XRP Approaching Key Breakout: Analyst Predicts Path to All-Time Highs

XRP is currently facing a critical resistance level, according to analyst EGRAG CRYPTO, who suggests the token is entering a significant technical phase. The key question moving forward is whether the ascending triangle formed below "Zone 1" can trigger the next upward movement and potentially bring XRP back to its previous all-time highs.

Key Takeaways

XRP is facing crucial resistance at Zone 1, between $1.65 and $1.70.
An ascending triangle pattern is forming, indicating potential upward movement.
A positive macro or policy catalyst, such as the Clarity Act, is essential for breaking above Zone 1.
EGRAG estimates a 65% chance of breaking above Zone 1, while a 35% chance exists for a false breakout.
Clearing Zone 1 is necessary but not sufficient; further conditions must be met to reach Zone 2 at approximately $2.60.

XRP price analysis

XRP price news

In a recent post on X, EGRAG framed this market situation as “Ascending Triangle vs Zone 1 (Decision Time)” and linked it to a possible policy development: the Clarity Act. The five-day XRP/USD chart indicates that the price is tightening below a blue resistance band between $1.65 to $1.70. This is coupled with a rising lower trendline, suggesting that buyers are still entering the market during price dips.

Analyzing XRP’s Path to New Highs

This interpretation is based on established market dynamics. An ascending triangle generally illustrates ongoing buying interest at higher price levels, even amid consistent seller resistance. EGRAG identifies that resistance as Zone 1, with the tightening price range underneath creating upward pressure.

However, EGRAG does not claim this pattern guarantees a breakout. He assigns clear probabilities to both possible scenarios: “Break Above Zone 1: ~65%. Structure supports continuation. Momentum is building with compression,” the analyst noted. Conversely, “Rejection / Fakeout: ~35%. Without any catalyst, we might see a liquidity sweep first. If the Clarity Act gets postponed, rejection becomes likely.”

The Clarity Act is emphasized repeatedly as the potential catalyst that could allow for a breakthrough above Zone 1. This means while the triangle could be building pressure, the actual breakout relies on a substantial macro or policy trigger to push prices higher.

Nonetheless, EGRAG explains that overcoming Zone 1 would just be the initial phase. He questions how XRP could reach “Zone 2,” which is indicated on the chart as approximately $2.60 and above. Achieving this will require more than just one breakout.

“Breaking Zone 1 is NOT enough,” EGRAG stated. “To breach Zone 2 ($2.60+), we must see institutional investments, ETF-style exposure, Bitcoin stability or a decrease in its dominance, along with sustained weekly closes above $1.85–$2.00.”

Currently, EGRAG's analysis is cautious rather than overly optimistic: “Triangle = Pressure. Zone 1 = Trigger. Zone 2 = Expansion. Catalyst starts the move…Liquidity finishes it.”

This places XRP at a crucial turning point. If buyers can effectively transition the current price compression into a decisive move through Zone 1, discussions will swiftly shift from recognizing patterns to targeting expansion areas. If not, EGRAG's framework suggests that liquidity could be swept lower initially, especially if the Clarity Act does not materialize as anticipated.

At the time of this writing, XRP was trading at $1.44.

XRP price chart