Ripple’s XRP is once again in the spotlight as technical analysts point to bullish signals that could drive the token’s price to new heights. Recent chart formations and key support levels are fueling speculation about a significant rally, with some experts eyeing targets as high as $22.
Bullish Candle Patterns on the Yearly Chart
Crypto analyst Egrag Crypto has identified a notable bullish candle formation on XRP’s yearly chart. According to his analysis, the current “Candle 13” could be the breakout that propels XRP toward $13 or even $22. This projection is based on historical patterns, particularly referencing the strong bullish engulfing sequence that began several years ago and has continued through recent annual closes.
Egrag highlights that the body of Candle 13 sits above $1.85, with a wick extending to around $3.40. He suggests that a yearly close above $3.40 would confirm a move into double-digit territory, while a close below $1.85 could signal the end of the current bullish cycle. The analyst also notes that December 31, 2025, could be a pivotal date for XRP, as the yearly close will reveal whether this bullish momentum holds.
Key Support and Resistance Levels
Another analyst, CasiTrades, points out that XRP has returned to the $2.25 range—a historically significant level that has acted as both resistance and support since the breakout from $0.50. She emphasizes that daily closes above $2.25 are crucial for confirming a bullish pivot, while a failure to hold this level could see XRP testing support at $1.90.
At the time of writing, XRP is trading around $2.21, reflecting a slight pullback but still hovering near this critical zone.
Market Context and Broader Predictions
While Egrag Crypto’s $22 target is ambitious, it aligns with a broader trend of bullish sentiment among some analysts. Other forecasts for 2025 range from conservative estimates of $1.60–$8.40 to more optimistic scenarios of $15 or even $27, contingent on breaking key resistance levels and favorable regulatory developments . The consensus is that XRP’s next major move will depend on its ability to sustain momentum above established resistance zones and attract continued market interest.
What to Watch Next
• Yearly close above $3.40 could confirm a major breakout
• Daily closes above $2.25 are key for short-term bullish confirmation
• Support at $1.90 remains critical if the current level fails
As always, crypto markets remain volatile, and past performance is not indicative of future results. Investors should monitor key technical levels and broader market trends before making decisions.
