XRP has just confirmed a major technical breakout , signaling what many believe could be the start of a powerful upward trend. The digital asset, which fuels Ripple’s global payment network, has broken free from a long-standing descending resistance, igniting renewed excitement across the cryptocurrency market. As of report time, XRP is trading at $2.77, up 1.41% on the day, and showing strong signs of bullish momentum. This breakout was spotlighted by prominent crypto analyst JackTheRippler, who posted on X, “Major XRP breakout confirmed! Prepare to become wealthy.” His post included a chart clearly showing XRP smashing through a descending triangle that has held the price down since late 2024. A Classic Technical Breakout The chart reveals that XRP had been consolidating within a descending triangle, characterized by lower highs and a flat support around $1.78. This pattern had compressed XRP’s price action for several months. But in early July, a surge in volume propelled the token above the upper boundary of the triangle, confirming a textbook breakout. Major #XRP breakout confirmed! Prepare to become wealthy. pic.twitter.com/emIMuB9tHP — JackTheRippler © (@RippleXrpie) July 12, 2025 Technical analysts often view such breakouts as strong bullish signals. The projected price target from this pattern points to a move toward the $3.40–$3.60 range, which would mark XRP’s highest level in years. The breakout has also flipped former resistance into support, strengthening the case for a continued rally. Strengthening Fundamentals Support the Surge While technicals are key, fundamentals are increasingly aligning in XRP’s favor. The upcoming ProShares XRP ETF, set to begin trading on July 18, has added institutional interest to the mix. In addition, Ripple’s recent filing to establish Ripple National Trust Bank has sparked speculation that XRP could become an essential bridge asset in a new, tokenized financial system. Market confidence in XRP is also benefiting from the imminent resolution of its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC) . With legal clarity improving and Ripple’s ecosystem expanding globally, XRP is being viewed less as a speculative token and more as a utility-driven asset. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The Road Ahead Investors are now eyeing the $3.00 psychological level as the next key milestone. If broken with conviction, it could trigger a wave of FOMO-driven buying, potentially accelerating XRP’s climb toward its all-time high of $3.84, last seen in January 2018. As always, some short-term pullbacks may occur, but the broader trend has shifted. The recent breakout, backed by strong volume and improving sentiment, positions XRP as one of the most promising digital assets heading into the second half of 2025. With momentum building, technical resistance behind it, and fundamentals strengthening, XRP’s path forward looks brighter than ever. As JackTheRippler boldly stated—“ prepare to become wealthy ”, the stage may be set for XRP’s most significant rally yet. 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 Major XRP Breakout Confirmed: Expert Says Prepare to Become Wealthy appeared first on Times Tabloid .
