The XRP price traded near the flatline recently, dropping below $2.15 support, despite a surge in the broader crypto market.
Amid this, a renowned expert has revealed a potential XRP price breakout timeline this cycle. It has caught the eyes of the market watchers.
Besides, a flurry of market analysts also shared insights on where the Ripple price might be heading in the near future.
So, here we explore the recent performance of the asset while taking a look at the crucial price levels ahead.
XRP Price Consolidates But Derivatives Data Hints Otherwise
The Ripple price has been in the consolidation phase for a long time, with market participants eagerly waiting for a major catalyst to boost its value.
Notably, XRP price today dropped below $2.15 support, after staying in the flatline yesterday. It traded at $2.08, after dropping over 2.98% in a day.
The crypto had touched a 24-hour high and low of $2.23 and $2.18 on the previous day. The weekly performance of Ripple’s coin was also somewhat flat, while the monthly chart shows a plunge of more than 9.32%.
Meanwhile, the crypto’s Relative Strength Index (RSI) stayed at 49, indicating that the asset is in a neutral state for now. Besides, it also indicates that the crypto might witness a robust rally ahead.
Simultaneously, CoinGlass data showed the XRP Futures Open Interest rose around 5% during writing. This indicates that the investors are staying bullish on the future trajectory of the coin.
What Lies Ahead for Ripple?
A flurry of experts has shared key insights on the future trajectory of the coin. For context, in a recent X post, analyst EGRAG CRYPTO said that the XRP price’s current chart pattern resembles a classic triangle formation.
These formations often lead to breakouts, he noted, while highlighting the potential timeline.
He said that based on a 334-day triangle pattern, the breakouts historically occur between 75% and 95% of the pattern’s duration.
That places the expected window between early July and mid-September 2025.
Besides, evaluating the past market cycles, EGRAG CRYPTO also said that the XRP price could aim for a much higher price at around $17.50.
Meanwhile, another expert, CasiTrades, also offered a short-term bullish outlook for the Ripple price.
According to her analysis, XRP price must breach the $2.25 resistance to continue its rally ahead. Besides, she noted that the crypto has found strong support at $2.145.
Having said that, she said that she will remain bullish as long as the crypto holds this crucial support.
On the flip side, she noted that clearing the $2.25 resistance is likely to trigger a robust rally in the crypto’s price, potentially to $2.69.
Considering all these, it seems that XRP might continue its run to the north in the near future. While the $17.5 target may appear overly optimistic, many analysts agree that a $10 to $15 price range is not out of the question, especially if bulls remain in control.
