A rare candle pattern has appeared on XRP’s chart that has twice led to massive rallies of 1,500% or more This comes as XRP’s Bollinger Bands are at their tightest since Nov. 2024, signaling imminent volatility The technical setup is supported by falling Bitcoin dominance, giving XRP more room to outperform A rare technical pattern that has only appeared twice in XRP’s history and was followed by explosive rallies of 1,500% and 8,000% has just flashed again on the charts, according to a new analysis. This development has put XRP back at the center of investor attention. The digital asset is already showing strong bullish momentum to this effect, currently trading around $2.40 with a 7-day rise of over 8%. The 1,500% Historical Pattern Reappears A well-followed market analyst, EGRAG CRYPTO, is highlighting a repeating three-month green candle pattern as a key bullish signal. According to his analysis, this pattern has only appeared twice before in XRP’s history. In both cases, a major rally followed. In one instance, XRP consolidated for five months and then skyrocketed by 1500%. A similar setup today could drive prices toward the $10 mark by August 2024. In another historical event, a 12-month consolidation phase led to an explosive 8000% increase. If history repeats itself, XRP could reach $50 by late 2025. EGRAG suggests that the average of these two targets lands at $30, while hinting at a personal target of $27. #XRP – 0.60c To 10$ Or $50: When #XRP was 0.60c ( 202 Post 👇)My Targets where the Same. All #XRPOG's can see the future. When everyone was against us we fought under the shades of spears. #XRPFamily IS THE ONLY FEW 🧠 https://t.co/ZSdqxMiNBY pic.twitter.com/2Y0W1zZ9Ud — EGRAG CRYPTO (@egragcrypto) July 9, 2025 Broader Market Turns in XRP’s Favor Tony Edward of the “Thinking Crypto Podcast” adds to this view from a broader market perspective. He notes that Bitcoin’s dominance is starting to decline, which gives established altcoins like XRP more room to outperform. Related: XRP Price Breaks Out Ahead of Ripple CEO’s Senate Testimony XRP’s climb above the 200-week moving average is a crucial technical indicator, signaling a return to long-term bullish strength. Moreover, its daily RSI suggests that there’s still room for growth before hitting overbought conditions. This combination supports the thesis that XRP could see additional gains in the short to medium term. Bitcoin dominance is pulling back and some Altcoins are starting to see price gains. $XRP has been a leader amongst the Alts since Q4 2024, it is now back above the 200 Week MA which is a great sign! It's daily RSI also shows there is room for growth before it hits the overbought… pic.twitter.com/Jjg0zvaqo1 — Tony Edward (Thinking Crypto Podcast) (@ThinkingCrypto1) July 9, 2025 Volatility Squeeze Points to a Big XRP Price Move Adding to the bullish outlook, analyst STEPH IS CRYPTO points out a significant technical formation. XRP’s Bollinger Bands are now the tightest they’ve been since November 2024. Source: X At that time, a similar squeeze led to a dramatic breakout. With XRP trading in a tight range between $2.01 and $2.48, a break above $2.50 could trigger a move to $3.00 and beyond. Related: XRP Breaks Resistance as Upbit Hits $1.94B Volume; Smart Contracts Surge Conversely, dropping below $2.00 might bring short-term pressure, but volume confirmation will be key. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.