Is XRP Preparing for a Breakout as Analyst Highlights Bullish Channel

XRP is currently trading at 1.37 dollars, reflecting a decline of nearly 15 percent over the past week and about 33 percent over the last month. Despite ongoing bearish pressure, a prominent analyst believes the long term chart structure points to a potential turning point.

According to analyst Arthur, the monthly timeframe reveals an ascending channel that has been respected for nine years. The lower boundary of this channel lies between 0.85 and 0.95 dollars, roughly 30 percent below the current price. He suggests this zone could serve as an attractive entry area for institutional investors who have not yet reentered the market.

Arthur emphasized that his outlook is based on long term structural analysis supported by macro trends and historical volume patterns. He noted that the largest surge in XRP trading volume occurred between November 2020 and April 2021. In comparison, the 2024 rally above 2 dollars was accompanied by significantly lower volume, indicating that major institutional capital may still be absent.

Derivatives data also reflects cooling speculation. Over the past month, XRP futures open interest has declined sharply across major exchanges, suggesting traders are unwinding leveraged positions rather than adding new exposure. Such behavior is often seen during transitional phases before a new trend develops.

Beyond technical analysis, Arthur pointed to broader macro developments that could support XRP. These include regulatory clarity following the resolution of Ripple’s legal battle with the United States Securities and Exchange Commission, the rollout and expansion of RLUSD, and increased institutional adoption of Ripple’s technology. He also highlighted growing interest in tokenization and the development of institutional grade infrastructure.

Historically, XRP has staged strong recoveries after prolonged downturns. The asset traded near 0.30 dollars during the 2018 bear market before rallying to 1.70 dollars in 2021. It later consolidated around 0.35 dollars in 2022 before surging above 2 dollars in late 2024 and reaching a record high of 3.65 dollars in July 2025.

While short term momentum remains weak, the analyst argues that long term structural and macro factors could set the stage for a significant breakout if key support levels hold.