XRP Price Prediction: Chart Points to Major Rally Ahead

A recent technical analysis indicates XRP could be approaching a significant upward move, based on a multi-year Wyckoff-style chart pattern. The analysis shows XRP completed its accumulation phase in early 2025, followed by a sharp markup and an extended consolidation period around $2.50. The chart now suggests XRP is breaking out of this consolidation zone and entering what’s traditionally the strongest part of the cycle—the distribution phase, where rapid price expansion typically occurs.

However, the crypto industry currently faces proposed regulatory changes that could impact the broader market. These include higher taxes on companies holding digital assets and expanded reporting requirements. Industry participants warn these measures could hurt smaller firms and drive talent overseas as developers seek more favorable jurisdictions.

Financial experts note the proposed changes might reduce market participation and liquidity across crypto businesses. Companies holding digital asset reserves point out that falling valuations already impact taxable profits, and additional levies would create further budget pressure. Some industry voices suggest raising corporate profit taxes instead, arguing this would protect innovation while maintaining stable government revenue.

The regulatory package also includes stricter audits, compliance standards, and new liquidity requirements for firms with crypto holdings. Analysts believe these measures could affect employment and slow investment in the sector during an already volatile period.

Despite regulatory headwinds, XRP’s technical structure remains bullish. The chart shows price bouncing from the lower boundary of the consolidation zone—a classic setup for trend continuation. If the pattern unfolds as projected, XRP could see months of price expansion ahead.

Source: STEPH IS CRYPTO