- XRP tests its highest quarterly close, a level that could dictate the next major price trend direction.
- Technical warnings include a bearish divergence and a potential 55% correction toward $1.27.
XRP stands at a pivotal juncture as it tests its highest quarterly closing price, a level that could determine its next major price movement. According to analyst Milkybull Crypto, sustaining this threshold is essential for continued upward trajectory. The token concluded the third quarter around $2.86, reflecting a 28% gain over the period.
$XRP to $5-$15 🤔
For the first time since 2017, it flipped green on the quarterly chart.
Already broken above the resistance as it similarly did in 2017. pic.twitter.com/NP7FY7fjC9
— Mikybull 🐂Crypto (@MikybullCrypto) September 29, 2025
Historical precedent from 2017 offers a parallel. During that cycle, XRP broke free from a prolonged resistance zone above $0.02. This breakout catalyzed a dramatic ascent, propelling the token to its peak near $3.31 within twelve months. Market structure today echoes that earlier pattern, with a decisive quarterly green candle forming after extended consolidation.
A clear breach of the $2.20 to $2.30 resistance range has now occurred. This technical development opens the door for potential advances toward the $5 to $15 territory. Two chart formations reinforce this outlook: a symmetric triangle mirroring the 2017 setup and a separate bull flag pattern. Both align in projecting a climb to approximately $15.
On-chain metrics suggest the rally retains momentum. The MVRV Z-Score remains subdued compared to historical market tops, indicating room for expansion toward $3 to $5. Stability among wallets holding 10,000 to 100,000 XRP tokens during recent declines demonstrates persistent investor confidence.
Nevertheless, multiple signals warn of possible corrections. XRP currently trades 470% above its November 2024 low of $0.50. Price action unfolds within a broadening wedge, having recently rejected the upper boundary.
This retreat brings the token toward a support trendline near $1.60. A growing divergence between price and the Relative Strength Index signals fading bullish pressure.
Should history repeat the 2018 scenario, XRP might retreat to its 200-week exponential moving average around $1.27, constituting a 55% decline from present values.
