- XRP is trading at $2.29 with a slight 0.87% drop, consolidating between $2.27 and $2.65 for weeks.
- Candle 12 on the yearly chart shows a rare bullish engulfing pattern, hinting at a major momentum shift.
- Candle 13 is being watched closely as it could trigger a breakout toward $13 to $22.
- A close above $3.40 may confirm a rally, while a drop below $1.85 could invalidate the bullish scenario.
XRP is currently trading at $2.29, reflecting a modest 0.87% decline over the past 24 hours. The cryptocurrency has been consolidating between $2.27 and $2.65 for several weeks, showing signs of accumulation after a strong Q1 performance.
Despite the short-term sideways movement, the long-term chart, particularly the 12-month or yearly candle chart, is flashing significant bullish signals that could redefine XRP’s trajectory.
XRP’s Candle 13 Holds Key to $13–$22 Breakout
One of the most striking developments is the formation of Candle 12, which completed a powerful bullish engulfing pattern. This pattern began back at Candle 5 and continued through Candle 11, with each successive candle closing higher. Candle 12 engulfed them all, establishing a dominant bullish structure rarely seen on higher timeframes like the yearly chart. Such formations typically indicate a long-term shift in momentum and often precede large price surges.
Now, attention turns to Candle 13, which many see as the potential breakout candle that could launch XRP toward $13 or even $22. Historical data from Candle 9 (XRP’s 2021 yearly candle) shows an ~800% increase during that year.
Applying a similar performance to the current price action points to a target around $17, landing perfectly between the key psychological resistance levels of $13 and $22. This alignment supports the theory that XRP could be preparing for a significant bullish breakout in the coming months.
However, not all price action is signal, some of it is noise. On the current yearly candle, the body is holding above $1.85, while the wick has reached up to around $3.40. These two levels have become crucial thresholds for XRP’s longer-term direction. A close below $1.85 would likely invalidate the bullish scenario, signaling a retreat or consolidation. Conversely, a close above $3.40 could confirm the beginning of a rally into double-digit territory.
Despite the current consolidation phase, the overall market sentiment remains cautiously bullish. XRP is benefiting from broader optimism in the crypto market, including speculation around a potential spot ETF and increased institutional engagement. If these macro trends continue, they could provide the fundamental fuel needed for XRP’s next leg up.
As the calendar moves closer to December 31, 2025, traders and long-term investors will be watching Candle 13 closely. The way this yearly candle closes may define XRP’s position in the next bull cycle. Whether the price hits $13, $22, or retreats back below $2, this moment in XRP’s history could mark a turning point.
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