XRP’s recent price movements have followed a pattern that crypto analyst Javon Marks believes signals the potential for a strong continuation rally. Sharing his analysis on the social media platform X, Marks pointed to a “hidden bullish divergence” on XRP’s daily candlestick chart. Despite the ongoing price crash, the presence of this bullish divergence opens up new bullish targets for the XRP price. XRP’s Price Crash Worsens, But Hidden Bullish Divergence Suggests Next Move XRP’s price action has faced consistent downward pressure over the past week, with the decline intensifying in the past 24 hours. At the time of writing, XRP has dropped by approximately 13% in the past 24 hours and is on the verge of retesting a crucial support level at $2. Related Reading: XRP Price Breaks Out Of Symmetrical Triangle Pattern, Why The Target Is $8 However, an interesting analysis shows that this decline is part of a hidden bull divergence pattern, where both the price and the RSI indicators are creating a series of highs and lows on the 1-day candlestick timeframe. This interesting pattern is characterized by higher lows and higher highs on the XRP price chart, while there’s a series of lower lows and lower highs on the RSI indicator. This divergent formation between the cryptocurrency’s price and the RSI is known to be bullish. Particularly, it suggests the selling pressure shown by the RSI could be slowing down. Javon Marks emphasized that XRP is preparing for a “massive continuation wave up” and that the necessary technical confirmations for such a move are already in place. This assertion builds upon his earlier February 18 analysis, where he described the hidden bullish divergence as forming in a “textbook fashion. Crash To Reverse Soon? Price Targets To Watch According to Javon Mark’s projection, an upside move would see the XRP price eventually creating a higher high, as expected from the bullish divergence pattern. In terms of a specific price target, Mark’s projection shows that the next peak could reach at least $3.80. If realized, this would push XRP beyond its current all-time high of $3.40. Related Reading: XRP Price Rallies To ATH At $3.4, Here’s What’s Driving It And Why The Pump Will Continue However, this outlook hinges on the XRP price holding above the bullish divergence support at $2. Any sustained breakdown below this threshold could challenge the strength of the projected rally and alter the bullish outlook. Adding to this perspective, Marks also noted the similarity between XRP’s consolidation in the past few weeks since it reached $3.36 and that of a consolidation after a strong rally in the first half of 2017 after a strong rally. Although the current consolidation phase has lasted longer than the one observed back then, both formations share key structural similarities. The 2017 consolidation ultimately led to a continuation rally that pushed the XRP price to new highs. If history repeats itself, the present consolidation could also be a precursor to another significant leg up. At the time of writing, XRP is trading at $2.15, down by 13.2% and 15.9% in the past 24 hours and seven days, respectively, and is now in danger of losing the $2.0 support soon. Featured image from Adobe Stock, chart from Tradingview.com
A popular analyst has painted a fresh bullish outlook for the XRP price, putting forward a short-term target around the $3 mark. Here is the altcoin’s potential path to this price target over the coming days. Is A Return To $3 Feasible For XRP? Crypto analyst Ali Martinez took to the social media platform X to share an exciting analysis of the XRP price. According to Martinez, the third-largest cryptocurrency could be gearing up for a 14% price move in the next few days. Related Reading: Bitcoin Price Suppression Below $100,000 Worries Investors, JPMorgan Analysts Reveal Real Problem This bullish forecast is based on the formation of a symmetrical triangle pattern on the 1-hour timeframe of the XRP price chart. The symmetrical triangle is a chart pattern used in technical analysis characterized by a diagonal falling upper trendline (connecting the swing highs) and a diagonally rising lower trendline (along the swing lows). Typically, the asset price narrows and moves toward the apex in a symmetrical triangle pattern. The price will eventually breach the upper trendline for a breakout or breach the lower trendline forming a breakdown. This symmetrical triangle formation could serve as a continuation or reversal pattern depending on the direction of the break. However, symmetrical triangles usually tend to be continuation break patterns, meaning the price tends to break in the initial trend direction before it fell into the triangle pattern. If this logic is to go by, the XRP price is likely to continue its upward movement after it breaks out of the current layout. Nonetheless, it is important to wait for the close of at least two candlesticks above the upper trendline to confirm a bullish breakout. As shown in the chart below, the price target is determined by adding the length of the widest point of the triangle (or base) to the breakout point. Using this strategy, Martinez projected that the XRP price could be preparing for a 14% upward swing from its current point. This means investors could see the altcoin travel to as high as the $3 region over the coming days. XRP Price At A Glance As of this writing, the price of XRP stands around $2.55, reflecting an over 1% decline in the past 24 hours. While XRP has been one of the best-performing assets in recent weeks, the last seven-day period was not particularly favorable for the altcoin. According to data from CoinGecko, the XRP price has declined by nearly 10% in the past week. Related Reading: Dogecoin Whales Go On A 110-Million Memecoin Buying Spree—What’s Next For DOGE? Featured image from iStock, chart from TradingView
XRP’s price action has taken a step back over the past week, with momentum slowing down amid broader market consolidation. After starting the previous week around $2.75, XRP has struggled with a pullback as sellers controlled most of the just-concluded trading week. Related Reading: Dogecoin Whales Go On A 110-Million Memecoin Buying Spree—What’s Next For DOGE? Interestingly, crypto analyst Egrag Crypto has outlined opti mistic scenario where the XRP price could enter a bullish trajectory that sets up short-term targets of $4–$6 and long-term projections as high as $60. Critical Resistance Around $3 Holding Back XRP’s Rally At the time of Egrag Crypto’s analysis, XRP was trading at $2.67 on a brief extension of its losses from $2.75. As the analyst noted, XRP has been facing heavy resistance around the $2.75 to $3.00 range. This zone has historical significance, as it marks a psychological threshold from the altcoin’s previous all-time highs levels around $3.40. As such, Egrag Crypto noted that a monthly close above $3.00 would translate into a strong bullish momentum, while a rejection could cascade into a pullback towards support levels. Should XRP manage to clear $3.00, the next major resistance levels align with Fibonacci extensions at $4.30 and $6.40. What this essentially means is that a strong monthly close above $3 will give XRP the free reign tp push above its current all-time high and it most likely will not meet a strong resistance level until it reaches $4.30 or $6.40. Beyond the short-term resistance at $3.00, Egrag’s analysis suggests that XRP is forming a Parabolic ARC pattern with three distinct phases. These three phases each have their own price targets of $33, $50, and $60 depending on the path it follows. These paths are highlighted in the XRP price chart below. The breakout sequence follows a structured roadmap in the event of a breakout above the Fib 1.618 extension level at $6.40. If surpassed, this could open XRP to a long-term price rally to $8, $13, $27, and even $67 based on Fibonacci extension levels. Rejection At $3 Could Derail XRP’s Price Breakout Despite the promising setup, there are still risks of a rejection at $3. A failure to reclaim $3 could force XRP into an extended period of sideways movement or, worse, a retracement toward $1.90–$2.00. If market sentiment weakens further and XRP breaks below $1.90, it could indicate a shift toward a deeper correction, with $1.00, or even as the next downside risk level. This extreme case is currently unlikely, though, except there’s something that the analyst calls a ‘Black Swan’ across the entire crypto market. Related Reading: Dogecoin $3 Dream: Whale Activity Hints At A Surge—Details However, the current market trajectory suggests that the overall bullish structure remains intact, provided XRP holds above key levels, and volume confirms momentum in the coming weeks. At the time of writing, XRP is trading at $2.57. Featured image from Haberler, chart from TradingView
