XRP Price Action – Market Structure BreakdownXRP / US DollarCOINBASE:XRPUSDBDripTradessThis chart illustrates a replication of XRP’s previous bullish move, with key price action and structure aligning closely with historical behavior. Here's the breakdown: Accumulation Phase: XRP consolidated between the $1.90–$2.20 range. This zone acted as a monthly bullish fair value gap (FVG), serving as a springboard for accumulation before the breakout. Massive Breakout: A large impulsive move occurred just before July 14, 2025, coinciding with the anticipated go-live of ISO 20022 standards, which many believe could support utility tokens like XRP. Market Replication: The breakout structure is mirroring a previous bullish cycle, highlighted by the labeled replication arrows on the left side of the chart. This pattern confirmation supports the projection of a move toward $9.99–$10, aligning with a key liquidity target and psychological round number. Targets and Gaps: Price is shown aggressively pushing through bearish FVGs and reaching above previous highs, suggesting that liquidity above $10 could be the next target. The $9.99 level is marked as a clear draw on liquidity.