XRP surged 9% over the weekend to reach $1.50, with multiple technical and onchain indicators pointing to a potential “full-scale” bullish breakout.
Key takeaways:
- XRP funding rates and the Bollinger Bands indicator are signaling heightened volatility in the days ahead.
- Meanwhile, XRP’s breakout from a symmetrical triangle pattern has set a technical price target of $2.05.
XRP bullish reversal signals emerge
Data from TradingView shows XRP/USD remains about 60% below its multi-year peak of $3.66 recorded in July 2025 and is still trading 21% under its yearly opening price of $1.83.
Even with the recent pullback, multiple technical indicators continue to point toward the possibility of a bullish breakout.
Crypto analyst Darkfost highlighted XRP’s Binance funding rates as a key signal supporting a potential upward move. According to the analyst, the 30-day funding rate sum on Binance has “remained bearish for nearly three months,” despite XRP gaining 27% during the same period.
The analyst noted that this divergence could indicate growing strength beneath the surface, potentially setting the stage for another rally in XRP/USD.
“When such a strong consensus forms, especially after a correction exceeding 60%, it is often a sign that a potential reversal may be developing.”
Historical trends suggest XRP often posts sharp gains once funding rates rebound after extended periods in negative territory.
A similar setup appeared in April 2025, when XRP climbed to $1.25 before what analyst Darkfost described as a “bullish recovery” that ultimately sparked a 126% rally.
At the same time, the Bollinger Bands indicator — commonly used to measure volatility and price momentum — has tightened to its narrowest range in 10 months, hinting that a major move may be approaching.
On the two-day chart, XRP’s Bollinger Bands have compressed to levels last seen in July 2025, according to market data.
Back in July 2025, XRP/USD soared roughly 90% to a multi-year high of $3.66 after breaking above the indicator’s upper band. The pair also recorded a 72% gain during July 2024 under similar conditions.
Analyst Seth said XRP has printed the “tightest Bollinger Band squeeze in years” on the daily time frame, adding:
“History says this kind of setup resolves with force.”
Recent reports indicate that several technical indicators are signaling a potential bottom for XRP, with some analysts projecting a possible long-term rally toward $12.
XRP symmetrical triangle breakout gains momentum
XRP/USD has moved above a symmetrical triangle formation on the daily chart — a pattern often viewed as a bullish continuation or reversal signal following an extended consolidation phase.
Since February, the pair had been trading within two converging trend lines, with the upper resistance line now turning into support around the key psychological level of $1.40.
If XRP secures a daily candle close above this support zone, the breakout could pave the way for a move toward the pattern’s projected target of $2.05 — approximately 41% higher than the current price level.
At the same time, the moving average convergence divergence (MACD) indicator has crossed above the zero line while flashing a bullish crossover — a signal often associated with strengthening buying pressure. In previous market cycles, similar MACD setups have preceded major rebounds for XRP.
Crypto analyst CW8900 also argued that a “full-scale rise” for XRP could be approaching after the token rebounded from a multi-year support trendline on the three-day chart.
As previously reported, bulls need to push and hold XRP above the $1.40–$1.61 resistance zone on the daily chart to confirm a broader long-term trend reversal.
