The XRP price may soon experience a significant shift, according to recurring trends in its historical chart. Investors watching the crypto market are speculating whether this might be the final opportunity to purchase XRP at its current low levels before a potential breakout.

Analyzing XRP’s Historical Price Patterns

XRP has shown several repeating patterns over past market cycles. Each time the token consolidates in a specific range and crosses a distinct moving average, it has often triggered a rally. One such indicator is the 21 Exponential Moving Average (EMA) on the weekly chart. In earlier cycles, breaking above this EMA has marked the beginning of sustained upward movements.

Crypto analyst Eric Finance recently highlighted how XRP’s past behavior could provide insight into its current setup. Historically, the price has tended to linger beneath the 21 EMA for extended periods, only to rise sharply once reclaimed. The same condition appears to be forming again, raising speculation that XRP may be on the verge of another surge.

Technical Indicators Point to a Familiar Setup

In the previous major bull runs, XRP dipped below its 21-week EMA before reclaiming it and eventually breaking out. These patterns aren’t guaranteed predictors, but they offer useful context for assessing where the market might be headed.

Currently, XRP is trading below this threshold, with lower-than-usual volatility dominating its chart. This price compression typically precedes a larger move, according to technical analysts. As of this writing, traders are keeping an eye on a possible breakout zone that mirrors earlier accumulation ranges seen in 2017 and 2020.

What Could Trigger the Next XRP Rally?

Market conditions, broader crypto sentiment, and legal clarity around Ripple’s ongoing case with the U.S. Securities and Exchange Commission (SEC) remain key drivers of XRP’s future price movement. If these elements align, and technical indicators continue to hold, XRP could follow historical trends upwards.

However, it’s important to note that historical performance doesn’t guarantee future results. While XRP might replicate previous price rallies, traders should still manage their risk through proper research and strategy. Additional ecosystem developments and regulatory news could heavily impact its trajectory.

Is This the Final Discount Window?

With chart patterns aligning in similar ways to past breakout moments, some believe this could be the last discounted price range for XRP before an upward shift. Traders focused on long-term positions are watching the charts closely, evaluating whether now is an opportune time to enter or enhance their positions.

If XRP crosses critical resistance points, particularly its weekly 21 EMA, the likelihood of a substantial rally increases. But until such confirmation occurs, short-term fluctuations and resistance tests should be expected along the way.

Related: XRP Price: $12M Max Pain for Bears

Chart depicting XRP’s historical price action and moving average interaction.