Pluang Cautious source
XRP signals potential major breakout with possible 50% gain following seven years of positive Q3 closes
Overall sentiment: Very positive
Published Jul 18, 2026 · Retrieved Jul 18, 2026
finance business technology
- XRP lost nearly 50% in H1 2026 but shows technical signs for a major breakout potentially reaching $1.60 Newsworthy Reliable Very positive
- XRP is forming a descending wedge with bullish RSI divergence and strong support at $1.05 indicating accumulation Newsworthy Reliable Very positive
- Historically, XRP has never ended Q3 negatively in the past seven years, often rallying mid-summer Relevant Reliable Positive
- A break above the $1.12–$1.18 resistance zone could drive XRP price up by 50% to $1.60 Newsworthy Reliable Very positive
- Market conditions and inflows from ETFs may influence the speed of XRP’s recovery, with Q4 historically strong Relevant Plausible Positive
- XRP is holding support between $1.00 and $1.05, showing buyer resilience and forming higher lows Relevant Reliable Very positive
- Whale accumulation and on-chain data suggest early bullish signals similar to pre-2024 rally where XRP surged 790% Newsworthy Plausible
- Institutional interest grows as T. Rowe Price launches $15M crypto ETF featuring XRP and Dogecoin Relevant Reliable Very positive
Type: standard news · Analysis confidence: 85%