A surge of optimism is sweeping through the XRP community as respected crypto analyst Amonyx signals the early stages of a major price breakout. In a recent X post, Amonyx presented a compelling long-term chart comparison that suggests XRP may be on the brink of a parabolic move—one that mirrors Bitcoin’s historic 2017 bull run.
Symmetrical Triangle Breakout Suggests Explosive Move
Amonyx’s analysis highlights a significant technical development on XRP’s monthly chart: a breakout from a symmetrical triangle that has taken shape over the past six years. This pattern, defined by converging trendlines of lower highs and higher lows, typically precedes strong directional moves. According to Amonyx, XRP has decisively broken above this triangle’s resistance, confirming a bullish reversal.
To drive home the magnitude of this setup, Amonyx compared XRP’s current structure (top chart) to Bitcoin’s price action in the years leading to its monumental surge in 2017 (bottom chart).
MASSIVE $XRP BREAKOUT INCOMING!!!
STAY POSITIVE pic.twitter.com/woi1sM5XG0
— Amonyx (@amonbuy) June 22, 2025
In both cases, the breakout occurred after a prolonged period of consolidation, followed by a sharp rally. For Bitcoin, that breakout led to a move from under $1,000 to nearly $20,000. The suggestion is that XRP could follow a similar trajectory, potentially rewriting its all-time high.
Current Price Action and Key Levels
As of report time, XRP is trading at $1.99, holding firm above the key $1.80–$1.90 zone. This area, previously a strong resistance, has now turned into support following the triangle breakout. Its ability to hold above this level reinforces the bullish case and signals strength among buyers.
The chart shared by Amonyx points to the next major target at $6.39, based on the 1.618 Fibonacci extension. Beyond that, all eyes are on the previous all-time high of $3.84. If XRP maintains its current momentum and breaks past that psychological barrier, it could enter price discovery territory, where upside potential becomes exponential.
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Volume has also started to increase—an important confirmation for any breakout. Sustained volume will be crucial in validating this bullish structure and attracting further investor interest.
Community Sentiment and Market Outlook
Market sentiment around XRP is improving fast. With Bitcoin holding steady above $100,000 and altcoins showing renewed strength, capital is rotating into undervalued assets with strong technicals, and XRP is increasingly fitting that profile.
Amonyx’s call to “stay positive” has struck a chord with long-term XRP holders, many of whom have endured extended periods of stagnation. Now, with legal clarity improving and institutional attention returning to altcoins, XRP may finally be poised to fulfill its long-anticipated breakout potential.
In summary, XRP’s breakout from a long-term symmetrical triangle is a technically significant moment. Backed by increasing volume, strong support levels, and bullish sentiment, the setup points toward a potentially massive rally ahead. As Amonyx puts it, stay positive. The next chapter for XRP could be its most explosive yet.
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 advised to conduct thorough 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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