Market analyst Matt Hughes, widely known as The Great Mattsby, has presented a technical case that XRP is positioned for a major breakout. Matt’s long-term chart analysis highlights a pattern of former resistance levels transforming into strong support 0 analyst views it as a foundation for the asset’s next upward 1 Critical Price Levels Using the Gann Fan tool on XRP’s weekly chart, Hughes identified how historic peaks have shifted roles in the current 2 2018 and 2021 highs, which once acted as ceilings, no longer restrict upward momentum. Instead, they now provide structural backing for the market. A key example is the $1.96 peak recorded in 3 to Hughes, XRP’s ability to hold above that price for weeks demonstrates underlying 4 earlier $0.5 to $1 range, which capped rallies for years, has also been surpassed and left 5 argues that this progression reflects a maturing price structure that can sustain higher 6 area of greatest importance in his analysis is the $3 7 has occasionally traded below it but has consistently reclaimed the 8 regards this behavior as evidence of persistent 9 maintains that once $3 is established as firm support, XRP will be in position for a breakout move comparable to previous rally 10 $XRP still moon?
Absolutely! Its not if, its 11 look at this Gann Fan and see all the previous resistance levels flipped to 12 are flipping the final boss level to support now 13 — The Great Mattsby (@matthughes13) August 28, 2025 Current Market Position At the time of writing, XRP is priced around $2.86, following a recent attempt to push above $3.65 in July was rejected. However, this level was a new all-time high , showing the potential strength of a breakout in the current 14 describes the $3.00 zone as the decisive line. A confirmed hold above it would validate the structural breakout, while continued failure to secure the level could extend the consolidation 15 his view, the outcome is not a question of possibility but of 16 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 What’s Next for XRP?
Raoul Pal, CEO of Global Macro Investor, supports the broader bullish narrative with a market-wide 17 observes that capital is shifting away from Bitcoin into other assets showing growth potential. Ethereum, he argues, has already demonstrated strength, Solana appears to be following, and XRP is now moving into its own expansion 18 also points to XRP’s history of long consolidation cycles followed by sharp 19 2014, he notes, weekly chart patterns have repeatedly formed triangles that preceded significant upward 20 believes the current setup beneath $3 resembles those earlier stages, and stated that XRP is in the “process of full porting.” Disclaimer : This content is meant to inform and should not be considered financial 21 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 22 are advised to conduct thorough research before making any investment 23 action taken by the reader is strictly at their own 24 Tabloid is not responsible for any financial 25 us on X , Facebook , Telegram , and Google News
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