Date: Fri, May 02, 2025 | 05:10 AM GMT
After a rough start to 2025, where even Ethereum (ETH) tanked by 45% in Q1, the crypto market is finally flashing signs of life over the past month, and this bullish momentum is now spilling over into major altcoins.
Among them, XRP is quietly setting up for what could be its next short upside move.
After experiencing a significant sell-off in Q1, XRP has surged by 6% over the past 30 days — and now, a familiar fractal pattern is emerging, hinting that the recovery may not be over just yet.
Fractal Pattern Suggests XRP Is Following HYPE’s Footsteps
Take a look at the side-by-side chart comparison of HYPE and XRP.
On the left, HYPE underwent a sharp -56% correction, which formed a classic bearish cypher harmonic pattern — a technical structure often associated with sharp reversals. After bottoming out near $9.34 on April 7th, HYPE staged a remarkable recovery, reclaiming both the 50-day and 100-day moving averages. That technical breakout led to a 53% rally, propelling HYPE to over $20, now brushing up against a strong resistance zone around $21.12.
Now, flip your eyes to the right side — XRP’s chart looks eerily similar.
XRP suffered a -38% decline, hit a low around $1.61 on April 6th, and has since bounced, now trading near $2.23. Like HYPE, XRP has reclaimed its 50-day moving average and is approaching the 100-day MA at $2.38 — a level that marked the breakout point for HYPE.
What’s Next for XRP?
If XRP continues to mirror the fractal from HYPE, the next key level to watch is the 100-day MA at $2.38. A clean breakout above that could open the door toward the major resistance zone near $2.64, representing a potential 19% upside from current levels.
With broader market sentiment improving and XRP tracking an almost identical price structure as HYPE did weeks ago, the stage may be set for a bullish breakout in the days ahead.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult a financial advisor before making any investment decisions.