Crypto analyst Egrag Crypto (@egragcrypto) has outlined both short-term and long-term trajectories for XRP, pinpointing potential upside targets that range from $4–$6 in the near term to $33–$60 over the long haul. The shared chart focuses on historical resistance levels, Fibonacci extension points, and a multi-phase Parabolic Arc formation. XRP Eyes $6—But This Key Level Stands In The Way Egrag Crypto’s chart shows XRP trading near $2.67, coming off a notable bullish surge but now contending with a red horizontal band between roughly $2.75 and $3.00. The upper boundary at $3.00 holds dual significance: it marks a psychologically important level and also corresponds to a critical area from previous cycle peaks. A monthly close above this line would strongly suggest a bullish continuation, potentially setting the stage for a move toward the next Fibonacci extension marks. “XRP current price action is trading at $2.67, showing a strong bullish move but facing resistance at the red horizontal zone (~$2.75-$2.83-$2.910 and $3.00),” Egrag states. The analyst particularly highlights Fib 1.414 near $4.30 and Fib 1.618 around $6.40 as the next barriers if $3.00 is decisively broken. A volume surge would strengthen the bullish case and provide extra confirmation for the run to unfold. Related Reading: XRP Price Consolidation Completed: Will Wave 3 Propel Prices Beyond The $5 Barrier? Failure to overtake $3.00, however, could trigger a correction back into the $1.90–$2.00 support region identified by earlier candle closes. Egrag Crypto notes that if $1.90 fails to hold, a more extensive drop toward $0.90–$1.00 could ensue, which the analyst labels as a potential “Black Swan” scenario likely driven by broader market turmoil rather than XRP-specific weakness. Egrag writes: “Breaking below $1.90 could shift sentiment to bearish, introducing downside risks toward the $0.90-$1.00 range. This would signal a potential Black Swan event across all markets! Such a collapse would be a challenging prelude before the ignition stage for XRP. Honestly, I don’t favor this scenario, as it would be stressful for all of us, including many OGs. Could the upcoming fort knox auditing be the catalyst for this Black Swan.” Related Reading: Pundit Who Correctly Predicted XRP Price Crash To $2.5 Says Demand Zone Will Send It Soaring In the long term, the chart presents three sweeping parabolic arcs—colored yellow, green, and blue—which suggest that XRP may be building a broad-scale bullish structure. Price targets in the $33–$60 range reflect these arcs and channel extensions, though much hinges on whether a monthly close above $3.00 can usher in sustained momentum. Beyond the $6.40 level at Fib 1.618, Egrag Crypto identifies additional Fibonacci-related checkpoints, such as $8, $13, $27, and $67 (Fib 1.888). These higher levels would remain speculative until XRP clears the nearer hurdles and demonstrates stable volume influx and price structure. “Volume and momentum confirmation would be crucial in the[se] coming phases,” he adds. While the path forward depends on technical breakouts, Egrag Crypto underscores that near-term movement around $3.00 will be pivotal for setting the tone. A successful break above resistance could confirm targets in the $4–$6 window, and eventually open the door to the lofty parabolic objectives. At press time, XRP traded at $2.6198. Featured image created with DALL.E, chart from TradingView.com
XRP’s price trajectory has had ups and downs in the past two weeks. Particularly, the large part of the past seven days was characterized by a notable decline from $2.8 to $2.5 before rebounding at this level. Interestingly, this fall towards $2.5 was highlighted by a crypto analyst on the TradingView platform, who also noted a breakout potential. Crypto analyst TehThomas previously identified the $2.5 level as a key Fair Value Gap (FVG) that could act as strong support and recent price movements suggest that buyers are now stepping in after hitting this level. XRP Tests Key Fair Value Gap At $2.50 TehThomas’ analysis highlighted $2.50 as a significant liquidity zone where XRP could establish support before continuing its uptrend. This level has acted as an imbalance in price action during this cycle and has often caused a reaction as traders step in to fill the gap. At the time of the analysis, XRP was trading at $2.64, but the analyst noted that the cryptocurrency could keep falling until it reaches $2.5 and rebounds upwards. Related Reading: XRP Price Breaks Out Of Symmetrical Triangle Pattern, Why The Target Is $8 Over the past two days, XRP has moved in line with this projection. The cryptocurrency retraced from $2.64, dipping to as low as $2.47 before showing a swift recovery. The rapid bounce from this zone indicates that buy orders were concentrated at this level, and bulls who anticipated a reaction here also stepped in. Now that the decline and rebound have played out as expected, the focus is now on how XRP will behave in the next few days. Having tested and respected this $2.5 support zone, the next question is whether the bulls can build on this momentum and push upward. Demand Zone To Send The Altcoin Soaring With the Fair Value Gap showing signs of acting as strong support, crypto analyst TehThomas believes the next critical step for XRP is breaking above a descending resistance trendline. The breakout point for this descending resistance trendline is around $2.65, and the path between $2.5 and $2.6 is the demand zone for opening long positions. However, there is also the possibility of a retest of the descending resistance trendline after a breakout. If the XRP price can successfully retest and hold above the trendline, it will provide confirmation of the bullish momentum for a further upside move. Related Reading: XRP Price Eyes Bullish Flag Breakout That Could Put 50% Gains On The Board Should this scenario play out, XRP’s next target sits at $3.00, which is another key Fair Value Gap. TehThomas notes that reclaiming this level could trigger an extended rally, with further upside potential beyond $3 depending on market conditions. At the time of writing, XRP is trading at $2.55. Featured image from Adobe Stock, chart from Tradingview.com
