In a recent post that has stirred excitement across the crypto community, STEPH IS CRYPTO, a prominent analyst on X, issued a bold proclamation: a “mega breakout” is incoming for XRP. With XRP trading just above $2.20, mounting technical signals and broader market dynamics are aligning to suggest a major move could be imminent. Technical Compression Suggests Imminent Explosion Steph’s analysis centers around a well-defined descending triangle pattern on XRP’s 3-day chart, stretching back to January 2025. This formation, known for forecasting volatile breakouts once price compresses into a tight range, has seen XRP repeatedly test support above $2.00 while facing resistance around $2.33. According to Steph, the key signal to watch is a daily close above $2.33. If confirmed, it could trigger a sustained rally that breaks the current consolidation. Volume indicators support this view. Declining volume within the triangle suggests market indecision, but historically, this leads to explosive price action once momentum returns. #XRP MEGA breakout incoming! pic.twitter.com/ZTHaEXGgd4 — STEPH IS CRYPTO (@Steph_iscrypto) July 5, 2025 Projected Price Targets: From $5 to Over $30 Using Fibonacci extensions drawn from XRP’s 2024 low to its January 2025 high, Steph outlined a series of ambitious but technically grounded price targets. The first leg, projected at $5.38, represents the 0.618 Fibonacci extension, a common target in early bullish waves. If momentum accelerates, further price levels at $11.31, $23.78, and even $37.63 come into view. Steph has consistently maintained that these projections are not short-term predictions, but part of a broader multi-leg breakout that could unfold over weeks or months. Patience, he notes, is essential. Monthly Chart Breakout on the Horizon The long-term setup also strengthens the bullish narrative. On the monthly chart, XRP appears to be forming a symmetrical triangle , with an apex estimated between early July and mid-September. This coincides with the timing window Steph referenced in previous updates. The importance of this setup cannot be overstated, historically, symmetrical triangles on higher time frames tend to precede prolonged directional moves. Key resistance zones sit between $2.40 and $2.69, which coincide with the 100-day and 200-day simple moving averages. A clean breakout above this region could see XRP reclaim $3.00 quickly, setting the stage for a move toward its all-time high of $3.40. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Broader Market and Regulatory Tailwinds Outside of technicals, broader market dynamics may serve as catalysts. Regulatory clarity is improving, especially following Ripple’s legal progress in its battle with the U.S. Securities and Exchange Commission. Combined with the increasing adoption of RLUSD and Ripple’s U.S. bank charter application, institutional sentiment around XRP appears to be turning positive. Steph and other analysts also point to the current macro cycle in crypto. With Bitcoin recently breaking new highs and altcoins starting to rotate into the spotlight, XRP’s timing for a breakout could hardly be better. Caution Still Warranted Despite the optimistic outlook, risks remain. There is a notable liquidity block around $2.00, representing a large sell wall. If price rejects from resistance and breaks below support zones like $2.06 or $1.95, the bullish setup could be invalidated or delayed. Traders and investors should watch these levels closely. A Moment of Truth for XRP With converging technical signals, supportive market sentiment, and macro tailwinds, XRP appears primed for what STEPH IS CRYPTO calls a “mega breakout.” The $2.33 level is the line in the sand, clear it, and XRP could be on a fast track to its most significant rally since 2017. For holders, the next few weeks may prove pivotal. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst to XRP Holders: XRP Mega Breakout Incoming appeared first on Times Tabloid .
