Date: Mon, June 30, 2025 | 07:35 PM GMT
The cryptocurrency market is seeing a strong recovery, led by Ethereum (ETH), which has jumped more than 9% over the past week and is now trading above the $2,500 — reviving bullish momentum across the market.
One such altcoin catching attention is XRP, which is now up 10% in the past 7 days. But more than just price action, what’s intriguing is a bullish fractal pattern quietly developing on its chart—one that looks eerily similar to the recent breakout seen in SEI. If history is any guide, XRP could be next in line for a strong upside move.
XRP Mirrors SEI’s Breakout Move
A side-by-side comparison of SEI and XRP on the daily timeframe highlights a nearly identical setup. Earlier this month, SEI was trading inside a falling wedge pattern—a classic bullish reversal formation. After consolidating for weeks, SEI broke out from the wedge and reclaimed its 100-day moving average (MA). The result? A strong 76% rally.
Now, XRP appears to be following the same path. The token has already broken above the falling wedge as well as the 100-day moving average, which historically acts as a key trend confirmation level. This is exactly the position SEI was in before it launched into its breakout rally.
The fractal alignment between the two charts adds further credibility to the bullish case for XRP.
What’s Next for XRP?
Now that XRP has cleared the 100-day MA and broken out of its wedge, the next key test lies at the $2.38 resistance level. A successful breakout above that zone could pave the way for a larger move towards $2.65 and eventually $3.50, reflecting a potential 50%+ rally from current levels.
However If XRP fails to it’s breakout level of $2.20, a short pullback or consolidation might occur.
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