Analyst Remains Extremely Bullish On XRP. Here’s why

The mere suggestion that “extreme bullishness” applies to a cryptocurrency invites skepticism—especially in markets where overnight reversals are the norm. Yet, this week XRP’s price narrative delivered such clarity that some observers now view its trajectory with renewed ￰0￱ to CryptoBull’s published X post, one of the most persuasive signals is that XRP closed the week decisively above a year-long uptrend line —a technical milestone that, analysts argue, has the potential to reshape sentiment and position the token for continued ￰1￱ Breakout: Validating the Long-Term Slope Trendlines drawn across months of XRP’s price action are not mere chart aesthetics but reflections of sustained market ￰2￱ supplies drawn from highs and lows since late 2024 have formed a rising diagonal support, and, as CryptoBull notes, the weekly close above that line elevates its importance from tentative guide to confirmed structural ￰3￱ effect, resistance that once threatened to cap upside may now act as a ￰4￱ shift is especially significant in trending markets: when price breaks above a long-held trendline on volume and holds it, the old ceiling often becomes the new floor. #XRP closed the week above year long ￰5￱ bullish! ￰6￱ — CryptoBull (@CryptoBull2020) October 13, 2025 Multiple market watchers affirm that the week’s rebound carried volume backing and conviction in its latter sessions, effectively ending the week in a zone of ￰7￱ reports that XRP recovered nearly USD 30 billion in market value during the move, with a sharp late-session push helping to seal the weekly close above projection ￰8￱ tactical recovery supports CryptoBull’s interpretation of the structure as being more than a fleeting ￰9￱ Psychology: What Changes After the Close The importance of closing above the trendline matters more than intraday ￰10￱ signals that bulls remained in control until the end, deterring momentum sellers and implying an institutional backdrop that views the level as ￰11￱ course, for skeptics, it could be an overreach if the price fails to hold or reverses ￰12￱ for technical strategists, this kind of test-and-confirm scenario often triggers renewed entries on pullbacks to the line.

Furthermore, traders will now recontextualize prior resistance zones—such as the familiar $2.70–$3.10 band—as zones of near-term opportunity rather than immediate ￰13￱ fact, top traders have flagged that reclaiming $2.70 in recent weeks was critical; this week’s structure gives that level renewed ￰14￱ Projections & Risks With the structural bias leaning bullish , projection methodologies point toward meaningful upside—should momentum ￰15￱ chart models propose long-range targets at $14 and even $28, based on extensions of long-term ￰16￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Meanwhile, more near-term approaches peg resistance between $3.05 and $3.12 as key hurdles; a sustained breakout above those could shift market ￰17￱ said, the bullish case is not ￰18￱ critical pivot lies in failing to hold above that trendline; a decisively negative weekly close beneath it would erode confidence and draw attention to lower supports near $2.50 or ￰19￱ indicators (RSI, MACD) and volume behavior will carry extra weight as confirming ￰20￱ warn that overextension or divergences must be heeded as early warning ￰21￱ to Watch Now For traders and observers alike, the immediate test is follow-through price action above resistance zones and retention of support on ￰22￱ accumulation on-chain, institutional reentry, and fresh macro drivers (e.

g. regulatory developments, ETF news) could further validate the bullish structural ￰23￱ CryptoBull’s assessment implies, this week’s close didn’t guarantee a parabolic run—but it reshaped the bias and elevated odds in favor of sustained upside, assuming discipline and risk management stay ￰24￱ is not a guarantee—but if price respects the newly minted support and continues upward, the technical groundwork laid this week may prove pivotal in XRP’s next ￰25￱ : This content is meant to inform and should not be considered financial ￰26￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰27￱ are urged to do in-depth research before making any investment ￰28￱ action taken by the reader is strictly at their own ￰29￱ Tabloid is not responsible for any financial ￰30￱ us on Twitter , Facebook , Telegram , and Google News