Is the pause in XRP's pump just a prelude? Charts suggest that after breaking through 3.25 dollars, it may soar towards 7 dollars.

Ripple (XRP) staged an astonishing rebound in the summer of 2025, soaring 61% from $2.27 to $3.65, reaching a new high for several months. However, as the price faced resistance at the high, XRP entered a pullback and formed a typical falling wedge pattern—this technical structure is often a precursor to a new round of rise. Despite an increase in selling pressure from exchanges in the short term, several analysts believe that once it breaks through the key resistance at $3.25, XRP is expected to initiate a strong rally aiming for $5–7.

From Symmetrical Triangle to 61% Surge: The First Phase of Rise

Looking back from December 2024 to July 2025, XRP oscillated and consolidated for a long time within a symmetrical triangle, forming lower highs and higher lows during this period, with volatility gradually converging.

Breakthrough Opportunity: Mid-July 2025

Price increase: $2.27 → $3.65 (+61%)

This breakout marks the full return of bullish strength, but after encountering resistance at $3.65, the price began to consolidate and entered a technical correction phase.

Falling wedge pattern: Bullish reversal signal

After reaching a peak, XRP pulled back and formed a falling wedge, currently trading around $2.82 and has tested the support area of $2.70–$2.69 multiple times.

Support level: $2.70 (breaking below may test $2.50–$2.40)

Resistance level: $3.00–$3.10 (A breakthrough will open up space for a rise to $3.18 or even $3.65)

On the technical side, a falling wedge is often seen as a bullish reversal pattern. If it breaks upward, it is usually accompanied by increased volume and a rapid rise.

Indicators and Analyst Perspectives: Is Historical Structure Repeating Itself?

Money Flow Index (MFI 14): 56.85, indicating stable buying pressure, not yet entering the overbought area.

Analyst CRYPTOWZRD: Comparing the current structure with the 2017 bull market, believes that the longer the consolidation period, the stronger the subsequent breakout.

Weekly chart observation: Historically, after a long period of consolidation, XRP often experiences a significant rise, and this time may be no exception.

Potential Concerns: Exchange Balances Hit New Highs

Although the technical aspect is bullish, on-chain data is signaling caution. According to a report by CryptoPotato, Binance's XRP balance has surpassed 3.55 billion coins, setting a new historical high.

This usually means an increase in selling chips, which may put pressure on prices in the short term, leading to a slowdown in the upward momentum.

Key Price Levels and Potential Targets

Short-term key range: $2.00–$3.25

Breakthrough condition: Effectively stay above 3.25 USD

Upside target: $5.00–$7.00 (consistent with historical cycle pump)

If the price breaks through 3.25 US dollars with increased trading volume, it will confirm that bulls have regained control, and it is expected to replicate the explosive market of 2017.

Conclusion

The current pullback and consolidation of XRP may just be a period of accumulation before the next major pump. Although the increase in exchange chips brings short-term pressure, the technical structure, indicator signals, and historical comparisons all point to one conclusion – after breaking through $3.25, XRP has the potential to embark on a new journey towards $5–7. For investors, the upcoming resistance breakthrough battle will be a key moment in determining the market direction.