Crypto analyst Steph Is Crypto (@Steph_iscrypto) has identified a key technical signal on the XRP chart, suggesting the asset could be poised for a substantial price surge. In a recent video posted to X (formerly Twitter), Steph highlighted that XRP has broken above the weekly trend ribbon, a pattern previously linked to significant price increases. The analyst points out this breakout occurred in November 2024 and closely resembles past events, with XRP witnessing a sharp price jump from around $0.55 to $3.39 by January 2025, representing a gain of over 500%. This pattern suggests potential for another significant rally. Steph notes that this new movement echoes similar historical developments, suggesting a bullish trend. During the past breakout, XRP experienced sustained price growth and outperformed many other cryptocurrencies during the same period. With a current price of $2.25, if a similar surge occurs, XRP’s price could potentially reach $13.5 – even exceeding $45 in a more optimistic scenario, according to Steph. However, some experts believe that XRP’s market cap might limit its growth. The analysis provides insights for traders who prioritize technical signals and breakout strategies. The end of the ongoing SEC and Ripple legal dispute is also expected to play a role in XRP’s future price performance. This potential momentum could make a 20-50x rally even more likely.