Is XRP About To Replicate Its January Rally ?

While the crypto market oscillates between economic uncertainties and renewed optimism, XRP finds itself once again at the center of attention. On the charts, a familiar pattern reappears, the same one that preceded a spectacular 70 % surge last January. Is it a simple technical coincidence or the precursor to a new bullish rally ? Signals are piling up, analysts are questioning, and the stakes are high : is XRP about to replay its explosive scenario ?

A technical signal in formation : towards a new bullish breakout?

The daily chart of XRP reveals a falling wedge structure, while selling pressure has intensified on crypto.

Currently, the XRP price is moving within this chart pattern well known to analysts. This very setup had preceded a 70 % increase from December 2024 to January 2025.

Such a technical pattern, combined with a rebound on the 50-day exponential moving average (EMA), recalls the context that preceded that surge, propelling the token from $2 to $3.39.

At the beginning of August, an identical structure appears to be forming. XRP is consolidating in a new falling wedge after a strong bullish impulse, while finding technical support on its 50-day moving average (EMA 50).

The currently observed on-chain data reinforce the thesis of a repetition of the bullish scenario :

• The RSI (Relative Strength Index) has returned from overbought levels to stabilize around 50, as was the case before the January rally ;

• The price is testing the upper limit of the falling wedge; a breakout could trigger a target of $3.75, representing a potential +20 % ;

• If it fails, XRP could fall back to the EMA 50, or even down to $2.34, at the level of the 200-day moving average.

The similarities between the two setups suggest that crypto could be on the verge of a new bullish move. However, caution remains warranted as long as the technical breakout is not confirmed.

XRP also appeals on fundamentals

Beyond technical considerations, it is the underlying activity of the XRP Ledger (XRPL) that strengthens the bullish scenario. Indeed, over 70 million transactions were processed on the network in July, while more than one million new accounts have been created since the beginning of the year, according to Dune Analytics.

https://twitter.com/Dune/status/1951282692634583427

In a context where real adoption is often scrutinized as a long-term valuation criterion, these figures offer a sharp contrast with the apparent volatility of crypto. The growth of stablecoins on the XRPL has been a major component of this network dynamic.

The report notably mentions the example of Brazil, where Braza Bank issued over $4.2 million of its stablecoin BBRL on the XRPL network in July, making this token the second largest stablecoin in BRL, just behind Transfero Group’s BRZ.

In the United States, the RLUSD stablecoin, issued by Ripple, saw its daily transfer volume more than double in one month, rising from 5,000 to over 12,000 transfers per day. These elements reflect a growing adoption of tokenized solutions via the XRPL, far beyond mere speculative frameworks.

This rise in real network use could reinforce the positive sentiment surrounding XRP by bringing economic legitimacy to the currently observed chart signals. Furthermore, a more favorable macroeconomic environment, notably a possible Fed rate cut in September, could further catalyze interest in risk assets like cryptos. If the bullish scenario is confirmed, the symbolic $4 threshold could be tested in the coming weeks.