Bitcoin

XRP Could Rise 60% Due to ‘Highly Rare Continuation’ Setup, Veteran Trader Asserts

Main to remember::

  • A veteran merchant sees a potential of 60% to $ 4.47 in the coming months.

  • The strongest weekly gain in XRP since November and records the accumulation of whales signaling increasing institutional confidence.

  • Onchain’s feeling shows the XRP transition to the “belief-concept” phase.

XRP is preparing for a significant price escape, according to the chartist veteran Peter Brandt.

XRP could come together around $ 4.47 then

In its latest update of the XRP graphic, Brandt highlights a configuration of Fulcrum of “composed of very rare continuation” forming on the table of weekly XRP / USDT prices, claiming that its resolution could push the pair of around 60% to $ 4.47.

XRP / USDT Endemaire price tamceur. Source: Peter Brandt

The “compound point of support” generally resembles a complex basic formation, often made up of multiple smaller models (such as failed breakdowns, minor ranges or corners) that develop over time.

Each failing movement adds to the confusion of the market, shaking with weak hands while stronger players accumulate.

Once the balance breaks, the price often moves to the underlying trend, generally up if the market is in a global trend. A break below the support line nearly $ 1.80 could however invalidate the configuration.

XRP Return whales The best weekly price gains since November

Brandt’s upward perspectives occur while XRP has published its strongest weekly performance since the end of November, increasing around 25% during the week ending on July 13 in the middle of a broader force of the cryptography market.

XRP / USD daily price board. Source: tradingView

Supporting the rally, the number of portfolios holding at least 1 million XRP has climbed to a record level, suggesting growing confidence among major holders.

The signs of “Altcoin season” have further improved XRP potential to rally in the coming months, with the santly of onchain data resources:

“As long as Bitcoin can maintain its position above the level of crucial psychological support of around $ 110,000, traders will probably feel comfortable to redistribute the benefits in altcoins.”

Source: Maxcryptoxx

Metric XRP Onchain shows no sign of capitulation

Onchain feeling data also supports the optimistic case of XRP.

XRP has gone from the “Optimism – anxiety” phase in “denial of belief”, an area which often signals an increase for more upwards, according to the unrealized Net metric of the loss of profit (NUPL) of Glassnode.

XRP NUPL VS Prices comparison graph. Source: Glassnode

In the previous cycles in 2021 and at the end of 2020, XRP entered the “Euphoria – GREED” area before net price corrections.

This is not the case in July 2025, however, because Nupl shows an increasing condemnation of investors, without a sign of panic sales, suggesting a healthier and more sustainable rally.

In relation: Will XRP have reached new heights when Ripple will participate in the top of the American Web3 Senate?

The metric seems to have strengthened Brandt’s point of view according to which XRP forms a stronger base for a potential rise to $ 4.47.

This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.