XRP has developed one of the most powerful bullish reversal formations in technical analysis, the bump-and-run pattern. With price now retesting the trend line it recently broke above, a breakout run could be imminent. XRP’s (XRP) recent price action has unfolded in a textbook bump-and-run reversal structure, a pattern known for signaling major bottoms before large bullish expansions. After breaking above a long-standing dynamic trend line, XRP has pulled back to retest it, a phase known as the “throwback.” This moment is crucial, as a successful hold typically triggers the final “run” phase, historically associated with sharp upside moves. Technically, XRP remains in a strong position as long as this support holds. Key technical points Retest of trend line support in the throwback phase after a strong breakout Multiple bullish candles confirmed above the trend line, shifting market structure Pattern targets expansion if support holds, with potential for new all-time highs XRPUSDT (1D) Chart, Source: TradingView XRP is now in the throwback phase, a common technical retest of the trend line previously acting as resistance. The trend line is now serving as support, and price action has so far respected this level. This area is often where traders seek confirmation before a new leg higher.The breakout itself was clear: XRP printed a sequence of strong green candles, decisively flipping structure and signaling a shift in trend momentum. Such a move often marks the transition from a bearish to a bullish market regime, a setup that historically supports continued upside when support is respected. You might also like: DEGEN price prediction: Will key support at $0.00395 trigger a 255% rally? The structure of this bump-and-run follows the classic progression: a long period of resistance along the trend line, followed by a sharp “bump” below it, and now a return into strength. This formation strongly suggests that the accumulation phase may be over, and XRP is positioning for a breakout. What to expect in the coming price action As long as XRP holds above the trend line, the throwback phase remains valid. This sets the stage for the powerful “run” phase, a rapid, high-momentum move that could target new all-time highs in the coming weeks. A failure to hold support would invalidate the pattern, but for now, the technical bias remains firmly bullish. Read more: Moo Deng price prediction: Can this “cute hippo” bring profits to investors?
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