XRP has emerged from a months-long consolidation with renewed bullish momentum, reigniting trader interest in its next major price target.
According to EGRAG CRYPTO’s recent chart update, $3.65 remains the key macro level to beat, based on a confirmed bullish pennant breakout on the weekly timeframe.
The pennant formation, a classic continuation pattern, follows a strong upward pole beginning in late 2023. The recent breakout in July 2025 validates the pattern, with XRP now hovering near $0.90 but showing signs of aiming significantly higher. Fibonacci extension targets suggest the next resistance levels lie at $1.91, $3.17, and $3.65, with long-term potential stretching even further to $4.68, $6.89, and $11.27, according to the chart.
Momentum indicators also support the bullish case, with volume rising and XRP outperforming many large-cap altcoins over the past two weeks. However, as EGRAG emphasizes, $3.65 is a macro target that may take time and multiple attempts to overcome, especially if Bitcoin begins to consolidate or retrace.
For now, XRP remains in breakout mode, and many analysts are watching the $1.91–$2.20 zone as the next short-term challenge. If bulls maintain pressure, the path toward $3.65 becomes increasingly realistic.
Despite recent gains across select DeFi and RWA tokens, Bitcoin continues to dominate the crypto landscape, with the Altcoin Season Index sitting at 43/100, according to today’s CoinMarketCap data.
XRP is back in the spotlight after crypto analyst EGRAG CRYPTO highlighted a powerful historical pattern on the weekly timeframe—the bullish crossover of the 21 EMA and 55 SMA.
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