Crypto analyst Crypto Michael (@MichaelXBT) has reaffirmed his bullish outlook for XRP by revisiting a chart he shared on July 1. At the time, he revealed that he was accumulating XRP around
Crypto analyst Crypto Michael (@MichaelXBT) has reaffirmed his bullish outlook for XRP by revisiting a chart he shared on July 1.
At the time, he revealed that he was accumulating XRP around its current price level while presenting a technical setup that projected a strong upside move. He now suggests that his analysis remains intact.
In his latest post, Crypto Michael wrote, “XRP will break out in the coming days. The prophecy will be fulfilled.” He followed that with, “Doubt me and face liquidation,” showing that he still expects the move outlined in his original chart to unfold.
XRP will breakout in the coming days.
The prophecy will be fulfilled.
Doubt me and face liquidation.
There are levels to this game. https://t.co/wqncrw0EbD
— Crypto Michael (@MichaelXBT) July 14, 2026
The weekly chart shared on July 1 shows XRP trading near $1.06 while testing the lower boundary of a large falling wedge. Crypto Michael revealed he was accumulating at that level, suggesting an attractive entry point before a breakout.
The pattern had developed over several months as XRP formed lower highs while holding above long-term support.
The chart shows the upper and lower trendlines converging as the price moved toward the apex of the wedge. This type of structure often attracts close attention because price has limited room before a decisive move.
Crypto Michael has tracked this formation for weeks, and he predicted a breakout in July. Linking back to this analysis suggests he is still accumulating, and he expects XRP to follow the technical structure he outlined.
Crypto Michael highlighted a purple resistance area between about $1.90 and $2.10. That zone previously acted as support. However, XRP lost this crucial level during the flash crash in early 2025.
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His chart includes a white arrow projecting a rally from the current price toward that resistance area. A rocket graphic beside the target reinforces his expectation of a strong advance following a breakout.
The descending upper trendline remains the key technical level on the chart. A move above that line would complete the breakout scenario Crypto Michael outlined on July 1.
His latest comments leave little doubt about his expectations. He believes XRP is nearing a breakout from the falling wedge and continues to stand by the accumulation strategy he shared earlier this month.
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