Cantonese Cat highlighted that the current price action is sitting just beneath the next major Gann resistance level, which aligns closely with a Fibonacci extension target between $6 and $8. That arc, he believes, will be the trigger. \u201cI think the next level is going to end up breaking up to the GAN arc up above,\u201d he said, adding that a clean breach of this level could mark the start of XRP\u2019s long-awaited parabolic run.<\/p>\n
![\"XRP](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/xrp-gann-.png?resize=1024%2C505\")
<\/p>\n
He also pulled up the monthly Ichimoku Cloud, pointing out that XRP had already broken above it\u2014a significant bullish milestone in Ichimoku analysis. \u201cInitially it had a rejection of the Ichimoku cloud,\u201d he explained, \u201cand now we have a true breakout.\u201d Most importantly, XRP has held the Tenkan and Kijun without falling back into the cloud. \u201cThis is basically a look of bullishness,\u201d he noted, citing the textbook structure of a confirmed trend reversal.<\/p>\n
The broader structure, according to his analysis, is a classic breakout setup: a horizontal level was cleared, back-tested, and is now serving as support. \u201cYou\u2019re basically breaking above a horizontal level here and back testing it. And so far, you\u2019re holding it pretty convincingly.\u201d<\/p>\n
To reinforce his thesis, he pointed to Fibonacci retracements\u2014specifically, XRP\u2019s behavior around the 0.86 level, which the asset has been flirting with. \u201cIf you\u2019re able to convincingly break above 0.86 here,\u201d he said, \u201cthen all-time high stuff could happen.\u201d<\/p>\n
Asked by viewers why the market isn\u2019t moving yet, he dismissed the apparent stagnation as noise. \u201cIt\u2019s just going sideways, guys,\u201d he said. \u201cIt\u2019s just waiting for its thing.\u201d In his view, the lack of momentum is not a sign of weakness, but rather a signal that XRP is compressing in a low-volatility zone\u2014a typical prelude to a high-volatility expansion. \u201cWhenever it decides to get done with this shenanigans,\u201d he added, \u201cit\u2019s probably going to go up.\u201d<\/p>\n
Despite XRP\u2019s muted performance while other assets like Bitcoin and Solana have captured headlines, Cantonese Cat made clear that he sees no structural damage on the chart. Quite the opposite: he views the persistent adherence to long-term support levels, especially on the monthly timeframe, as an indication that XRP is simply coiling beneath resistance.<\/p>\n
In a cycle increasingly defined by breakout-driven flows and rotational capital, he framed XRP\u2019s dormancy not as a failure, but as a delayed opportunity. \u201cStill holding the Tenkan and Kijun just fine,\u201d he said. \u201cThis is what bullish looks like.\u201d<\/p>\n
The analyst didn\u2019t offer a date, but was blunt about the price levels to watch. If XRP clears the monthly Gann arc and maintains strength above the 0.86 Fibonacci zone, the $6\u2013$8 range comes into play\u2014levels that would not only exceed previous all-time highs, but also flip sentiment from apathy to euphoria in a matter of weeks.<\/p>\n
Until then, he warned, XRP\u2019s breakout might not announce itself loudly. But when it comes, few will be positioned. \u201cStill sleeping on XRP?\u201d he asked. \u201cYou might want to wake up soon.\u201d<\/p>\n
At press time, XRP traded at $2.20<\/p>\n
![\"XRP](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/06\/XRPUSDT_2025-06-16_10-50-26.png?resize=1024%2C454\")
<\/p>\n","protected":false},"excerpt":{"rendered":"
In a livestream on June 15, crypto analyst Cantonese Cat delivered a firm verdict on XRP\u2019s prolonged consolidation: don\u2019t be fooled by the sideways drift. Despite trading in a tight range for over half a year, the chart veteran argued XRP is building energy for a powerful move, one that could take it as high…<\/p>\n","protected":false},"author":1,"featured_media":5386,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[146],"tags":[40,46,47,147,149],"class_list":["post-5385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-price-analysis","tag-xrp-technical-analysis"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=5385"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5385\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/5386"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=5385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=5385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=5385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}