The Decade-Long Pattern That Could Push XRP Toward $6

XRP’s recent price action has sparked renewed discussion about the asset’s recurring technical patterns. While the token touched $2.83—a level closely monitored by market analysts—the broader narrative revolves around repeating price cycles that have defined XRP’s trajectory since 2014.

A Pattern Repeating Across Cycles

Renowned macro analyst Raoul Pal has documented a striking observation: XRP exhibits consistent behavioral patterns across multiple market cycles. His historical chart spanning from 2014 to 2025 reveals a recurring theme—periods of consolidation followed by powerful directional moves. According to his analysis, these phases alternate between compression and explosive breakouts, with each cycle building on the last.

The first cycle (2014–2017) demonstrated extended consolidation that eventually broke above $3.00 in early 2018. The second cycle (2018–2020) featured a falling wedge formation—a textbook bullish reversal pattern—that propelled XRP toward $1.80 during the subsequent bull run. The third cycle (2021–2024) replicated this framework: April 2021 rally, extended consolidation in the $0.40–$0.50 range, followed by a late 2023 breakout through the $1.50–$2.00 level.

Each phase followed the same playbook: rapid advancement, prolonged consolidation, then renewed upside momentum.

Current Setup Mirrors Previous Breakout Zones

Today’s price structure suggests XRP is preparing for another significant move. The asset is currently forming a symmetrical triangle pattern near the $3.00 level—a continuation signal that indicates accumulation rather than exhaustion. This technical formation has historically preceded directional breakouts in prior cycles.

At the $2.83 level, XRP aligned with key projection points tracked by technical observers. The consolidation zone between $2.40–$2.80 represents short-term resistance, while broader resistance sits at $1.60–$1.80. Support levels cluster around $3.10–$3.20.

The Bull Case and The Risk Scenario

A decisive break above the $3.10–$3.20 support band would open a pathway toward $5–$6, testing levels that approach XRP’s all-time high of $3.65. This move would represent a substantial extension from current levels and would validate the continuation pattern embedded in the symmetrical triangle.

Conversely, a breakdown below the $2.40–$2.80 zone would likely send XRP retreating to the $1.80 area, resetting the technical setup for the next accumulation phase. However, given the established pattern across three complete cycles, most technical analysts view the current positioning as setup-favored for upside extension rather than downside capitulation.