XRP has just completed a key technical formation known as the “triple-tap” pattern, reaching the upper boundary of its trading range. According to leading crypto analyst CrediBULL Crypto, this move marks a major bullish development. The asset is now retesting those range highs, which have flipped from a supply zone on the daily chart (D3) into potential support, often a precursor to further gains. Triple-Tap Pattern Signals Strength A triple-tap pattern occurs when price tests a key support level three times before breaking higher. This structure typically indicates that sellers have exhausted their momentum and buyers are taking control. For XRP, the completion of this pattern, confirmed by the breakout above $3.20, suggests a strong base has formed off its $1.90 lows. Now, with the price pulling back to retest that same breakout level, the pattern is showing signs of textbook technical behavior. $XRP has completed the triple tap setup and hit our range highs. Atm it is retesting the range highs and flipped D3 supply which ideally now acts as support. On low timeframes I think we could be missing a smal 5th subwave here to complete the first 5 wave move up off of our… https://t.co/UdS6j0t0ab pic.twitter.com/gWRBXqLMiZ — CrediBULL Crypto (@CredibleCrypto) July 24, 2025 Elliott Wave Structure Still in Play CrediBULL Crypto also noted that XRP may still be forming a small fifth sub-wave on the lower timeframes, likely completing the first five-wave impulse off the $1.90 bottom. In Elliott Wave theory, this initial five-wave move typically kicks off a larger bullish cycle, often followed by a healthy correction before continuation. This implies that the current dip is not a sign of weakness, but rather a natural pause within a larger trend. Price Action: Consolidating Above Key Levels As of report time, XRP is trading around $3.24, holding firm after a brief dip from recent highs. The asset has surged over 90% in the past 30 days, climbing from $1.90 to a local high of $3.66. Despite a recent 2% pullback, XRP remains up significantly year-to-date, with bullish momentum still intact . On the daily chart, XRP appears to be consolidating just above the flipped D3 supply zone, now a critical support area between $3.20 and $3.30. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 This consolidation follows a notable $140 million XRP transfer tied to Ripple co-founder Chris Larsen, which briefly pressured the market. However, analysts, including CrediBULL, view this as a routine movement and not indicative of a trend reversal. Market Outlook: Bullish Continuation Likely XRP’s technical structure remains favorable. The triple-tap breakout, followed by a successful retest of former resistance as support, is a classic bullish continuation signal. If the small fifth sub-wave completes as expected, it could signal the end of wave one and set the stage for further upside in wave three, a typically strong extension in Elliott Wave theory. The broader crypto market also lends support to XRP’s outlook. Institutional interest is growing , speculation around XRP-based ETFs is increasing, and Ripple’s regulatory roadmap is becoming clearer. All of this contributes to a favorable macro backdrop for XRP to continue gaining ground. CrediBULL Crypto’s analysis paints a bullish picture: XRP has completed a textbook triple-tap setup, flipped key resistance into support, and appears to be finalizing a foundational wave structure. The current dip is not a cause for concern; it’s a normal, healthy pause within an uptrend. As long as support holds, XRP looks primed for further upside, with momentum building for the next leg higher. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Completes Triple-Tap Setup, Analyst Says Chart Remains Bullish appeared first on Times Tabloid .