After two weeks of trading within the $2.30 to $2.50 range, the XRP price appears to be on the brink of a significant price movement. Potentially entering a new price discovery phase for the first time in seven years, analysts suggest a possible surge to new record highs. Bullish Targets For XRP Price In a recent post on social media platform X (formerly Twitter), technical analyst Dark Defender indicated that the XRP price consolidation has concluded, as evidenced by the lows in the relative strength index (RSI) on the daily chart. Related Reading: Ethereum Price Gearing Up for Gains—Can Bulls Sustain The Momentum? The analyst posits that a “wave 3” rally may be set to launch, targeting a price of $5.85, which would represent an impressive 129% increase from its XRP’s current trading level of $2.55. Further reinforcing his bullish outlook, Dark Defender identified another ambitious target for XRP, suggesting it could nearly triple its previous all-time high of $3.40, aiming for a new target of $8.76, which implies a potential 243% uptrend from current levels. In addition, Dark Defender pointed to key support levels for the XRP price in the short-term, currently established at $1.88 and $2.33. The latter has proven to be a critical threshold, preventing further declines amid a turbulent market characterized by broader cryptocurrency sell-offs. On the upside, however, the XRP price may face major resistance at the $2.66 and $3.12 levels, which previously served as support before the extension of the recent downtrend for the altcoin. Should the XRP price manage to break free from its current consolidation phase and reclaim the $3 mark, additional resistance could emerge at $3.29 and $3.38, levels that previously thwarted attempts to surpass the $3.40 record. SEC Acknowledges Grayscale’s XRP ETF Filing A significant legal development in the US could serve as a catalyst for these anticipated price movements. The US Securities and Exchange Commission (SEC) has recently acknowledged Grayscale’s filing for an XRP exchange-traded fund (ETF), signaling potential advancements toward the approval of such investment vehicles. This development follows a shift in the SEC’s leadership, with the departure of Gary Gensler, who oversaw the lawsuit against Ripple Labs—an action that stifled XRP’s price for nearly four years, confining it to a narrow trading range of $0.30 to $0.50. Related Reading: Bitcoin Unable To Break Upward As 1.6 Million BTC Resistance Wall Blocks Path The current administration under President Donald Trump is seen as adopting a different approach to regulatory oversight compared to the previous Biden administration. The new SEC leadership may promote a more favorable environment for cryptocurrencies beyond the approvals of Bitcoin and Ethereum ETFs last year, which have significantly increased their adoption and attracted capital inflows. However, until these developments materialize, the XRP price remains steady at $2.55, having recorded an 11% gain over the past week but a notable 17% decline over the previous fourteen days. Featured image from DALL-E, chart from TradingView.com
XRP has finally shattered a critical resistance level, surging past $2.7 and breaking above the 100-day Simple Moving Average (SMA). This bullish move signals renewed strength in the market, with buyers stepping in to drive momentum higher. After weeks of sideways trading, XRP’s breakout could be the catalyst for further gains, but can the bulls sustain this rally? With technical indicators flashing positive signals, XRP now faces the challenge of turning this breakout into a lasting uptrend. If buying pressure remains strong, the crypto might be eyeing higher resistance zones, setting the stage for an extended rally. However, if the price struggles to hold above $2.7, a pullback would likely come into play. Market Sentiment Shifts As XRP Gains Momentum XRP’s breakout above $2.7 and the 100-day SMA have injected fresh optimism into the market, shifting sentiment in favor of the bulls. After a period of consolidation, traders are now seeing renewed confidence as buying pressure pushes the price higher. Investor enthusiasm is growing, with many anticipating further upside if key resistance levels continue to fall. Related Reading: Analyst Shares Upper And Lower Targets For XRP Price The breakout has sparked renewed buying interest, evident in the rising trading volume and improving technical indicators, which suggest a potential continuation of the upward trend. As more market participants recognize the breakout as a bullish signal, demand for XRP is increasing, reinforcing positive sentiment in the market. One of the key indicators confirming this upward push is the Moving Average Convergence Divergence (MACD), which is currently trending higher above the zero line. This positioning signals that bullish momentum is strengthening, with the MACD line diverging more from the signal line, a classic indication that buying pressure is increasing. However, despite the growing optimism, market volatility remains a factor. If the altcoin fails to maintain its position above $2.7, it could trigger profit-taking, leading to a short-term retracement. That said, as long as market sentiment remains positive and XRP holds above key support levels, the bulls might maintain control and push the price higher in the coming sessions. Key Levels To Watch After The Breakout With XRP surging past $2.7 and the 100-day SMA, all eyes are now on the next critical price levels that could determine the coin’s next move. Holding above this breakout zone is crucial for bulls to maintain control and push the price toward higher targets. Related Reading: XRP Price Explodes 25%: Will The Recovery Sustain or Fizzle Out? Immediate resistance to watch is the $2.9 level, which currently stands as a crucial hurdle for XRP’s price action. A decisive breakout above this range may confirm that bulls are firmly in control, setting the stage for more upside momentum such as the $3.4 range. A drop below the $2.7 level could signal that the recent breakout was not sustainable, potentially leading to a shift in market sentiment. If XRP fails to establish $2.7 as a strong support zone, it may indicate a false breakout, where bullish momentum fades and sellers regain control. Featured image from Adobe Stock, chart from Tradingview.com
The XRP price action has been one of the brighter spots in the cryptocurrency space in 2025, weathering virtually every storm the market has faced. However, the altcoin could not avoid the market downturn triggered by the new trade tariffs imposed by United States President Donald Trump. The price of XRP dropped to around $2.1 due to the bearish sentiment that engulfed the entire crypto market. However, the XRP token seems to be back on the bullish track, jumping by more than 12% on Friday, February 14. Here’s How XRP Could Reach New ATH In a Friday post on the X platform, pseudonymous crypto analyst Dark Defender shared an updated analysis of the XRP price. The popular crypto trader highlighted the altcoin’s potential to a new all-time high around the $8 level over the next few weeks. Related Reading: XRP Spikes 5% After SEC’s ETF Acknowledgment Sends ‘Enormous Message’ The price of XRP rallied towards $2.8 after the US Securities and Exchange Commission (SEC) acknowledged Grayscale’s XRP ETF application. According to Dark Defender, this positive price action has provided a springboard for the altcoin’s next move. However, the crypto pundit noted that the XRP price needs to clear some hurdles, specifically a major resistance zone around $2.9, to run up to the critical Fibonacci level of $5.85 and potentially 8.03 (an almost 200% rally from the current price). Interestingly, this projection is reinforced by changes in the daily Relative Strength Index (RSI) indicator. The RSI is a technical analysis indicator used to measure the balance between a token’s bullish and bearish momentum. According to Dark Defender’s post on X, the XRP RSI has recently formed a Golden Cross, a signal often associated with increased buying pressure. In the RSI — as with other indicators — a Golden Cross occurs when a short-term moving average crosses above a longer-term moving average. Typically, Golden Cross formations are associated with extended bullish periods, increasing the odds of XRP price maintaining its upward trend toward $5.85 and beyond. If this bullish scenario does not hold, the next support level to watch out for lies around $2.44. However, if the XRP price does not defend this demand zone in case of a pullback, investors could see the fall to the $2.3 mark. XRP Price At A Glance As of this writing, the price of XRP stands at around $2.7, reflecting an over 10% increase in the past 24 hours. According to data from CoinGecko, the third-largest crypto is up by nearly 14% in the past seven days. Related Reading: Ethereum Indicator Flashes Buy Signal On The Weekly Chart – Potential For A Rebound? Featured image from iStock, chart from TradingView
