XRP is flashing strong bullish signals on the weekly chart, hinting at a potential trend reversal. According to respected crypto analyst Cryptoinsightuk, if XRP closes the week at its current level or higher, it will mark the first bullish engulfing candle on a higher low since its local top in January. This technical formation could signal the end of the recent consolidation phase and the start of a renewed uptrend. Bullish Engulfing at a Higher Low A bullish engulfing candle occurs when a larger green candle completely engulfs the previous week’s red candle, indicating strong buying pressure. This pattern, especially when formed on a higher low, is often seen as a reliable indicator of a shift in market sentiment. In XRP’s case, this could be the clearest sign yet that the downtrend has run its course and accumulation is nearing completion. $XRP weekly showing promising signs. If we close here or above for $XRP on the weekly, it will be the first time we've seen a Bullish Engulfing candle on a higher low since our local top back in January. This could suggest that we are finishing our recent consolidation /… pic.twitter.com/gn0eYvyI2O — Cryptoinsightuk (@Cryptoinsightuk) June 26, 2025 Cryptoinsightuk believes this pattern is especially significant because it follows a period of sideways movement and lower volatility. If the weekly close confirms the bullish engulfing setup, it may lay the foundation for a sharp breakout in the near term. Critical Resistance Ahead XRP currently sits just below a long-standing descending trendline. A move of roughly +8% from current levels would push the price above this resistance—a key technical milestone. Breaking through the trendline could unleash significant upside momentum, as XRP has historically made aggressive moves once major resistances are cleared. While an 8% gain may seem like a sizable jump, Cryptoinsightuk notes that such a move is well within XRP’s typical volatility range. Once bullish momentum kicks in, price action could accelerate quickly. RSI and Stochastic RSI Crossovers Could Confirm Strength Momentum indicators are also aligning with the bullish case. Both the Relative Strength Index (RSI) and the Stochastic RSI are on the verge of a bullish crossover on the weekly timeframe. These crossovers are often used to confirm shifts in market momentum and can serve as early signals of sustained bullish trends. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 If both indicators cross in the coming days, it would add further credibility to the idea that XRP is preparing for a breakout. Momentum would likely build rapidly, drawing increased attention from traders and short-term investors. Consolidation May Be Ending XRP has spent months trading within a tight range, frustrating both bulls and bears. However, this extended period of low volatility and accumulation often precedes explosive moves. Recent price action shows that buyers are gradually stepping in, and the structure of higher lows suggests growing confidence. With key technical patterns and indicators pointing in the same direction, XRP may be gearing up for a significant breakout. The next few days could prove critical in confirming this shift. In summary, if XRP can secure a strong weekly close and push above the descending trendline, it could mark the start of a major bullish phase. Cryptoinsightuk’s analysis suggests that the conditions are aligning—and if a breakout occurs, it could happen fast. 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 Weekly Showing Promising Signs: Here’s Why the Next Few Days Are Important appeared first on Times Tabloid .
