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HomeCrypto NewsMarketHere’s How High XRP Could Go if It Mirrors BNB’s Push Past $1,000

Here’s How High XRP Could Go if It Mirrors BNB’s Push Past $1,000

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A well-known market strategist believes XRP is currently following the path set out by BNB amid the rally to $1,000.

Notably, XRP has slipped back under the $3 mark as the broader crypto market faces new downward pressure. The drop has made traders cautious, as they watch to see if the token will hold its next support levels. 

However, despite this short-term weakness, some analysts believe XRP could soon follow BNB’s recent breakout and set up for a rally well above $5. Specifically, Charting Guy recently compared the price charts of BNB and XRP and pointed out some interesting similarities. 

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XRP Following BNB Fractal
XRP Following BNB Fractal | Charting Guy

BNB’s Path to $1,000

Notably, on the weekly chart, BNB lost momentum after its 2021 peak of $693 in May of that year. Following the local top, it spent years forming lower highs, all connected by a descending trendline. At the same time, it kept bouncing around the $200 zone, especially from 2022 to late 2023, creating a flat support level in this region. 

After BNB cleared the resistance at the descending trendline in late 2023, it saw an initial uptick but didn’t immediately explode. Instead, it traded sideways inside a rectangular accumulation zone for months, stretching through late 2024 and into early 2025. 

However, when the bullish momentum finally returned, confirmed by a bullish crossover on the weekly oscillator, BNB broke out of the range in July 2025 and hit a fresh all-time high above $1,000, reaching $1,082 before facing new resistance.

XRP Following the Same Pattern

Interestingly, XRP’s daily chart shows the same setup. Specifically, since late 2024, following its breakout from the $0.5 level, XRP has trended lower under a descending resistance line while holding firm around $2 support. 

In July 2025, it broke the trendline and rallied past $3.6 before stalling in a sideways box between roughly $2.7 and $3.6. XRP has maintained a price action within this box for nearly two months.

BNB 1W Chart and XRP 1D Chart Charting Guy
BNB 1W Chart and XRP 1D Chart | Charting Guy

However, the daily oscillator has now flashed a bullish crossover, almost identical to the one that triggered BNB’s breakout earlier this year. XRP currently trades around $2.9, but Charting Guy’s charts indicate that it might be placing itself at the same stage BNB was in before its surge.

The resemblance between the two charts is hard to ignore. Specifically, both assets show the same sequence: a steep decline from highs, multiple tests of a flat base, a breakout from a falling resistance line, a sharp spike, and a consolidation phase inside a rectangle. 

For BNB, this structure ended with a breakout to record levels above the $1,000 price milestone. If XRP repeats the script, a move above $5 could be next, also marking a new all-time high.

XRP Short-Term and Long-Term Outlooks

Despite this promising outlook, XRP’s short-term price action is shaky. EGRAG Crypto recently warned that the 50-day EMA is on track to meet XRP around $2.77. He said a clean break below that level could send the token lower, with $2.65 standing as the most important support for the next bull run. 

Meanwhile, DustyBC also urged caution, pointing out that XRP’s recent swings have lacked conviction. He noted the token rallied briefly after the FOMC meeting but then dropped again, leaving it stuck in sideways action. 

XRP 4h Chart DustyBC
XRP 4h Chart | DustyBC

He stressed that XRP must hold above the 200-day EMA, since a fall below it would show that recent rallies were only fakeouts.

On the other hand, long-term projections remain far more bullish. Analyst AllInCrypto has a target of $19.20 for XRP, arguing that the bigger trend still points higher once market momentum turns.

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.

Author

Sam Wisdom Raphael
Sam Wisdom Raphael
Sam Wisdom Raphael is a seasoned crypto news writer and journalist with 5 years of experience covering blockchain, DeFi, and crypto developments. Sam's active presence in the crypto community complements his deep understanding of the crypto space, allowing him to craft comprehensible price analysis reports and tackle technical blockchain concepts.

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