bullish

2026

XRP ETF

would

<p>XRP may be on the verge of a significant upside move following a challenging start to the year. The token lost 27.1% in the first quarter and an additional 22.4% in the second quarter. Now, a rare alignment of technical patterns alongside strong seasonality data is drawing attention to a potential breakout.</p><h2 id="technical-indicators-suggest-a-turning-point">Technical indicators suggest a turning point</h2><p>The daily chart on TradingView shows XRP confined within a descending broadening wedge, recognized as a classic late-stage accumulation pattern in technical analysis. This setup often signals an emerging end to prolonged selling and the possibility of a reversal.</p><p>Supporting this outlook, the relative strength index (RSI) has formed a bullish divergence, suggesting selling pressure is losing momentum. Simultaneously, buyers are managing to defend a local bottom near $1.05, further strengthening the bullish case.</p><p>Mini dictionary: Descending broadening wedge, a technical chart pattern where two converging downward-sloping trendlines diverge, often pointing to a possible bullish reversal after prolonged declines.</p><h2 id="seasonality-and-historical-performance">Seasonality and historical performance</h2><p>Data from CryptoRank, a cryptocurrency analytics platform, shows that the third quarter is traditionally XRP’s most stable growth period. Over the past seven years, XRP has not posted a negative return in Q3.</p><p>So far in July, the token’s return stands at 4.19%. Historically, the middle of summer has been a reliable period for recovery after sharp losses in June. XRP slumped 22.1% in June 2026. Following similar dips in previous years, the cryptocurrency rebounded by 47.6% in July 2023 and 35% in July 2025, illustrating strong seasonal recovery pulses.</p><table><thead><tr><th>Period</th><th>2023</th><th>2025</th><th>2026</th></tr></thead><tbody><tr><td>June Return</td><td>-18.5%</td><td>-22.9%</td><td>-22.1%</td></tr><tr><td>July Return</td><td>+47.6%</td><td>+35%</td><td>+4.19%</td></tr></tbody></table><p>The median Q3 return for XRP sits at 25.8%. After six months of continuous price compression, analysts believe this creates notable upside potential for the coming months.</p><h2 id="key-resistance-zones-and-potential-targets">Key resistance zones and potential targets</h2><p>XRP currently trades near $1.08. To confirm a breakout from the wedge and start a fresh rally, buyers would need to push the price above the $1.12 to $1.18 resistance range. Clearing this level could pave the way for medium-term gains, with targets set between $1.45 and $1.60. These projections represent an approximate 50% rise from current prices.</p><p>Broader market stagnation and temporary slowdowns in spot XRP ETF inflows may limit a swift upward move. However, market observers note that the ongoing consolidation within the wedge is establishing a robust foundation ahead of the fourth quarter. Historically, XRP’s average return in Q4 has reached as high as 133.3%.</p><blockquote><p>XRP has never closed Q3 in negative territory in the past seven years, and technical signals are now lining up with this seasonal trend to indicate a potential recovery.</p></blockquote><p>The post <a href="https://en.coin-turk.com/xrp-eyes-50yuzde-rally-as-q3-breakout-nears-technicals-signal-recovery/" rel="noopener noreferrer nofollow">XRP eyes 50% rally as Q3 breakout nears, technicals signal recovery</a> appeared first on <a href="https://en.coin-turk.com" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

XRP eyes 50% rally as Q3 breakout nears, technicals signal recovery

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