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XRP is ready to go, or ushers in a bullish breakthrough

2026-07-18 15:25:47
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XRP is expected to usher in a potential bullish breakthrough

XRP is on the verge of potential gains after experiencing a sharp decline at the beginning of the year. The cryptocurrency plunged 27.1% in the first quarter and fell further 22.4% in the second quarter. Currently, rare technical patterns and strong seasonal data point to the possibility of breakthroughs.

What do the technical signals show?

According to TradingView's daily chart, XRP is currently running in a descending wedge channel. In technical analysis, this pattern is often seen as a late-stage sucking signal, suggesting that the long-term downtrend may be reversed.

The Relative Strength Index (RSI) showed a bullish divergence, further supporting this view, indicating that selling pressure is weakening. In addition, buyers effectively defended a partial bottom around $1.05, which provided support for the bullish scenario.

How do seasonal factors affect XRP?

Seasonal trends show that XRP typically experiences its most stable growth in the third quarter. According to CryptoRank, in the past seven years, the token has never recorded a negative return during this period.

XRP achieved a return of 4.19% in July alone. Historically, midsummer has been good for cryptocurrencies, helping recover from large losses at the beginning of the year. After a sharp decline in June (e.g., a 22.1% decline in June 2026), there is usually a strong rebound.

  • XRP median third-quarter return: 25.8%
  • Duration of sustained price compression: 6 months
  • Analysts believe there is potential for growth in the third quarter

What are the key price levels for XRP?

Currently, XRP hovers around US$1.08 and needs to break through the resistance zone of US$1.12 to US$1.18 to confirm a breakthrough in its wedge shape. Such a trend could lay the foundation for a medium-term target price of $1.45 to $1.60, implying about 50% room to rise from current valuations.

Although the broader market environment and slowing inflows of spot XRP ETFs may temporarily limit immediate gains, continued consolidation within the current pattern is establishing a solid foundation. According to historical data, XRP's average return in the fourth quarter was as high as 133.3%.

In the past seven years, XRP has never recorded negative earnings in the third quarter, and technical signals are now consistent with this seasonal trend, signaling a potential recovery.

As XRP traders and enthusiasts pay close attention, the combination of technical forms and favorable seasonal indicators may guide the token to a significant market recovery in the short term.

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