XRP Won’t See Devastating Pullback Because ‘The Train Has Left The Station’

XRP's price has broken out of a nearly seven-year downtrend and is now trading above $3, sparking optimism in the market. Crypto analyst JackTheRippler believes XRP has entered a new bullish phase and is unlikely to face a major pullback like in the past. According to JackTheRippler, XRP has broken out of a multi-month descending triangle pattern and surged beyond key resistance levels, invalidating the downward trendline. The token maintained strong horizontal support near $1.77 for several months before the recent breakout. JackTheRippler asserts that XRP is unlikely to return to earlier lows, implying that the window to buy at lower levels has closed. With XRP trading above $3.3, the main question is whether this level will establish itself as firm support and propel it to new levels. Based on the technical setup and JackTheRippler's projection, the path forward for XRP suggests continued upward momentum rather than a reversal. Another analyst, Dark Defender, suggests that XRP's long-standing cooling period may be coming to an end, mirroring its 2017 setup that led to an explosive breakout. Dark Defender has set XRP's next bullish targets for $13.13, $18.22, and $36.76 based on the Elliott Wave Theory. According to Dark Defender, August could be a potentially explosive month for XRP, with chart comparisons highlighting striking similarities between the 2017 and 2025 cycles.