP has posted a 27% gain over the same period,” Analyst said In a recent posting on X:
“When such a strong consensus forms, especially after a correction exceeding 60%, it is often a sign that a potential reversal may be developing.”
Source: CryptoQuant. Source: CryptoQuant
XRP has risen sharply in the past when rates of funding have recovered after long periods that were negative.
The XRP price reached $1.25 in April of 2025. “bullish recovery eventually triggered a rally that led to a 126% advance,” Analyst added
The Bollinger Bands, which traders use to gauge price volatility and momentum within a range, has reached its most tight point in 10 month, signaling a possible significant move.
As shown below, the two-day XRP Bollinger Bands are at their most tight level since July 20,25.
After breaking through the upper Bollinger Bands, the XRP/USD currency pair surged by 90% to its all-time high of $3.66 in July 2025. Gains were 72% higher in July 2024.
XRP/USD two-day chart. Source: Cointelegraph/TradingView
Seth said XRP printed out the “tightest Bollinger Band squeeze in years” On the daily timeframe, add:
“History says this kind of setup resolves with force.”
Bollinger Bands are tightening daily for XRP/USD. Source: X/Seth
Cointelegraph reportedMultiple technical indicators indicated that the XRP/USD was bottoming, and pointed to a rally up to $12.
XRP symmetrical triangular breakout has begun
The XRP/USD pairs has broken over a symmetrical rectangle on the chart. This is a typical setup for bullish reversals following a long consolidation.
Price has been compressed by two converging trends lines since Feburary, and the upper boundary is acting now as key support at the psychological $1.40 level.
The bullish price target for the chart pattern is $2.05 or 41% over the current level.
Chart of XRP/USD for the day. Source: Cointelegraph/TradingView
Moving average convergence divergence, or MACD, is also trading above the line of zero and produced a positive cross. This indicates that the buying momentum has increased. In the past, MACD crossovers of this type have been associated with strong rallies in XRP.
Analyst CW8900 said The aforementioned “full-scale rise for $XRP is imminent,” The price jumped off the multi-year resistance line in the chart of the last three days.
XRP/USD three-day chart. Source: X/CW8900
Cointelegraph reportedBuyers must sustain and break the price of XRP above the seller’s congestion zone between $1.40 and $1.61 on the daily graph to indicate a trend change over the long term.
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Source: cointelegraph.com
