Analyst to XRP Investors: We Are Closer to Major Breakout. Here’s the Signal

Long-term market structures often become clearer only after extended consolidation. That is the setting Amonyx (@amonyx) points to in his latest XRP analysis. The analyst shared a multi-year XRP chart that maps a repeating cycle, broken into clearly labeled phases. He believes it is closer to a major breakout.

The chart covers more than a decade of price action. It presents XRP as a market that moves through expansion, compression, continuation, and then acceleration. Each cycle follows the same sequence. Phase 1 marks the initial impulse.

Phase 2 shows a sharp corrective range. Phase 3 compresses price into a consolidation triangle. Phase 4 resolves with a breakout and trend continuation.

How the Current Cycle Compares

In the most recent segment, XRP has already exited Phase 3. The digital asset broke upward from a multi-year consolidation pattern in late 2024. That structure mirrors earlier periods on the chart. After the breakout, the digital asset entered Phase 4. Its price then pushed above prior resistance and established a new consolidation zone.

At the time of the chart, XRP traded around $2.15. This area sits above the former wedge resistance, now acting as support. The chart shows XRP holding within a rising channel rather than retracing into the prior range. Despite some dips in late 2025, XRP has held strong. This behavior aligns with previous Phase 4 periods marked on the chart.

Volume expansion accompanied the breakout. Momentum indicators beneath the chart also show cyclical resets rather than exhaustion. This analysis suggests that the cycle will continue, and XRP has not completed Phase 4.

Key Levels Highlighted on the Chart

Amonyx marks two major targets. TP 1 stands at the all-time high of $3.65, which the asset hit in July 2025. He labels this level directly on the chart. The second target appears much higher. TP 2 is marked at the Fib. 6.618 extension level, with a corresponding price of $21.5.

These targets are not presented as short-term objectives. The chart context suggests a full cycle continuation similar to past expansions. Earlier Phase 4 moves on the chart led to exponential upside once the price cleared historical resistance.

Previous cycles show brief pauses before continuation. Price stability above $2 reinforces the structural breakout already in place. Amonyx’s message backs the view. “We’re getting close” signals progression within the cycle, not completion. He emphasized that “patience is key” for the current cycle, and market participants wait for XRP to complete this phase.