Crypto pundit Andrei Jikh has reignited the $100 XRP price target, sparking a bullish sentiment in the XRP community. The analyst outlined several factors that could contribute to the parabolic rally to the ambitious $100 target. Factors That Could Contribute To The $100 XRP Price Target In a YouTube video, Jikh highlighted a potential end to the Ripple SEC lawsuit as one of the factors that could spark the XRP price rally to the $100 target. He cited the SEC’s removal of the Ripple case from its website, which indicates that legal pressure is easing. The Commission’s agreement with Binance to pause their ongoing legal battle has also sparked optimism that the Ripple lawsuit could soon end. Related Reading: XRP Price Enters Golden Pocket: Analyst Says It’s A Good Buy At These Levels Jikh then alluded to a Nasdaq report stating that 80% of Japanese banks are set to adopt XRP for global payments. The analyst is confident that this move will cause adoption to skyrocket, which could contribute to the projected rally to $100. He noted that Japan’s banking system is huge, which makes this a big deal for the altcoin. Furthermore, the crypto pundit highlighted the potential approval of the XRP ETFs as another factor that could drive the XRP price to the $100 target. He noted how the Bitcoin price surged to new highs after the Bitcoin ETFs were approved, and Jikh believes something similar could happen. Another factor that the crypto analyst believes could contribute to the XRP price rally to $100 is the possibility of Ripple’s payment system replacing SWIFT. He highlighted how the global payment industry is worth trillions of dollars. As such, Ripple processing a huge chunk of these global payments could cause XRP’s utility and demand to skyrocket, ultimately impacting its price. Other Bullish Fundamentals For The Altcoin Meanwhile, Jikh also alluded to the XRP Ledger (XRPL) and Ripple’s Real USD (RLUSD) as factors that could contribute to the XRP price rally to $100. He noted that the XRPL processes around 1,500 transactions, making it a potential option for tokenization plans, which is bullish for the asset. Related Reading: XRP Bulls Shake Off Crash, Target This Major Resistance On The Road To $3.85 If the XRPL becomes the go-to platform for tokenizing real-world assets such as stocks and bonds, this will help drive demand up and make the crypto more valuable. The RLUSD stablecoin is also bullish for XRP as its burn mechanism helps remove XRP from circulation as its utility grows. Jikh then alluded to the possibility of Ripple CEO Brad Garlinghouse being on the White House Crypto Advisory Council. This is especially bullish for the XRP price as Garlinghouse being on the Council could cement its place in the newly-created US sovereign wealth fund. At the time of writing, the asset’s price is trading at around $2.55, up over 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
XRP’s price action within the past seven days has been limited to a trading range as investors look to recover the losses they incurred at the beginning of February. This range is a consequence of the current indecisiveness on the XRP price. However, popular crypto analyst EGRAG CRYPTO has provided a detailed breakdown of XRP’s price trajectory from here. Particularly, the analyst highlighted crucial support and resistance levels that could determine XRP’s movement at each stage. XRP’s Lower Price Targets Indicate Key Support Levels Sharing his insights on X, EGRAG CRYPTO pointed out that recent price action suggests market manipulation was at play, liquidating leveraged traders before a rebound. His observation followed the sharp downturn in the first three days of February when XRP’s price dipped below $3 and found a temporary bottom at $2.12. Furthermore, this decline included a wick that caused a wave of liquidations among leveraged traders. Related Reading: XRP Price Forms Bull Flag On 4-Hour Chart That Could Lead To Massive Breakout Above $2.46 However, the analyst maintains that as long as XRP remains above a certain blue channel on the XRP chart below, the outlook remains positive for its price trajectory. With this in mind, EGRAG CRYPTO provided a set of lower targets that serve as key support levels, emphasizing that closing below any of them could signal weakness. Although price wicks may occur, the analyst suggests that the integrity of the bullish structure remains intact as long as the XRP price does not close below these levels. These support levels are at $2.21, $2.00, $1.80, $1.74, and $1.60. A break and close below the lowest support at $1.60 could indicate a final shift in sentiment and cause a deeper price correction. Upper Targets Signal Potential Bullish Breakout On the bullish side, EGRAG CRYPTO outlined upper price targets that could confirm a strong breakout if XRP successfully closes above them. The analyst identified these targets as $2.62, $2.75, $2.94, $3.22, and $3.40. Notably, XRP had already traded above these price targets during this cycle and even closed above the first four targets in the daily timeframe. Related Reading: Crypto Analyst Predicts XRP Price Will Be $5 By January, Reveals When Price Will Cross $10 EGRAG CRYPTO noted that the higher the price closes above these targets, the more bullish the outlook becomes, particularly over longer timeframes. A breakout and close above $3.40 would mark the first time the cryptocurrency has reached a new all-time high in over seven years. . Furthermore, the analyst price action within the $2 to $3.40 range might simply be market noise. Hence, sustained closes above the resistance levels are all the confirmation that’s needed. At the time of writing, XRP is trading at $2.55, reflecting a 4.6% increase over the past 24 hours. This upward movement brings XRP closer to testing the first breakout target of $2.62. Featured image from Pexels, chart from Tradingview.com
