Ripple’s XRP Approaches Major Levels After Historic Technical Breakout

XRP is trading at $2.51 after breaking a seven-year pattern. Analysts expect more gains as ETF news and accumulation point to continued strength.

Ripple’s XRP is trading at $2.51 at the time of writing, showing a slight increase over the past 24 hours. The price action follows a major breakout from a long-standing technical pattern that had kept assets within a range for seven years.

Since that move, XRP has been trading within a range, with strong interest keeping it above previous resistance levels.

Breakout from long term chart pattern

XRP recently broke above the upper trendline of a symmetrical triangle that has determined its price for almost a decade. This move pushed the asset past key levels, including the all-time high candle closes and the 2021 highs. Since the breakout, the market has entered a steady phase, with the price consolidating between $2.00 and $3.00.

According to market analyst ChartNerd, this area is now acting as a key range for accumulation. The former resistance has turned into a support zone, which could form the basis for future price movements. The analyst noted that this structure has remained stable for almost a year and shows no sign of weakness so far.

📣 $XRP broke out of a 7-year symmetrical triangle and has since rallied above the previous ATH candle closes and the previous 2021 highs for almost 12 months. Signals significant power and momentum. Alignment with bullish developments and regulatory clarity = HIGHER pic.twitter.com/HurHJ77nTw

— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) October 31, 2025

As previously reported, analysts have compared the current XRP structure to 2017, with models still pointing to a move above $5 this cycle.

Moreover, price models based on Fibonacci extensions point to possible future levels of $8, $13 and $27. These are taken from past price activity and the height of the previous triangle pattern. Additionally, a long-standing rising trendline and three-month exponential moving average continue to drive the market higher.

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ChartNerd remains confident in the outlook as long as the value remains above the breakout zone. “The macrostructure remains intact,” the analyst postedindicating that the longer-term chart still supports an upward continuation.

Short-term uncertainty around key price levels

While the long-term picture remains stable, the short-term charts show mixed signals. CRYPTOWZRD pointed out that XRP closed the last daily candle slightly lower and said the upcoming monthly close could influence its next move. The analyst added that any decline below that level could lead to more sideways action:

“Holding above $2.55 is bullish territory.”

Meanwhile, there is short-term resistance at $2.75, which could lead to a sharp rise if broken. On the other hand, $2.27 is seen as the next support level.

Market activity and ETF update

Recent technical indicators, including the TD Sequential tool, have issued a sell signal following the recent rally. This tool has been used to predict price changes and has worked well in previous XRP cycles. In addition, data shows that major investors have reduced their positions in recent weeks CryptoPotato reported.

It is notable that there is also renewed attention to the possible launch of a spot XRP exchange-traded fund. Canary Capital recently updated its filing with the U.S. Securities and Exchange Commission. The removal of a key delay clause suggests the ETF could go live as early as November 13.