Top analyst Batman just shared a chart that has XRP traders buzzing again. He pointed out that XRP price might be repeating one of its most bullish patterns, and the setup looks almost identical to the last two times the token pumped hard.
He believes that, ignoring one freak market candle from the recent Trump tariff news, XRP’s price action still looks clean and strong, and could be gearing up for another move higher.
What Is The XRP Chart Saying?
Let’s start with the structure. XRP price has been following a clear ascending trendline since April. It’s already tested this support twice, once in May and once in July, and both times, the price bounced sharply afterward.
Now, it’s doing it again. This third touch of the same line has caught traders’ attention because, in technical analysis, that’s often a sign of trendline strength. Each retest builds more confidence that this level is where smart money keeps stepping in to buy.
The current range around $2.30–$2.40 is key. If XRP price holds that line again, history suggests it could launch another powerful rally just like before.
Ignoring the “Abnormal Candle”
Batman also mentioned the “Trump tariff abnormal candle”, that wild, short-lived wick caused by panic selling during the market crash. When you take that candle out of the equation, XRP’s chart looks much cleaner.
The price action still respects the trendline perfectly, and that’s what matters. This tells us that the underlying market structure wasn’t broken; it just got temporarily distorted by an external shock.
So, when you zoom out, the trend is still intact, and XRP price is holding up far better than many other altcoins right now.
Why This Level Matters
This blue trendline on the chart isn’t just another random support; it’s the backbone of XRP’s current uptrend. It’s where bulls have consistently defended the price, and it’s now acting as a confidence zone for traders.
If XRP price can keep trading above it, the next targets are likely the $2.80–$3.00 range, where the last rallies topped out. A breakout above that could even open doors for new highs later in Q4.
However, if the price slips below the trendline with volume, it could trigger a deeper pullback, potentially toward $2.00. For now, though, momentum remains bullish.
Moreover, that’s exactly how Batman wrapped up his analysis, and he’s right. The entire bullish thesis hinges on one thing: the trendline must hold.
Every time XRP price has tested this line in the past, it has bounced back stronger. So as long as it doesn’t break, the pattern stays bullish and another pump remains on the table.
Right now, the chart is telling a simple story: buyers are still in control, and XRP’s next move could be explosive if the support holds one more time.