XRP Pundit Says Pay Attention To This Pattern That Everyone Is Missing

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. A crypto analyst known as Blacksea has revealed that the XRP price has formed a major bullish price pattern that appears to have gone largely unnoticed by the broader market. The expert noted that the last time this setup emerged, XRP rallied by triple-digit percentages and went on to set a new price high.

If history were to repeat itself, the cryptocurrency could be on track for a similar parabolic price surge this cycle. Such a move could completely end XRP’s ongoing downtrendand position it firmly in a renewed bullish phase.  Related Reading Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation Strategy 1 day ago XRP Prints The Same Pattern That Triggered 2024 Rally 

On June 6, Blacksea notedthat XRP has once again formed the same falling wedge patternit previously printed in 2024. At that time, the cryptocurrency was trading around $0.5before the structure fully developed, eventually leading to a massive 600% upside move.

Looking back at the 2024 chart, XRP traded tightly within the falling wedge, with repeated swings and compression between the upper and lower trendlines. While price action fluctuated sharply, XRP eventually broke down briefly below the lower boundary of the wedge pattern. That false breakdownmarked a turning point, as momentum quickly shifted and price reversed aggressively higher. This ultimately led to a surge past $1.5, delivering the historic rally.

According to Blacksea, XRP could be gearing up for the same parabolic price surge. The cryptocurrency is currently trading inside its wedge with repeated price declines and compression, although it has not yet broken below the lower boundary. If a breakdown occurs, it could mirror the 2024 behavior, serving as a final shakeoutbefore a strong reversal.

Blacksea expects that such a move could fuel a fresh recovery for XRP, likely setting the stage for a renewed bullish trend and possible attempts at new all-time highs. Ahead of this projected rally, the analyst is urging traders and investors to position early and manage risk carefully to protect against sharp downside volatility if the pattern fails to play out as expected. XRPUSD currently at $1.07. Chart: TradingView Analyst Predicts XRP Price Dip Before Explosive Rally

In a separate post, crypto analyst Celal Kucuker shareda bullish outlook for XRP but warned that the move may unfold only after another major price correction. He pointed to a Cup & Handle patterncurrently forming on the XRP chart, forecasting a potential explosive rally toward the 1.618 Fibonacci Extension level above $14. 

Kucuker explained that before XRP can reach this ambitious target, its price is expected to extend its current downward trend, potentially dropping sharply toward $0.9. The accompanying chart shows that further weakness around this region could invalidate XRP’s bullish structureand open the door to a deeper decline near $0.48. 

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However, Kucuker’s chart also suggests that if price holds the $0.95 support and stages a strong rebound, the next upside target would likely be around $1.5. From there, the analyst projects a jump to $3.66, representing a roughly 282% surge from $0.95. Following that, XRP could then accelerate toward the analyst’s final target around $14.1, a level that would mark a staggering 1,378% rally from the former $0.95 support area.

Featured image from Pexels, chart from TradingView