The price of XRP could begin a historic rally above the $2,40 level. Analysts see the possibility of a new rally similar to the one in 2017.
Experts are keeping an eye on XRP, which appears to be on the verge of a significant surge. According to analysts, if the price manages to break above the $2,40 barrier, it could trigger a historic rally, something not seen since the famous 2017 rally.
This key level of $2,40 acts as a kind of "gateway" to a strong upward movement, which could attract many investors and change the market dynamics. The expectation is high, and all eyes are on how XRP will perform in the coming days. If it manages to break this resistance with volume, the path to new highs could open wide.
BUY XRP ON BIT2MEXRP: Between Calm and Storm
XRP has been stuck between $2,00 and $2,40 for the past three months, showing notable resistance that has halted its advances. However, experts and analysts remain focused on a potential bullish momentum that could materialize significantly between now and the end of the month. early July and mid-September this year.
Well-known market analyst Egrag Crypto highlights the formation of A symmetrical triangle on the XRP monthly chart, a technical pattern historically associated with sharp and decisive price movements. This combination of stagnation and technical readiness has generated a climate of expectation, signaling that XRP could be very close to unleashing a significant new phase of growth.
However, for this positive trend to be confirmed, the price of XRP must consolidate above $2,40. This level acts as a key barrier that, if overcome, would open the doors to aspiring to ambitious goals in the market, such as reach $8 and even reach $27, figures that, although they may seem distant at present, are seriously considered by the most optimistic analysts.
On the other hand, in a bearish scenario, if XRP loses the sensitive support located at $2,27, it could face a pullback towards $2,20 or even $2,13 levels, which would jeopardize the recently achieved positive trend and could cool expectations of an immediate rally.
Correlation: Bitcoin could drive the next leap
A crucial point in the analysis presented by the experts is the strong correlation that XRP maintains with Bitcoin, with an index of 0,91, indicating that the movements of the main cryptocurrency considerably influence XRP's behavior. If Bitcoin manages to sustain its strength near $110.000, this synergy could catapult XRP into a sustained and significant rally. This fact highlights the importance of closely monitoring the overall conditions of the crypto market, led by Bitcoin.
BUY XRP WITHOUT HASSLEIs XRP about to repeat its historic 2017 rally?
Market sentiment is another factor that is diluting skepticism and paving the way for a potential rally. Many influential figures and experts agree that XRP is on the cusp of a historic rally, especially if it manages to break through that crucial $2,40 threshold. Among them is Mikybull Crypto, a highly followed technical analyst on social media, who commented:
“I’ve seen this movie before. A 2017-like surge is coming.” said.
His comparison is not accidental, as, according to him, the current configuration of XRP's price on the weekly chart shows a bullish pennant that closely resembles the structure prior to the explosive rally of more than 1.300% that XRP starred in 2017.
This parallel with past events suggests that, if this pattern repeats, XRP could reach levels close to $14, which would represent an impressive 530% increase from current prices. This prospect has sparked renewed interest and expectations among market followers, who see XRP as an opportunity for significant growth over the medium-term horizon. The key will be XRP's ability to consolidate the breakout of the aforementioned level and maintain the positive pressure that volume and other technical signals can confirm.
Experts prepare for a possible XRP jump
Behind these expectations, there are also external factors such as the evolution of the regulatory environment, institutional adoption, technological development driven by Ripple, and, mainly, the resolution of the legal case with the SEC and the possible approval of an XRP spot ETF in the US market.
Each of these elements can act synergistically to reinforce the validity of an upward movement or, conversely, create obstacles that limit price development. However, technical analysis and current market readings suggest that, in the event of a positive scenario, XRP could be one of the most significant players in the crypto market in the second half of 2025.
TRADE SAFELY WITH XRP HEREOf course, in a world as volatile as that of cryptocurrencies, patience and risk management are key. Volatility can be an ally for those who know how to read market signals, but also a challenge for those seeking stability. While XRP remains in a tight range, expectations for a major breakout grow daily.
Investing in cryptoassets is not fully regulated, may not be suitable for retail investors due to high volatility and there is a risk of losing all invested amounts.
