XRP is once again in the spotlight , with market analyst CoinsKid suggesting the token is “primed to ROCKET” on the 4-hour timeframe. In a recent post, CoinsKid shared a chart highlighting a tightening wedge pattern, signaling compression that could soon lead to a bullish breakout toward a 1:1 Fibonacci projection. This setup has traders buzzing about the potential for a significant XRP price breakout in the near term. Technical Setup and Elliott Wave Structure The chart posted by CoinsKid shows a clear Elliott Wave formation: a five-wave impulsive rally, followed by an A–B–C corrective pattern. Currently, XRP is moving inside a falling wedge defined by converging trendlines, with the upper white line serving as resistance. A falling wedge is widely considered a bullish continuation pattern, especially when it forms after a strong upward move. If XRP price breaks above this resistance, analysts often measure the next upside target using the length of the prior impulsive leg. In this case, the move points to the 1:1 Fibonacci extension, reinforcing CoinsKid’s bullish forecast for XRP. This thing looks primed to ROCKET on the 4hr timeframe but first, it's compression leading to expansion to the 1 to 1 fib. I'm looking for this thing to take out the white line, then I think we could see it breakout Posted it in Discord for you #altcoins #xrp #btc pic.twitter.com/hUYwF0V6ln — CoinsKid (@Coins_Kid) September 4, 2025 Improving Fundamentals Support Technicals The bullish technical setup is further strengthened by improving fundamentals. Over recent months, Ripple’s long-standing legal dispute with the SEC has essentially reached closure , removing a cloud of regulatory uncertainty that has hung over XRP price predictions for years. This resolution has shifted sentiment positively, giving traders and investors more confidence in XRP’s long-term viability. Market watchers also note that multiple analysts are seeing similar wedge structures and continuation patterns on the 4-hour and daily charts. This alignment across independent readings suggests that technical sentiment is leaning bullish, with increased potential for XRP’s next breakout. Critical Price Levels to Watch For CoinsKid’s projection to play out, XRP must first secure a breakout above the descending white trendline with a strong 4-hour close and solid trading volume. Beyond this, price will need to overcome resistance near the B-wave peak to confirm a sustained rally. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 If these levels are cleared, analysts will look for a push toward the 1:1 Fibonacci target, which represents the measured expansion from the last impulse. At present, XRP trades around the $0.80 region, consolidating while traders await confirmation of direction. Outlook for XRP Price CoinsKid’s analysis suggests XRP could be on the verge of a powerful move . The combination of a bullish wedge structure, improving sentiment, and legal clarity has created the conditions for a potential breakout. However, as with all trading setups, confirmation is key. A breakout without volume could quickly fade, but a strong move through resistance would reinforce confidence in the next leg higher. In short, XRP looks poised for a breakout if the falling wedge resolves to the upside. With fundamentals and technicals aligning, a move toward the projected Fibonacci target could mark the start of the next XRP price rally. For now, traders are keeping their eyes on the white trendline — the line separating compression from expansion. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Expert Says XRP Looks Ready to Rocket. Here’s Why appeared first on Times Tabloid .