An analyst has pointed out how XRP could be targeting a breakout toward $15 if this pattern forming in its 1-week price chart is real. XRP May Have Broken Out Of A Symmetrial Triangle In a new post on X, analyst Ali Martinez has discussed about a long-term consolidation pattern that XRP may have been traveling inside until recently. The formation in question is a Symmetrical Triangle from technical analysis (TA), which, as its name suggests, is shaped like a triangle. The pattern involves two trendlines within which the price consolidates, with a core feature being that these two levels approach each other at a roughly equal and opposite slope (hence the ‘symmetrical’ in the name). The upper line of the triangle is made by joining together lower highs in the asset and the lower one by connecting higher lows. Just like with other consolidation patterns in TA, the former is likely to provide resistance and the latter support. Related Reading: Bitcoin Could End Up Plummeting To $80,100 If This Support Fails As the consolidation of the cryptocurrency continues inside the triangle, it gets narrower since the trendlines approach convergence. A break out of the pattern starts to become more likely as this happens. When the breakout occurs above the upper trendline, the coin could be assumed to be heading toward a bullish outcome. On the other hand, a fall below the lower level can be considered a bearish signal. The Symmetrical Triangle is just one of the triangle patterns that exist in TA. Two other popular types include the Ascending and Descending Triangles, which occur when one of the trendlines is parallel to the time-axis (the upper one in case of the former and the lower for the latter). Now, here is the chart shared by Martinez, that highlights a potential Symmetrical Triangle that the weekly price of XRP had potentially been stuck inside during the last few years: As displayed in the above graph, the weekly price of XRP may have been following a long-term Symmetrical Triangle pattern between 2018 and November of last year. As mentioned before, a breakout becomes probable as the asset approaches the apex of the triangle and this is exactly what appears to have happened with the cryptocurrency as its price found a sharp surge above the triangle in November. “If this is a symmetrical triangle, XRP has broken out and is targeting $15!” notes the analyst. The target is based on the fact that breaks out of the pattern are usually of a similar scale as the height of the triangle (the vertical line). Related Reading: Bitcoin Unable To Break Upward As 1.6 Million BTC Resistance Wall Blocks Path From the current price of the coin, a rally to this level would imply a rally of a whopping 517%. It now remains to be seen whether the pattern would hold for XRP or not. XRP Price At the time of writing, XRP is floating around the $2.43 level, up more than 1% over the last 24 hours. Featured image from Dall-E, charts from TradingView.com
XRP has been forming a red bearish candle since the beginning of February, which is a result of a price crash that took place at the start of the month. Although THE ALTCOIN has since recovered slightly, it has yet to return to its January open. Nonetheless, the majority of crypto investors remain bullish on the long-term prospects for XRP, with analysts doubling down on optimistic price targets ranging from $2 to $5. However, a crypto analyst on the TradingView platform has presented a compelling bearish case for XRP, warning that the asset is nearing the end of a crucial 12-year cycle, which could trigger a severe correction down to $0.1. XRP’s 12-Year Cycle Nears Completion. Major Correction Ahead? According to the analyst, XRP has almost completed a 12-year cycle, and the conclusion of this phase is going to be a very intense correction of the XRP price. While acknowledging that XRP could still reach a slightly higher high before the full decline begins, the analyst believes that the probability of significant further upside is low and warns that a continued correction might occur over the coming months. Related Reading: XRP Bulls Shake Off Crash, Target This Major Resistance On The Road To $3.85 The warning is centered around technical indicators and technical patterns, particularly a long-term triangle pattern. This long-term triangle pattern persisted for five years between XRP’s all-time high of $3.40 in 2018 up until 2024, before breaking out into a final fifth wave. This final fifth wave has allegedly peaked at $3.40 in January 2025, and the next move from here is an extended move downwards. The analysis also references the Bullish/Bearish Reversal Bar Indicator by Skyrexio, which confirmed the conclusion of the 12-year cycle. Now, the proposed target for the correction is set around $0.1, based on the 0.5 Fibonacci retracement level. Contrasting Prediction As Majority Remain Bullish On The Altcoin’s Future At the time of writing, XRP is trading at $2.43, meaning that a correction to $0.1 would represent a 95% decline from its current level. Such a drop would not only erase nearly all of XRP’s gains since 2017 but would also mark one of the most devastating collapses in its history. Interestingly, this projected loss in XRP market cap would be even greater than the one witnessed during the years it was suppressed by the weight of the SEC lawsuit against its parent company Ripple. Related Reading: XRP Price Forms Bullish Flag On Daily Time Frame That Could Drive Price 45% To $2.9 This bearish prediction contrasts the overwhelmingly bullish sentiment currently surrounding XRP. Many analysts and investors expect extended price growth in anticipation of institutional adoption and regulatory clarity under the new Trump administration. One analyst even recently predicted that the XRP price is about to make an all-time high run to $5. Another analyst, Javon Marks, noted that XRP is well on track to reach over $100 in the coming years. Featured image from Medium, chart from Tradingview.com
The past 24 hours have seen bullish momentum return to XRP, with the cryptocurrency now reclaiming the $2.5 price level. This bullish momentum comes after a seven-day stretch of range consolidation between resistance at $2.5 and support at $2.3. Despite this consolidation of the price, technical analysis shows that XRP is still trading in a bullish setup, especially on the daily candlestick timeframe. Notably, this bullish setup shows that the XRP price is about to make a new all-time high run to $5. Bullish RSI Divergence And Strong Support Set The Stage Technical analysis of the XRP price, which was posted on the TradingView platform, shows that the cryptocurrency is on the verge of a maximum surge in the coming weeks. Technical indicators play a crucial role in this outlook, which is currently bullish, despite the recent price downturn. Related Reading: XRP Price Breaks Out Of Symmetrical Triangle Pattern, Why The Target Is $8 One such technical indicator is the Relative Strength Index (RSI), which measures momentum in price movements. The RSI, for one, is flashing a bullish divergence on the daily timeframe. This occurs when the RSI makes higher lows while price action makes lower lows, which is a signal of reversal to the upside. Furthermore, technical analysis shows that despite the price downturn, XRP has managed to hold above strong support at $2. The ability of XRP to hold above the support means that the recent selling pressure wasn’t an XRP price weakness as many expect, but only a consequence of a wider downturn in the entire crypto market. With the bullish structure intact and selling pressure appearing to wane, the asset remains in a strong position for a renewed rally, with a $5 target in sight. Can XRP Break Its All-Time High And Rally To $5? XRP’s all-time high remains at $3.40 and has yet to return to this price level since January 7, 2018. However, the altcoin has been one of the best performers this cycle, and this all-time high might not stand for long. In a recent rally, the cryptocurrency surged to $3.36, only to face sharp rejection from bearish resistance just before breaking new ground. Related Reading: XRP Price Prediction To $4.9: How The 1-Day 50 MA Will Drive The Next Wave A move to $5 would not only mark a new all-time high but also solidify XRP as the best performer this cycle. The path to this milestone, however, will require the cryptocurrency to overcome key resistance zones, particularly around the $2.8 and $3 levels, where selling pressure has shot up this cycle. At the time of writing, XRP is trading at $2.51, having increased by about 4.5% in the past 24 hours. If bullish momentum continues to build and XRP successfully clears these barriers, the projected $5 price target could be within reach. Featured image from Adobe Stock, chart from Tradingview.com
