XRP move is inevitable, no Plan B

Key Points:

• XRP forms bullish setups including a falling wedge and Elliott Wave structure.
• Derivatives volume surged 167%, with rising open interest and long-heavy positioning.
• Bollinger Bands tighten, indicating reduced volatility and a likely explosive price move.
  

XRP is showing strong signs of a major move as technical indicators tighten and analysts highlight key breakout levels. The token currently trades near $2.91, and momentum continues building across spot and derivatives markets.

XRP analyst Dark Defender identified a potential breakout on the weekly chart, where XRP trades just under a descending resistance line. He notes a possible Elliott Wave reversal, with projected resistance targets at $3.35, $4.39, and $5.85.

According to him, XRP is completing a corrective A–E pattern, aligning with a bullish structure seen in Elliott Wave theory. He expects a breakout in Q4 2025, underlining that “there is no Plan B.”

Steph Is Crypto, another prominent analyst, observed a falling wedge on the daily chart, a bullish continuation pattern forming since XRP’s July rally. Price surged from $1.80 to $3.60 in July, and now consolidates between converging trendlines.

Steph explains that XRP trades near the lower wedge boundary around $2.80, suggesting a breakout could soon target the $3.20 and $3.60 levels. The setup reflects a strong trend continuation if resistance breaks.

He also highlighted narrowing Bollinger Bands on the daily chart, indicating lower volatility and a potential sharp move. The Bollinger Band Width indicator confirms this squeeze, reflecting similar levels seen before XRP’s July surge.

Steph referenced past price behavior, when the BB squeeze in June–July led to a breakout from $1.70 to over $3.60. Current BB compression suggests a similar price reaction may follow if momentum builds.

Derivatives activity supports bullish sentiment among traders

Derivatives markets also reflect growing confidence in XRP’s next upward move, as both volume and open interest rise sharply. Trading volume surged 167% to $5.61B, while open interest climbed 4.44% to $7.74B.

Options activity is increasing rapidly, with volume jumping 549% and open interest rising by nearly 47% as traders position for volatility. These figures indicate both speculation and hedging activity are intensifying.

Binance’s long/short ratio stands at 3.18, while top traders show an even stronger ratio of 3.44 in favor of longs. OKX traders also favor the upside, with a long/short ratio of 2.65.

Short positions continue to face liquidations, with over $668K wiped out in 12 hours versus $376K in long liquidations. In the last hour, $143K in shorts were cleared, underscoring the current bullish bias.