XRP remains one of the few altcoins preserving its bullish structure, according to crypto analyst CryptoBull. Despite recent pullbacks, XRP has successfully retested the July breakout zone, moving back within its bull flag pattern—a setup often linked to trend continuation. The analyst’s chart indicates that the supposed breakdown was, in fact, a controlled retest of prior support, highlighting sustained buyer defense and structural integrity.
The upcoming ETF approval on Friday could serve as the main catalyst for XRP’s next major move. The analyst emphasizes that if the ETF receives approval while XRP maintains current support levels, the asset could “go up very fast” due to combined technical strength and market momentum. This alignment between structure and sentiment might propel XRP beyond its consolidation phase into a fresh expansion cycle.
The broader crypto community has responded positively to the analysis, noting that maintaining a constructive outlook amid uncertainty helps balance market emotions. Traders tracking long-term levels view the defense of the July breakout zone as a critical factor for sustained upward momentum. Overall, optimism around XRP’s technical setup and the potential ETF trigger has reignited bullish sentiment among investors.