A recent projection indicating a nearly 4,000% increase in XRP value has generated strong discussion among investors and analysts of cryptocurrencies. Related Reading: Tron Social Dominance Climbs As USDT Balance Nears ATH An analyst’s projection shows XRP can soar from its present value of $2.41 to a shockingly $99. Although the bitcoin market is not new for audacious forecasts, market watchers have both strong criticism and cautious interest for this specific prognosis. Market Analysis Shows Historical Pattern Comparison Based on XRP’s performance during the 2017 bull run, crypto expert Javon Marks bases his optimistic forecast on present market conditions. The study notes comparable resistance patterns close to all-time highs, implying a possible breakout like to the one seen six years ago. Critics counter that since then, the terrain of cryptocurrencies has changed dramatically, so such historical analogues could mislead current investors. $XRP to $99+????: The truth is, most of what we have to connect dots with on XRP is its past price performance and man oh man is this breakout and run shaping up extremely similar to 2017. Prices recently met the All Time High, using it as a resistance, just as it did in 2017… https://t.co/gjFsTxYSwG pic.twitter.com/F0wVWE8v0z — JAVON⚡️MARKS (@JavonTM1) February 7, 2025 Figures Underlining The Bold Forecast Considering fully diluted valuation, XRP’s market capitalization would reach between $5.7 trillion and $10 trillion at the recommended pricing objective of $99. Given that the whole value of the cryptocurrencies industry is far lower, these numbers have generated concerns among seasoned market observers. From this standpoint, reaching such a market value would mean XRP by itself would be worth more than multiple major world currencies taken together, a situation many analysts deem economically unlikely. Beyond Technical Analysis: Practical Application Although the majority of Marks’ projection is based on technical analysis, proponents highlight a number of real factors that could influence the value of XRP. Ripple’s growing worldwide alliance network and potential inclusion in a US strategic digital asset reserve are two examples. Another encouraging element is the possibility of the crypto as a SWIFT substitute for foreign transactions. However, these remain speculative scenarios rather than guaranteed developments in XRP’s future. XRP price performance today. Source: Coinbase Related Reading: Final Dip? Dogecoin Correction Could Precede A Record Surge—Analyst A Reality Check Regarding Projections Of Prices Market experts stress the need of treating such extreme price projections with caution. With more institutional involvement, regulatory scrutiny, and market maturity playing major roles, the bitcoin market of 2024 runs under different circumstances than that of 2017. Although XRP has shown real value and established worthwhile alliances via Ripple’s business activities, the road to $99 presents unavoidable financial and logistical obstacles. The lack of a clear timeline for this extraordinary price increase fuels more uncertainty about this bold projection. Such a significant price shift would need several important indicators and market conditions to coincide. These include notable increase of Ripple’s payment channels, good legislative advancements, and general institutional acceptance. Even then, the targeted valuation would require unprecedented levels of capital inflow into the XRP market. Featured image from Gemini Imagen, chart from TradingView
XRP has shown resilience amid the market’s volatility and uncertainty, standing strong as it rebounds from recent lows. The price is now over 33% up from Monday’s low, signaling renewed momentum and a potential push toward higher levels. Despite ongoing turbulence in the broader crypto market, the price appears to be regaining strength, with investors closely watching its next move. Related Reading: Ethereum Trades Inside A Multi-Year Bullish Pennant – Analyst Sees A Breakout Above $4K Top analyst Ali Martinez shared on-chain data revealing a key trend that has unfolded during this recent market dip. According to Martinez, whales seized the opportunity, accumulating over 520 million coins. This significant accumulation suggests that large investors remain confident in XRP’s long-term potential and could be positioned for a major price move in the coming weeks. With XRP recovering from its recent lows and strong demand emerging at critical levels, traders are now eyeing a breakout above key resistance zones. The coming days will determine whether it can sustain its momentum and extend its rally. If whales continue to accumulate, the price could be setting up for a significant surge as market sentiment shifts toward bullish territory. XRP Whales Prepare For A Rally XRP has been one of the strongest-performing cryptocurrencies in the market since last November, consistently holding key levels despite volatility. As the broader market consolidates before the next big move, XRP appears well-positioned to extend its rally. Analysts are calling for a bullish cycle, citing technical and on-chain data supporting a significant price increase in the coming weeks. Top crypto analyst Ali Martinez recently shared key on-chain metrics on X, revealing that whales took advantage of the recent market dip to accumulate 520 million XRP. This large-scale buying activity indicates strong confidence from institutional investors and high-net-worth individuals who see XRP as a valuable asset in the current market structure. While retail investors often panic and sell during corrections, whales and institutions strategically accumulate, setting the stage for a potential price surge. Historically, whale accumulation during market downturns has been a strong indicator of future rallies, as these large players tend to position themselves ahead of major moves. The fact that XRP has bounced over 33% from Monday’s low reinforces the idea that strong hands are buying at key levels. Related Reading: Solana Could Target $220 If It Holds Current Levels – Analyst Expects Short-Term Bullish Momentum With the altcoin showing strength and buyers stepping in at crucial levels, analysts believe a breakout above supply zones is imminent. If the price continues to hold strong, the next move could take the price beyond key resistance, pushing it toward multi-year highs. The $2.70 and $2.90 levels remain critical resistance zones and once cleared, XRP could enter a parabolic phase. Price Holding Strong Amid Market Volatility XRP has experienced significant volatility in recent days, with sharp price swings shaking market sentiment. Currently, XRP stands at $2.37, showing resilience despite recent market turbulence. Holding above the crucial $2.30 support level is essential for maintaining bullish momentum and initiating a recovery into higher supply zones. This level has historically acted as a key demand area, and if it holds, XRP could see a strong rebound. For bulls to regain control and confirm a trend reversal, XRP must push above the $2.72 mark. This price level represents a key supply zone, and breaking above it would signal short-term strength, allowing for a potential rally toward higher resistance levels. If buyers step in with strong volume, XRP could aim for a breakout above $3.00, setting the stage for further price appreciation. Related Reading: Bitcoin Support Sits At $90,6K Short-Term Holder Realized Price – Expert Reveals Key Resistance Level However, if XRP fails to sustain support at $2.30, bearish pressure could intensify, leading to a deeper retracement. A drop below this level would likely send XRP toward the psychological $2.00 mark, where buyers would need to step in to prevent further downside. For now, all eyes are on whether XRP can reclaim key levels and maintain its bullish structure in the coming days. Featured image from Dall-E, chart from TradingView
