Amonyx (@amonbuy), a prominent figure on X, posted a strong statement about XRP’s future price action, telling community members they are not ready for XRP’s next moves. He shared a long-term chart suggesting that XRP could be on the verge of a major breakout, potentially reaching prices far beyond current levels.
The chart displays XRP data throughout its history on a log scale, includes Ichimoku indicators, and a clear long-term ascending channel. XRP appears to have broken out of a multi-year descending trendline that began in 2018, signaling the end of an extended consolidation phase.
According to the visual analysis, XRP’s recent movement places it back inside a rising channel, with a projected move toward the upper boundary.
⚠️⚠️⚠️ WARNING: YOU ARE NOT READY FOR WHATS COMING NEXT !! #XRP 💥🔥 pic.twitter.com/Y6NB4zS5Ho
— Amonyx (@amonbuy) May 4, 2025
Technical Patterns and Ichimoku Alignment
At the time of Amonyx’s analysis, XRP traded around $2.2, a level it hasn’t held consistently for some time. The asset has also held above $2 for most of 2025, as it crossed this level in December 2024.
Veteran financial expert Peter Brandt predicted in late 2024 that surpassing the 2021 peak of $1.96 would pave the way for a bigger surge, and the asset’s rally to $3.39 in January 2025 is just the start.
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The chart’s technical structure is built around parallel trendlines forming an upward-sloping channel. Within this framework, Amonyx shows that XRP’s current setup is targeting $35, showing over 1,490% increase. While Amonyx did not provide a specific timeline, the chart suggests the asset could hit this target in early 2026.
The Ichimoku Cloud layered over the price chart reinforces the bullish setup. The digital asset has moved above the Tenkan-sen and Kijun-sen indicators, which reflect short- and medium-term momentum. Additionally, the cloud itself has flipped positive. These are often interpreted as strong signs of trend continuation in traditional technical analysis.
XRP’s Upcoming Breakout
A key feature of Amonyx’s chart is the breakout from the long-standing downtrend that capped XRP’s growth since 2018. This breakout, combined with the broader channel forming as far back as 2014, signals a potential return to XRP’s historical growth path.
Amonyx has shared many bullish predictions for XRP, recently showing a potential path to $50 for the digital asset. Many market participants and experts share his bullish stance, and the digital asset’s positive technical setup supports their sentiment.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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