An analysis says XRP is again showing a move similar to technical signals that appeared just before it set an all-time high in July 2025.

On May 1 (local time), blockchain media outlet The Crypto Basic reported that markets are watching for a possible rebound as a weekly bull flag breakout coincides with a bullish crossover in the relative strength index (RSI) and a moving average convergence/divergence (MACD) crossover.

Market analyst CryptoInsightUK pointed to the weekly bull flag pattern as key evidence. He said conditions similar to those seen just before a previous bull market are forming again even in a negative trend. He said market sentiment remains fragile and direction is uncertain, but there is room to move to higher price levels if the past pattern repeats.

The key focus was the weekly bull flag structure. The pattern began to form near a peak of about $3.39 in January 2025. XRP then repeatedly moved between an upper resistance line and a lower support line. CryptoInsightUK said strong gains followed each time the structure broke upward. After the early-July 2025 breakout, XRP rose to its current all-time high of $3.66.

XRP later entered a correction and was pushed back into the bull flag in January this year. After moving sideways in that range, it broke upward again last week alongside a 2.7 percent rise. Price action this week is bearish again, but XRP is still holding above the pattern. That is why some say the push higher remains alive.

Auxiliary indicators are also showing similar signals. On the weekly RSI, the RSI trendline at 36 broke above the moving average at 33.24 in mid-April. CryptoInsightUK pointed out that "the last time this happened was July 2025." At the time, XRP broke out of the bull flag and set a new all-time high. He said, "This time the RSI level itself is lower than it was then, so if upward momentum builds there is ample room to grow."

The MACD is also pointing in the same direction. On the weekly chart, a green histogram has been gradually appearing, and a MACD crossover was confirmed along with the breakout zone, the report said. It noted that multiple signals overlapping at the same time, rather than a single indicator, is a factor raising expectations among market participants.

On the supply-demand side, accumulation by large holders stands out. Whale investors actively bought during a recent decline, and were tallied as having accumulated 1.15 billion XRP over 11 days. The analysis said demand growth confirmed alongside technical signals is underpinning expectations for an XRP rebound.

Markets are also interpreting recent remarks by Ripple CEO Brad Garlinghouse (브래드 갈링하우스) positively. On April 28, he replied with the two words "lock in" to an XRP-related post by crypto exchange OKX. That expression was also used at the end of a post in which Ripple said in June 2025 it would withdraw a cross-appeal in its lawsuit with the U.S. Securities and Exchange Commission (SEC). CryptoInsightUK said the repetition could be a coincidence, but called it "an element that adds interest" to the XRP price outlook.

Still, with current market sentiment itself unstable, it is difficult to conclude that technical signals will immediately lead to a sharp price surge. Even so, the combination of holding above the top of the bull flag, simultaneous RSI and MACD crossovers, and whale accumulation has remained a key variable in gauging whether XRP has again entered a trend reversal zone.

$XRP still holding this Bull Flag. Interestingly, the last time $XRP's weekly RSI crossed Bullish we were fighting to break out of this pattern and we ran to ATHs. This time we have crossed bullish, broken out (so far back tested) and crossed bullish on our MACD. All of this… https://t.co/ktulonYORJ pic.twitter.com/ii1gRqbilM