TL;DR<\/p>\n
XRP breaks out of a multi-month triangle, clearing key resistance and entering a new bullish phase.<\/span> Ripple (XRP) has pushed higher, confirming a breakout from a symmetrical triangle that had shaped price action since late 2024. Descending highs and rising lows formed the pattern, which had a squeezed pattern more than six months before it finally took off in early July.<\/span><\/p>\n As of press time, XRP traded near $3.46 after reaching a session high of $3.58. It has gained over 20% in the past seven days, holding above key former resistance levels. This breakout has opened the door to new technical targets on the upside.<\/span><\/p>\n Crypto analyst Ali Martinez has shared a chart indicating XRP could reach $6. Fibonacci levels drawn from the previous move show $4.17, $4.63, and $5.01 as possible resistance points. The final extension at $6.12 aligns with this projection. The 1.0 Fibonacci extension at $3.40 has already been crossed, which supports the view that further gains could follow.<\/span><\/p>\n $XRP<\/a> targets $6 after breaking out of a triangle! pic.twitter.com\/8VJ5DD2eOE<\/a><\/p>\n \u2014 Ali (@ali_charts) July 21, 2025<\/a><\/p>\n\n Another analyst, CryptoWZRD, <\/span>pointed<\/span><\/a> to $3.65 as the next level to monitor. A break above that zone would likely confirm continued strength. Above $3.65, targets include $4.20 and a wider range between $4.60 and $4.70.<\/span><\/p>\n In addition, intraday charts show wide swings in price, but the structure remains intact. The $3.40 level is acting as intraday support. If the asset can clear $3.65, analysts expect momentum to pick up again. Until then, market participants are watching for a clean structure to form for new setups.<\/span><\/p>\n The broader trend remains in favor of buyers as long as XRP stays above key short-term levels. XRP\/BTC also closed strong on the daily chart, helping fuel interest.<\/span><\/p>\n The rally follows new US Congress legislation to aid crypto industry advancements. Bills such as the GENIUS and CLARITY Acts are progressively getting <\/span>clearer<\/span><\/a> regulations, and perhaps that is seizing the interest of bigger investors.<\/span><\/p>\n Meanwhile, ProShares <\/span>launched<\/span><\/a> a futures XRP ETF, offering more exposure through traditional platforms. On-chain activity is also increasing. Wallet data <\/span>shows<\/span><\/a> XRP addresses have now surpassed 7.2 million, the highest level on record.<\/span><\/p>\n The post Ripple (XRP) Eyes $6 After Bullish Breakout, Says Analyst<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" TL;DR XRP breaks out of a multi-month triangle, clearing key resistance and entering a new bullish phase. Analysts highlight $4.20\u2013$6.12 as the next targets, using Fibonacci extensions to chart the asset\u2019s possible path. XRP network hits 7.2M wallets as new US bills and ETF launch boost investor confidence. XRP Clears Multi-Year Triangle Pattern Ripple (XRP) […]<\/p>\n","protected":false},"author":0,"featured_media":82718,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/82717"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82717"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/82717\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/82718"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nAnalysts highlight $4.20\u2013$6.12 as the next targets, using Fibonacci extensions to chart the asset\u2019s possible path.<\/span>
\nXRP network hits 7.2M wallets as new US bills and ETF launch boost investor confidence.<\/span><\/p>\nXRP Clears Multi-Year Triangle Pattern<\/h2>\n
Analyst Sees $6 Target Based on Fibonacci Projections<\/h2>\n
On-Chain Growth and U.S. Policy Shift Add Context<\/h2>\n