Renowned crypto chart analyst XRP CAPTAIN has identified a classic falling wedge pattern on XRP’s 4-hour chart, signaling a potential bullish breakout on the horizon. According to his recent analysis, XRP is approaching a critical juncture, with a projected breakout target between $3.00 and $3.10, and possible upside momentum pushing the price beyond $3.60. This technical formation, marked by a converging downward trendline, often indicates a reversal in bearish momentum. In XRP’s case, the wedge reflects a tightening range and decreasing volatility, which typically precedes a sharp move to the upside. Bullish Technical Structure Strengthens Case for Rebound The falling wedge pattern identified by XRP CAPTAIN is considered one of the most reliable bullish reversal setups in technical analysis. It suggests that sellers are losing steam and that buyers are gradually regaining control . On-chain indicators further support this view, with recent data showing strong accumulation during price pullbacks and a decrease in selling pressure. #XRP Falling Wedge Pattern Identified. Breakout Is On The Horizon pic.twitter.com/2L5QlU4eE0 — XRP CAPTAIN (@UniverseTwenty) August 1, 2025 Other technical analysts, including EGRAG Crypto and XRPunkie, have also flagged the same pattern, with consensus forming around an imminent breakout. Price action has repeatedly tested the upper boundary of the wedge, indicating growing bullish intent. A confirmed breakout above this resistance could unleash a strong upward move, with $3.60 emerging as the next logical target. XRP Price Update As of report time, XRP is trading at $3.04, following a daily high of $3.13 and a low of $2.91. Despite recent volatility, the asset has managed to hold above key psychological support at $3.00, keeping the bullish thesis intact. The current price marks a minor intraday loss of approximately 1.9%, which analysts attribute to normal market fluctuation within a consolidating wedge. Importantly, XRP remains up more than 60% from its mid-July lows, demonstrating sustained investor confidence amid broader crypto market uncertainty. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 What Comes Next: Key Levels to Watch Should XRP break above the wedge resistance around $3.10 with significant volume, technical projections suggest a swift rally toward $3.50. From there, extended targets between $4.00 and $5.00 are possible, particularly if market sentiment improves and institutional demand increases, fueled by ongoing XRP ETF discussions and Ripple’s expanding global footprint. On the downside, a break below $2.30–$2.25 could invalidate the pattern, placing support near $2.10 as a key defense zone. However, most indicators currently favor a bullish resolution. With XRP hovering near breakout territory and momentum quietly building, the next few trading sessions could prove pivotal. If price breaks through with volume, it may confirm what traders have been anticipating: XRP’s next major leg up has begun . For now, all eyes are on the $3.10 level. A decisive move above it could mark the beginning of a significant price surge, validating the bullish wedge setup and propelling XRP toward new 2025 highs. 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 XRP Falling Wedge Pattern Identified. Analyst Says Big Price Breakout Is Coming appeared first on Times Tabloid .