Crypto analyst ProjectSyndicate has made a bullish case for the XRP price, which he predicts could record 40% gains soon enough. The analyst also revealed the price level, which he believes is ideal for market participants to buy and hold XRP. XRP Price Eyes 40% Gains As Analyst Reveals Key Level In a TradingView post, ProjectSyndicate predicted that the XRP price could witness a 40% move to the upside soon enough. This came following his analysis of XRP’s 4-hour chart. He noted that the outlook remains bullish despite the current pullback in progress. The analyst added that buying low is still a perfect trade setup with low risk. Related Reading: XRP Price Forms Descending Triangle On The Daily Chart, Why $1.95 Is Important Project Syndicate remarked that the price is currently in correction mode after the retest of the all-time high. He added that there is limited upside at the current market price of $2.50. In line with this, he asserted that the pullback isn’t complete and predicted that XRP could still drop to as low as $2 before it records the 40% gains that he predicted. Based on his strategy of buying low, he recommended that market participants should look to buy and hold the crypto when its price drops to $2. He also advised that they should take profit when XRP records the 40% gains as it rebounds to $2.80. The XRP price has suffered one of the worst pullbacks among the major caps amid the current bearish sentiment in the crypto market. As a result, XRP has also lost its spot as the third-largest crypto by market cap, dropping to number four behind USDT. However, amid this pullback, crypto analyst ColdBloodedCharter has also stated that now is a great opportunity to accumulate XRP. He highlighted $2.50, between $2.25 and $2.30, and between $1.90 and $2 as buy-the-dip levels that “make sense.” This Pullback Could Be The Final Low Before Liftoff In an X post, crypto analyst CasiTrades raised the possibility of this pullback being the final low before a price liftoff. She asserted that there has been no change to the overall bullish setup on XRP, although the crypto is now targetting Wave 3 down extensions at $2.16, $1.87, and $1.57 for the next major support. Related Reading: XRP’s Price Breakout Sets The Tone For A Historic Bull Run To A New All-Time High The crypto analyst opined that the XRP price is in the fifth wave of C within an ABC pattern for a large Wave 2. She added that the sell-off massively extended the asset past C targets, but the pattern still needs to be completed. With this development, CasiTrades stated that this means that XRP could be at the final low before a massive Wave 3 up begins. She added that this would send the altcoin past previous all-time highs (ATHs) with minimal resistance. At the time of writing, the XRP price is trading at around $2.45, down almost 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Medium, chart from Tradingview.com
The XRP price has entered a Golden Pocket—a key Fibonacci retracement level that often acts as strong support. According to a crypto analyst, this new development could present an attractive buying opportunity for investors, especially as the market consolidates. XRP Price Golden Support Could Trigger Rebound A crypto analyst, known as “ColdBloodedCharter’ on TradingView, has presented a detailed technical chart analysis of XRP, discussing its current position, potential future trends, and key buying levels. The analyst disclosed that XRP is currently inside a Golden Pocket, supported by a 50-day Moving Average (MA) directly below it. Related Reading: XRP Bulls Shake Off Crash, Target This Major Resistance On The Road To $3.85 The analyst noted that his previous analysis from the day before was playing out exactly as planned, with the new Golden Pocket acting as a resistance level when approached from below. On a short-term outlook, the TradingView crypto expert expects no immediate breakout for the XRP price. This bleak forecast is attributed to the possible selling pressure fueled by the recent 500 million XRP escrow unlocks initiated by Ripple Labs earlier this week. The analyst also cited XRP’s current consolidation phase, which started 19 days after hitting a cycle high, as a barrier to an immediate bullish price breakout. The last consolidation phase lasted as long as 39 days after XRP had reached $2.91 on December 3, 2024. Looking at the analyst’s price chart, XRP formed a Bullish Pennant pattern, which led to an earlier breakout in 2024 before its consolidation phase. Based on this past trend, the TradingView analyst predicts that XRP could experience another two to three weeks of choppy price action before initiating its next big move. The triangle pattern on the XRP price chart suggests a strong rebound towards a bullish price target at $3.43 if the cryptocurrency can hold its Golden Pocket support. Key Buy Levels To Watch While ColdBloodedCharter projects a rally to $3.43 for the XRP price, the TradingView analyst has also outlined key buy-the-dip levels investors can watch out for in preparation for this potential surge. The $2.50 level will be a primary support area for XRP, offering investors a 6-7% discount from current low prices. Related Reading: XRP Long Term Potential Remains Extremely Bullish Possibility Of Price At $20 If XRP plunges further, the analyst expects it to reach the support levels between $2.25 and $2.30. He reveals that this price level is a much safer entry point and accumulation zone for investors, especially if Bitcoin (BTC) remains above $95,000. The analyst has also highlighted a steeper support zone between $1.9 and $2.00. This support presents a significant dip-buy opportunity and is expected to occur if Bitcoin experiences a sharp pullback to new lows around $91,000. While further market declines will serve as a buying opportunity for many investors, they also pose a risk to those who purchased XRP during price highs. The TradingView analyst has revealed that XRP’s Relative Strength Index (RSI) is cooling down, suggesting weakening market momentum. However, he remains optimistic, predicting a strong reversal soon. Featured image from Medium, chart from Tradingview.com
