The past week has been brutal for XRP holders, who have watched the token plummet by 14%, leading to widespread frustration and the coin being sarcastically dubbed a “stable coin.” Yet, as fear grips the market, top technical analysts are signaling that this slump is not a capitulation but the final “coiling” phase before an unprecedented price surge.
A recent analysis by Nick from Cheeky Crypto highlights a bullish counter-narrative, suggesting that the XRP chart is primed for an explosive breakout that could see the token reclaim its all-time high and potentially soar into the double digits.
Is XRP Ready for an Explosive Breakout? Technical Analysis Insights
For those exhausted by XRP’s historically slow pace, the technical outlook offers a compelling reason to shift from fear to anticipation. Analyst Mickey B’s 3-week chart analysis describes XRP’s setup as “explosive” and suggests the asset is nearing the end of a long consolidation period.
The core of the bullish thesis rests on two technical factors:
- The Coiled Spring: XRP has been moving sideways in a tight range, consolidating directly above a robust, long-term moving average support line, resting near the $2.50 mark. This pattern is often referred to as a “spring being coiled up,” signifying immense pressure building for a powerful directional move.
- The ABC Corrective Pattern: Mickey B identified an ABC corrective pullback that appears to be finishing its “timeout phase.” This indicates the token may be gearing up for the next major leg upwards, translating the recent 14% pain into a prelude for significant gains.
Major XRP Price Targets: $6.28 to $38 on the Horizon
Using Fibonacci levels, analysts have outlined a series of increasingly ambitious XRP price targets once the current resistance is broken.
| Target Level | Analyst | Significance |
| $3.25 | Mickey B | Major resistance point; breaking this validates the bullish momentum. |
| $6.28 | Mickey B | New All-Time High (ATH), eclipsing the previous 2018 peak. |
| $8 – $26 | Charting Guy | Further upside targets projected by another prominent analyst. |
| $38 | Alex Cobb | Speculative “what if” target, representing a 1,400% gain that could challenge Bitcoin’s market cap. |
Specifically, breaking the $3.25 resistance point is viewed as the key trigger that could rapidly catapult XRP toward a new ATH of $6.28. Furthermore, both Mickey B and other chartists hint at a potential run extending into the double digits (e.g., $10 or more) if the momentum truly ignites.
The SEC Lawsuit Cloud is Lifted: A Stronger Foundation for XRP
This bullish forecast is underpinned by a significantly de-risked legal landscape. Nick in the original analysis recalled holding through the chaotic SEC lawsuit that began in late 2020, which caused major exchanges to delist XRP and the price to collapse.
The critical turning point came in 2023 when a judge ruled that XRP is not a security on the secondary market. This clarity was cemented when the SEC and Ripple dropped all remaining appeals in August 2025, completely lifting the legal cloud that had suppressed the asset for years. With the regulatory uncertainty gone, XRP now has a stronger foundation for a monumental price move.
Strategy: A Generational Opportunity During Fear
For long-term holders, the volatility is a reminder of the lessons learned by those who held through previous lows (like 11 cents and 17 cents).
The prevailing advice among the bullish camp is to adopt the famous Warren Buffett line: “Be greedy when others are fearful.” The current 14% dip is not a loss; it is being framed as a potential “setup” and a generational opportunity for investors who can afford to take on the risk.
Disclaimer: This video and summary is based on technical analysis and speculative predictions from cryptocurrency commentators. It is for informational and educational purposes only and does not constitute financial advice. Cryptocurrencies are highly volatile, and you could lose all the money you invest. Always perform your own research and consult a qualified professional before making any investment decisions.