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- XRP is retesting a long-term breakout, and analysts project targets as high as $36.
- Multiple analysts see bullish patterns with near-term resistance at $3.07 and $3.60.
XRP has entered a critical technical phase that several market analysts suggest could define its trajectory for the coming months. After rebounding from early September lows, the token is now retesting a key breakout level that many believe sets the stage for a potential multi-year rally.
Community analyst Dark Defender pointed out that XRP has followed two cups throughout history. The initial cycle, which lasted from 2013 to 2017, ended with a breakout above $0.024, spawning the famous rally to $3.31 in early 2018. After that peak, XRP started to form a second and much larger cup pattern.
That pattern continued from 2018 to 2025, with resistance near $2. The breakout above that neckline earlier this year was an important milestone, but the asset has since retreated to retest the zone.
Dark Defender noted that holding above this level is crucial for XRP to maintain its bullish trend. He drew Fibonacci targets at $5.86, $18.23, and $36.77, and dubbed the move a “flight of the phoenix.” Other voices in the community have echoed similar optimism. Stedas noted a bull flag on the weekly chart while noting that a push above $3.60 may open door targets at $6, $13, and $23.
Analysts Stress Short-Term Levels
EGRAG CRYPTO pointed out that the current retest of XRP is slightly lower than the breakout point due to the descending channel formation. He emphasised the significance of maintaining short-term support at $2.85 as he cautioned about a possible fall to $2.65 in case of a seller takeover.
#XRP Cross & Push 🧵( What's Next):
Here’s a step-by-step breakdown of how I built my analysis and anticipated the upcoming move under the post Titled " Cross & Push)📊🔍
Go through the thread and take a look! 🧵✨and get into the details and explore what’s likely to happen… pic.twitter.com/wTuisEjziF
— EGRAG CRYPTO (@egragcrypto) September 16, 2025
EGRAG advised traders to watch for closes above $3.07 and $3.13 levels that he considers essential for neutralising downside risks. Without those confirmations, he suggested the possibility of XRP re-entering its former range.
Meanwhile, Tyler Hill of Fluence Global supported projections of $8.50 by November. He noted Fibonacci extensions at $4.45, $6.16, and $8.52 and emphasised that the relative strength index is still playing support without evidence of overbought conditions.
Whale Distribution Clears Path for Potential Rally
Beyond chart formations, whale activity has played a significant role in shaping recent price action. Trader Ali Martinez claimed that there were large holders who were distributing around 160 million XRP between late August and mid-September. This selling pressure may have eliminated excess supply and paved the way for renewed accumulation.
Following this distribution phase, XRP went from $2.94 on September 9 to $3.18 on September 13. Martinez also flagged a TD Sequential buy signal that manifested on September 15, pointing to renewed bullish momentum.
Additionally, corporate activity is adding weight to XRP’s growth narrative. VivoPower International revealed plans to add to its XRP holdings through a mining swap strategy. Its subsidiary Caret Digital will mine Bitcoin and Litecoin assets, which will subsequently be exchanged directly for XRP.
The company, which entered the XRP holding in May 2025 with an investment of $121 million, has grown its operations by buying discounted mining equipment. VivoPower’s flexible approach balances mining swaps, direct purchases, and equity exposure.
