XRP Eyes $11.5 Breakout as Analyst Flips Bearish Pattern

• XRP compresses tightly as analysts highlight a critical breakout decision zone
• Analyst suggests the flipped chart reveals a hidden bullish falling wedge structure
• A break above $1.80 could trigger a rally toward the ambitious $11.5 target

XRP market activity has intensified as price continues compressing within a tight multi-year structure, drawing increased attention from traders who are closely monitoring key levels that could define the next macro move. At the same time, a new interpretation of the chart has begun to shift sentiment, as traditional bearish readings are now being challenged by alternative structural analysis that suggests a different outcome.

According to EGRAG CRYPTO, what many traders initially viewed as a rising wedge may not be bearish as widely believed, since flipping the chart reveals a falling wedge formation that typically signals bullish continuation. This perspective significantly alters how market participants interpret current price behaviour, as it suggests that what appears to be weakness could instead represent a prolonged accumulation phase preparing for expansion.

Currently, XRP trades within a compressed range between approximately $0.90 support and $1.80 resistance, while the price continues to interact closely with the 100 EMA, which still applies downward pressure and prevents a confirmed breakout. Additionally, XRP recently touched the 222-week moving average, a level that has historically played a crucial role in marking cycle bottoms and initiating long-term upward trends.

Despite these developments, the market has not yet established a clear directional trend, as price remains in a consolidation phase characterised by tightening volatility and repeated rejections near resistance. Consequently, traders remain cautious while waiting for confirmation signals that would validate either a bullish breakout or a deeper pullback scenario.

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Break Above $1.80 Could Trigger Expansion Toward $11.5 Projection

The bullish scenario depends on a decisive break and close above the $1.80 resistance level, which, according to the analyst, could trigger a strong expansion toward $3.20 as the first major upside target within the current structure. Moreover, if momentum continues building beyond that level, the projected measured move could extend toward $11.5, reflecting a broader macro breakout aligned with historical cycle patterns.

This projection draws from XRP’s previous market cycles, where extended consolidation phases often preceded substantial price expansions once resistance levels were decisively broken. Therefore, a confirmed breakout could signal the beginning of a new upward phase rather than a temporary rally.

On the other hand, failure to break above resistance could lead to a decline toward the $0.90 support zone, where a potential liquidity sweep may occur before any meaningful reversal takes place. Furthermore, the analyst noted that such a move would likely involve a retest of the 222-week moving average, which has historically acted as a strong foundation for price recovery.

XRP remains in a decisive phase as compression continues to build within a well-defined range, with both bullish and bearish scenarios still in play depending on how price reacts at critical levels. A confirmed breakout above resistance or a retest of support will ultimately determine the next major trend, while traders continue to monitor the structure for clear confirmation signals before committing to a directional view.

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