XRP Chart Hints At Major Move: Could $13–$22 Be Next?

XRP’s 12-month chart shows a strong Bullish Engulfing pattern, signaling potential long-term upward momentum.

Historical patterns suggest XRP could reach between $13 and $22 if Candle 13 mimics 2021’s 800% price surge.

A yearly close above $3.40 could confirm a breakout, while a close below $1.85 may weaken the bullish outlook.

The technical analysis indicating a strong 12-month chart for XRP points to the likelihood of a big price breakout ahead. Participants in the market have noticed signs that the asset could jump by a significant amount, possibly to values between $13 and $22. The focus of the analysis is on older candle formations and key support and resistance groups that might set the course of XRP in the coming years.

Strength in Yearly Candle 12 Suggests Underlying Momentum

According to analysis from a chart by EgragCrypto, Candle 12, representing the 2024 yearly close, has caught attention due to its formation. Analysts classify it as a strong Bullish Engulfing candle — one that overtook multiple preceding candles in both range and closing price. This pattern, especially on a yearly chart, is often associated with strong upward momentum

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Observers point out that the bullish behavior appears to have developed from Candle 5 onward, gradually gaining strength through Candle 11. When such a consistent pattern appears across multi-year timeframes, it often indicates institutional interest or a long-term accumulation phase.

Candle 13 and the Historical Parallel to 2021

With 2025 represented by Candle 13, some analysts are drawing parallels to the 2021 candle (Candle 9), which saw XRP rally by approximately 800%. Applying a similar growth projection to the current setup yields a mid-point target of around $17, which conveniently sits between major psychological and technical levels at $13 and $22. These levels have emerged as potential resistance points if the bullish momentum continues through the remainder of the year.

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However, not all data points to certainty. Candle 13 is still forming and the price remains important between $1.85 and $3.40. Analysts believe a year-end price below $1.85 could end the upward pressure, making the bullish scenario unlikely for the year. Conversely, a strong close above $3.40 could confirm a breakout scenario, opening the door to higher valuations.

Consolidation Near Key Resistance

XRP is currently priced at $2.29, reflecting a slight dip of 0.8% in the past 24 hours. The asset is moving within a narrow range, finding support near $2.24 and facing resistance around $2.31.

This area will be watched closely by traders as it might give us a clue on whether XRP will maintain momentum or will continue to stagnate. With last year's candle still afloat, all eyes are now turned towards how XRP closes out 2025. December 31 may ultimately determine whether the digital asset confirms a breakout or reverts to range-bound behavior.