Seasoned market analyst CryptoBull has published a new technical forecast on XRP’s short-term trajectory.
In a tweet accompanied by a chart showing the XRP/USD 4-hour time frame on Bitstamp, CryptoBull stated, “XRP will breakout of this bullish falling wedge and climb towards $4 within the next 2 days!”
The chart highlights a falling wedge pattern that has been forming since mid-July, bounded by two descending trend lines converging at a point just beyond August 4. This pattern typically implies a potential reversal to the upside, and CryptoBull is projecting a sharp move that could take XRP up to the $4 level.
At the time the chart was posted, XRP was trading near $2.99, with the candle formation remaining within the confines of the wedge. The price action has continued to compress as it approaches the apex of the pattern.
#XRP will breakout of this bullish falling wedge and climb towards $4 within the next 2 days! pic.twitter.com/rTQwXQD5d1
— CryptoBull (@CryptoBull2020) August 1, 2025
Price and volume have declined, consistent with the formation of a falling wedge. Historical market behavior suggests that such setups often lead to a breakout, especially when met with increased volume near the wedge’s end.
The chart’s structure visually reinforces the forecast, with both the lower and upper trend lines containing the price action, while converging toward early August. If the projected breakout occurs as indicated, the move to $4 would represent a roughly 33% increase from the current levels.
XRP Community Weighs in with Varying Outlooks
Other market participants responded to CryptoBull’s analysis with varying interpretations and expectations regarding timing and volatility.
X user Adam Johnson commented, “Timescales are always dangerous, but I like the optimism!! I won’t hold you to it, kudos if you’re right and if not I’m sure it’s coming in the relatively short term.” His message conveyed cautious optimism. It highlights the difficulty in predicting precise breakout timing, while also expressing general agreement with the direction of the forecast.
Another commenter, Mary Star, also provided her view, writing, “I think it could be something more like 3-5 days with the possibility of dropping as low as mid to high 2.70s first, but I’m pretty new to this so don’t trust what I say lol.” Her remarks suggested a slightly more conservative outlook, expecting a dip before a sustained upward move.
Although she expressed less confidence in her prediction, her assessment still pointed toward eventual bullish momentum aligning with the structure highlighted by CryptoBull.
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XRP Key Price Levels and Chart Dynamics
The price levels shown on the chart include horizontal lines marking significant ranges, particularly around the $3.00 zone, which currently serves as a key pivot area. The lower boundary of the wedge appears to provide structural support slightly above $2.80.
A brief wick below this level is visible around July 24, but the price quickly rebounded back inside the wedge. On the upside, the declining resistance line has capped recent price attempts to rise, forming a tight range now nearing a breakout point.
Volume bars below the candlesticks indicate waning trade activity during consolidation, a common feature before potential high-volatility moves. The 200-day moving average line is also visible but remains beneath the wedge, reinforcing the current consolidation as taking place above longer-term support.
XRP Market Context and Near-Term Implications
CryptoBull’s forecast comes at a time when XRP has shown resilience in holding above key support areas despite broader market fluctuations.
The proposed $4 target, if achieved, would bring XRP closer to levels last observed during bull market cycles. The two-day time frame suggested by CryptoBull introduces a short-term trading hypothesis rather than a long-term investment thesis.
While the final direction of the move remains contingent on confirmation from price and volume action, the falling wedge structure shown on the 4-hour chart meets established technical criteria for a bullish continuation pattern.
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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