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The Major Breakthrough of XRP Has Been Confirmed: Experts Say Prepare to Get Rich
XRP has just confirmed a significant technical breakout, signaling what many believe could be the start of a strong bullish trend. The digital asset, the backbone of Ripple's global payment network, has broken out of a prolonged descending resistance level, sparking renewed excitement across the crypto market. As of the time of reporting, XRP is trading at $2.77, up 1.41% on the day and showing strong signs of bullish momentum. This breakout has caught the attention of famous crypto analyst JackTheRippler, who posted on X, "XRP has confirmed a strong breakout! Get ready to get rich." His post included a chart clearly showing that XRP has broken out of a descending triangle pattern that has been suppressing prices since the end of 2024. A Classic Technical Breakthrough The chart shows that XRP has been accumulating in a descending triangle pattern, characterized by lower highs and a flat support level around $1.78. This pattern has restrained XRP's price volatility for several months. However, at the beginning of July, a spike in trading volume pushed the price above the upper boundary of the triangle, confirming a textbook breakout.
Technical analysts often view such breakouts as strong bullish signals. The price target projected from this pattern indicates that XRP will move towards the 3.40–3.60 dollar range, marking a multi-year high. This breakout has also turned the old resistance level into support, reinforcing the potential for continued bullish movement. Strengthening the Fundamental Platform to Support the Rise to the Sky Although technical factors are key, fundamental factors are increasingly supporting XRP. The ProShares XRP ETF fund is set to launch, expected to start trading on July 18, which has attracted more interest from institutions. Additionally, Ripple's recent application to establish Ripple National Trust Bank has sparked speculation that XRP could become an essential bridge asset in a newly tokenized financial system. The market's confidence in XRP is also benefiting from the impending resolution of the long-standing legal battle with the U.S. Securities and Exchange Commission (SEC). With improved legal transparency and the Ripple ecosystem expanding globally, XRP is being viewed as a more utility-driven asset rather than a speculative token. The Road Ahead Investors are currently targeting the psychological level of $3.00 as the next important milestone. If broken with strong conviction, this level could trigger a wave of buying driven by FOMO sentiment, potentially accelerating XRP's rise to the sky to its all-time high of $3.84, last recorded in January 2018. As usual, some short-term pullbacks may occur, but the overall trend has changed. The recent breakout, supported by strong trading volume and improved market sentiment, has made XRP one of the most promising digital assets heading into the second half of 2025. With the growth momentum, solid technical resistance, and strengthened fundamentals, the future path of XRP is brighter than ever. As JackTheRippler boldly stated - "get ready to become wealthy", this phase may be ready for the strongest bullish wave of $XRP ever. {spot}(XRPUSDT)