The mere suggestion that “extreme bullishness” applies to a cryptocurrency invites skepticism—especially in markets where overnight reversals are the norm. Yet, this week XRP’s price narrative delivered such clarity that some observers now view its trajectory with renewed optimism. According to CryptoBull’s published X post, one of the most persuasive signals is that XRP closed the week decisively above a year-long uptrend line —a technical milestone that, analysts argue, has the potential to reshape sentiment and position the token for continued strength. Technical Breakout: Validating the Long-Term Slope Trendlines drawn across months of XRP’s price action are not mere chart aesthetics but reflections of sustained market psychology. That supplies drawn from highs and lows since late 2024 have formed a rising diagonal support, and, as CryptoBull notes, the weekly close above that line elevates its importance from tentative guide to confirmed structural support. In effect, resistance that once threatened to cap upside may now act as a springboard. This shift is especially significant in trending markets: when price breaks above a long-held trendline on volume and holds it, the old ceiling often becomes the new floor. #XRP closed the week above year long uptrend. Extremely bullish! pic.twitter.com/Y0TZai7YPM — CryptoBull (@CryptoBull2020) October 13, 2025 Multiple market watchers affirm that the week’s rebound carried volume backing and conviction in its latter sessions, effectively ending the week in a zone of validation. CoinDesk reports that XRP recovered nearly USD 30 billion in market value during the move, with a sharp late-session push helping to seal the weekly close above projection levels. That tactical recovery supports CryptoBull’s interpretation of the structure as being more than a fleeting test. Market Psychology: What Changes After the Close The importance of closing above the trendline matters more than intraday intrusions. It signals that bulls remained in control until the end, deterring momentum sellers and implying an institutional backdrop that views the level as defendable. Of course, for skeptics, it could be an overreach if the price fails to hold or reverses sharply. But for technical strategists, this kind of test-and-confirm scenario often triggers renewed entries on pullbacks to the line. Furthermore, traders will now recontextualize prior resistance zones—such as the familiar $2.70–$3.10 band—as zones of near-term opportunity rather than immediate barriers. In fact, top traders have flagged that reclaiming $2.70 in recent weeks was critical; this week’s structure gives that level renewed significance. Forward Projections & Risks With the structural bias leaning bullish , projection methodologies point toward meaningful upside—should momentum persist. Some chart models propose long-range targets at $14 and even $28, based on extensions of long-term patterns. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Meanwhile, more near-term approaches peg resistance between $3.05 and $3.12 as key hurdles; a sustained breakout above those could shift market regimes. That said, the bullish case is not unconditional. The critical pivot lies in failing to hold above that trendline; a decisively negative weekly close beneath it would erode confidence and draw attention to lower supports near $2.50 or below. Momentum indicators (RSI, MACD) and volume behavior will carry extra weight as confirming filters. Analysts warn that overextension or divergences must be heeded as early warning signs. What to Watch Now For traders and observers alike, the immediate test is follow-through price action above resistance zones and retention of support on pullbacks. Confirmed accumulation on-chain, institutional reentry, and fresh macro drivers (e.g. regulatory developments, ETF news) could further validate the bullish structural scenario. As CryptoBull’s assessment implies, this week’s close didn’t guarantee a parabolic run—but it reshaped the bias and elevated odds in favor of sustained upside, assuming discipline and risk management stay intact. This is not a guarantee—but if price respects the newly minted support and continues upward, the technical groundwork laid this week may prove pivotal in XRP’s next leg. 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 Analyst Remains Extremely Bullish On XRP. Here’s why appeared first on Times Tabloid .
