XRP Is Preparing for Final Expansion Phase This Cycle. Here’s the Price Target

Crypto market analyst Mikybull (@MikybullCrypto) has suggested that XRP may be preparing for its final expansion phase in the current market cycle. In a recent post accompanied by a detailed chart, he outlined a long-term structure showing XRP consolidating before potentially breaking into a significant upward move.

Chart Structure and Technical Context

The chart shared by Mikybull covers XRP’s price action from its early trading years to 2025, plotted on a three-month time frame. It illustrates a clear pattern of cyclical accumulation followed by steep expansions, a structure that appears to be repeating.

Each cycle begins with a prolonged period of price compression under a horizontal support level and above a rising trendline, followed by a strong breakout that leads to new highs. This forms an ascending triangle with a massive rally once the asset overcomes the upper resistance.

The first pattern, visible between 2014 and 2017, indicates a series of ascending lows that led to a breakout in late 2017. The second structure, beginning around 2020, displays a similar ascending triangle formation, again building upward pressure along a diagonal support line.

The current position of the chart suggests that XRP has broken above the same horizontal resistance level that preceded the earlier breakout, indicating a potential continuation of this cyclical behavior.

Repeating Market Formation

Mikybull’s chart highlights how XRP’s price movement appears to mirror its historical breakout pattern. The first major expansion occurred after an extended consolidation phase and a steady climb above a key resistance zone. A similar setup can be seen in the current cycle, where the price is once again testing a comparable resistance.

According to the analysis, XRP is testing this zone with momentum indicators aligning closely with past pre-breakout conditions. The long-term structure, therefore, suggests that the asset could be approaching another period of accelerated price movement if it maintains upward support and surpasses the established resistance band.

Price Targets and Market Outlook

Mikybull marked a “red band target” on his chart near the $7 range, representing the initial level of potential expansion. He further noted that if the move extends beyond that level, XRP could reach between $11 and $15.

These targets correspond with Fibonacci projection levels and previous zones of exponential growth identified in earlier cycles. The digital asset is currently trading around $2.40, and these targets suggest rapid and massive growth in its immediate future.