The crypto market is surging as Ripple's XRP, one of the digital assets, is positioned for a breakout. After months of consolidation, the token has developed into a technical configuration that suggests a multi-year rally is imminent. Analysts have drawn bold parallels between its long-term chart and some of the biggest altcoin breakouts of past cycles.
According to market analyst EGRAG CRYPTO, XRP’s price movement resembles BNB’s pre-2021 accumulation. Both assets spent years trapped beneath a price ceiling, BNB near $600, and XRP just below $2.80. Yet beneath the resistance, they formed higher lows and contracting ranges, indicating a breakout pattern.

XRPUSD vs BNBUSD 1M CHART | SOURCE: X
EGRAG’s chart suggests that this tightening structure could give way to a rise. The analyst predicted a path toward $13 by early 2027, a move that will mark a transition from accumulation to exponential growth.
Historically, such setups precede parabolic spikes once the neckline is cleared. However, for that to unfold, the token must hold above $2.80, a zone that has repeatedly acted as demand.
Separately, analyst Mikybull Crypto identified a distinct cup and handle pattern on the chart. This structure, which often occurs before strong rallies, indicates slow accumulation and a subsequent temporary consolidation. It represents a recovery base built over time, with a brief hesitation before an upside.

XRPUSD 3D CHART | SOURCE: X
Currently, the asset is trading at near $2.83, which is its mid-range support, with the descending channel narrowing and volume subsiding, which signals that sellers are retreating. If price clears the upper boundary, it could project toward the $5-$6 zone, with extended potential into $8-$9 if momentum aligns with the market surge.
Most importantly, the crypto is primed for a huge shift once market sentiment favors the bullish narrative. The combination of structural tightening, historical fractals, and consistently higher lows shows an uptrend. If buyers sustain pressure and Bitcoin keeps its current trajectory, the altcoin could revisit its historical highs sooner than anticipated.
At the time of writing, the token trades near $2.83, showing early signs of accumulation.
Ronny Mugendi is an experienced crypto journalist with four years of professional expertise, having made substantial contributions to multiple media platforms covering cryptocurrency trends and innovations. With more than 4,000 published articles to his name, he is dedicated to informing, educating, and bringing more people into the world of Blockchain and DeFi. Beyond his journalism work, Ronny finds excitement in bike riding, enjoying the adventure of exploring fresh trails and landscapes.