Professor Astrones, a widely followed trader in the crypto community, has identified a bullish XRP structure with the likelihood of a new all-time high.
In a recent analysis, he called the setup “pumpy,” noting that XRP is moving within a narrowing range following a strong rally earlier this year. The chart shows a descending triangle pattern, which could break upward soon.
Notably, XRP is currently trading near $2.97, holding above a strong support zone around $2.60–$2.80, an area that has repeatedly attracted buying pressure in recent weeks. As a result, XRP’s price has not fallen below $2.60 since the breakout that took it to $3.66 in July.
Key Technical Structure for XRP 70% Price Surge
Notably, Astrones’s chart highlights a descending resistance trendline stretching from the mid-2025 highs. XRP has been testing this upper boundary, but each retest is tightening the price action and reducing volatility.
Should XRP decisively break above this trendline, it could mark a continuation of its previous bullish leg. According to Professor Astrones, the $5 level is the next major price target, marking a new all-time high.
For a coin trading at $2.97 at press time, this target promises a potential gain of nearly 70% for current holders. Also, a $5 price would give XRP a market cap of approximately $300 billion, about half the current size of Ethereum.
Meanwhile, several other analysts have also shared similar price targets for XRP’s next breakout in various analyses.
What Other Analysts Are Saying About XRP Price Action
Last week, trader CryptoWZRD predicted a major XRP breakout as it consolidates near its all-time high of $3.84. He believes the longer XRP stays in consolidation, the stronger its price expansion will be upon breakout.
CryptoWZRD believes breaking the $3.66 resistance could quickly push XRP to $4.50, calling it “inevitable”. At $3.00, XRP needs just a 21% gain to break out, and a further 23% to reach the new target.
On the other hand, analyst Blake Stonks emphasizes that XRP’s bullish structure is anchored by a long-term ascending trendline that began in late 2024.
As long as XRP stays above this line, currently near $2.50–$3.00, the uptrend remains intact. The trendline has consistently acted as dynamic support, with buyers stepping in at each dip.
Meanwhile, analyst EGRAG highlights a separate long-term resistance line, dubbed “The Chasm,” which has also been trending upward. He believes this pattern could eventually send XRP above $10 as time progresses.
Bitcoin Sets the Tone for XRP’s Move
Overall, these bullish outlooks for XRP come as Bitcoin sets the tone for a Q4 blow-off top, having reached a new all-time high above $126K. Accordingly, eyes are now on XRP to see just how high it can go.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
