XRP Bulls Eye Expansion as Pre-Breakout Accumulation Phase Completes

Source: Cryptonews Original Title: XRP bulls eye expansion as pre-breakout accumulation phase completes Original Link:

Overview

XRP has completed an accumulation phase and may be entering an expansion period, according to technical analysis. The digital asset is currently trading above key support areas, with fractal analysis indicating a pattern similar to growth periods observed in 2017.

Technical Structure

The current price behavior has been characterized as pre-expansion in nature, featuring a long sideways base that has remained intact. Technical analysts have identified targets for potential near-term growth during the 2025-2026 timeframe.

A weekly support level is being maintained, which technical analysts view as supporting a bullish outlook. Price compression has been interpreted as a coiled structure rather than a bearish breakdown, suggesting the market is building momentum before the next leg up.

Price Action & Momentum

Over recent trading activity, XRP has experienced mild pullbacks from early-month highs, but trading volumes remain robust in the 3.5-4 billion dollar range across major venues, signaling that moves are driven by active positioning rather than illiquid drift.

Additional analysis reports no topping pattern in the Relative Strength Index (RSI) indicator. The RSI currently sits at a neutral position, and momentum indicators do not show top formation. Short-term resistance levels have been identified that would need to be overcome before the next upward wave can materialize.

Forward Outlook

Analysts anticipate a breakout-backtest sequence, with successful resistance breaks potentially leading to subsequent wave targets being reached. A backtest at resistance that converts into support could facilitate further upward movement into late 2025 and 2026.

However, analysts caution that market situations do not recur identically and liquidity drivers vary by cycle. Fractals indicate possibilities rather than certainties, and anchoring to targets without validating market structure carries risk. Current support levels are holding, though an acute resistance cluster remains to be cleared before additional price advancement can occur.