XRP attempt to break past the $2.7 resistance level has been met with strong selling pressure, forcing the price into a fresh decline. Its failure to sustain bullish momentum has shifted market sentiment, with bears seizing control and pushing the altcoin lower. As a result, traders are now eyeing key support levels to gauge the next move. With technical indicators hinting at growing weakness, further losses risks remain high. If bearish pressure continues, XRP could see an extended drop, testing lower support zones. However, a swift recovery above critical levels could reignite bullish hopes and prevent a deeper correction. Bears Take Control: XRP Move Toward Lower Support Levels XRP’s upside run has lost momentum following a strong rejection at the critical $2.7 resistance level, shifting market control back into the hands of the bears. The inability to sustain an upward breakout has triggered increased selling pressure, forcing the price into a downward trajectory. With bearish sentiment strengthening, XRP is now edging closer to key support zones that might determine the next phase of price action. Related Reading: XRP Price Explodes 25%: Will The Recovery Sustain or Fizzle Out? Technical indicators provide additional confirmation of XRP’s bearish outlook, particularly the fact that the price is trading below the 100-day Simple Moving Average (SMA). The 100-day SMA is often viewed as a crucial long-term trend indicator, and when the price is consistently below this level, it suggests that the overall trend is weakening or shifting to a bearish phase. In conjunction with this, the RSI, which had been attempting to recover, has started to decline again after failing to reach the 50% threshold. This suggests that sellers are gaining the upper hand. If the downward trend continues, XRP could face a test of lower support zones, making the next few trading sessions crucial in determining its direction. Key Support Levels To Watch If Selling Pressure Intensifies As selling pressure intensifies, monitoring key support levels that could determine XRP’s next move has become crucial. The first significant level to watch is the $1.9 support zone, which has previously provided a cushion for the price during pullbacks. Related Reading: XRP Price Sees a Bearish Shift: Key Levels to Watch A break below this level would signal an acceleration of the negative trend, leading to a test of the $1.7 mark, another critical support area. Should the price fall below $1.7, XRP may find itself in a deeper correction, potentially heading toward the $1.3 support region. However, a surge in bulls’ strength from any of these key support levels would trigger the beginning of a possible reversal for the altcoin. A bounce from the $2.2 or $2.0 support zones might indicate that buyers are stepping in to defend these critical levels, providing enough strength to push the price back toward key resistance zones. Featured image from Medium, chart from Tradingview.com
Crypto analyst Dark Defender (@DefendDark) has released an updated technical chart that indicates XRP could be on track to reach the long-anticipated $8 price level in the “upcoming days.” The chart, shared on X yesterday, depicts an Elliott Wave structure complete with clearly defined support and resistance levels, along with a noteworthy correction currently taking place below the $3 price zone. The analyst first teased the chart on X: I will explain how XRP is expected to target $8 in the upcoming days with key levels and my enter and exit strategies […] I will share it on X […].” He later shared the chart and explained: “XRP continues the daily correction and consolidates under the $3 level, which will be the breakeven point for continuing with our targets. Wave 3 indicates $5.85 is at sight and closer than ever before. This structure aims at $8+ levels with its 5th Wave shortly.” The XRP Price Analysis Broken Down According to Dark Defender’s latest daily chart, XRP has been trading within a descending channel (identified by two white trend lines), from which it previously broke out. The analyst denotes five impending waves (labeled (1) through (5)) in an Elliott Wave formation. Wave (1) peaks near $3.3999, while the subsequent correction, labeled (2), dips back inside the Ichimoku Cloud region on the chart. Related Reading: XRP Price Crashes Hard: Is There a Recovery in Sight? At the chart, XRP hovers around $2.56, and the analyst emphasizes the $3 critical level as the necessary “breakeven point” for resuming bullish momentum toward higher targets. The XRP price needs to break through the top white trendline on the chart to build momentum in Wave (3). The chart also features a highlighted 261.8% Fibonacci extension line around $5.8563, signaling a projected Wave (3) objective. After a presumed Wave (4) pullback below $4.50, Wave (5) targets $8+ — a zone that Dark Defender believes XRP could reach “shortly.” In the comment section beneath the post, one user, @pommapomatum, questioned whether XRP’s second wave legitimately dipped below the start of Wave (1), a move typically inconsistent with classical Elliott Wave theory. Dark Defender responded by citing a historical precedent from December 6, 2017. “You are right. However, when we check XRP history, we see similar wicks down to clear the way for the next move. We had this type of extraordinary move on December 6, 2017. XRP went from 30 cents to 0.002 cents and then within a month, XRP hit the ATH at $3.82,” Dark Defender stated. Related Reading: Get Ready: XRP Set To Skyrocket To $4.39, Says Trading Guru @pommapomatum countered that the 2017 wick has been exchange-specific and not indicative of market-wide conditions. Dark Defender acknowledged this concern, noting that not all platforms showed the dramatic wick in 2017 and that the same discrepancy appeared yesterday on certain exchanges. “It was the same case yesterday. Not all the exchanges had the same wick. E.g. Kraken. I think that is an exception and chosen to exclude that wick but candle close,” the analyst remarked. Notably, the Ichimoku Cloud on the chart underscores ongoing consolidation as XRP’s price moves beneath the $3 threshold. Dark Defender describes this support zone as key for bullish continuation, noting that a decisive break above $3 would confirm the next major wave toward $5.85 (Wave (3)) and, ultimately, an $8+ target (Wave (5)) if the pattern follows through as envisaged. At press time, XRP traded at $2.50. Featured image created with DALL.E, chart from TradingView.com
Renowned technical analyst Peter Brandt stirred up the XRP community on January 30 by posting a daily price chart (XRP/USDT) suggesting a “bull flag” continuation pattern. Brandt, whose reputation in charting spans decades, highlighted $4.39541 as the upper price objective based on the current market structure. “Hey XRP_pill_poppers. To be clear: I could care less what XRP is going to do. If it goes up I want to be long. If it goes down I’ve never shorted it, but prefer to troll the poppers. No other way right now to define the chart other than a bull flag. Of course this could change,” Brandt remarked. XRP Bull Flag Formation From the analyst’s vantage point, XRP rallied sharply earlier in January, pushing above $2.6040 before topping near $3.2140. Once this peak formed, the market entered a brief pullback, creating a series of lower highs and lower lows—visualized by descending trendlines on Brandt’s chart. This consolidation resembles a textbook bull flag, a pattern typically interpreted as a pause in an ongoing uptrend. Brandt’s projected breakout could target the next prominent overhead region near $3.5487, with his ultimate bullish objective in the vicinity of $4.39541. These levels—shown by green lines on the chart—indicate possible resistance areas if XRP extends its rally upon confirming the flag’s upper boundary. Two moving averages are visible on Brandt’s chart: The 8-day moving average (green line) is currently hovering just above $3.00. It is helping to define short-term support levels. The 18-day moving average (orange line) is sloping upwards from below $2.70 and reinforces the broader uptrend in play. Meanwhile, the ADX reading of 17.05 suggests that the overall trend strength is moderate, leaving room for greater momentum if price breaks decisively from the flag. A 30-day Average True Range (ATR) value near 0.2135 underscores the daily volatility, which has risen compared to earlier phases but remains contained relative to some high-beta alternative coins. Brandt’s post sparked discussion among traders, including HTL-NL (@htltimor), who noted bullish confirmations using Wyckoff analysis. “Using Wyckoff, it looks good too. Of course, if $TC takes a dive, everything suffers, but it’s one of the better looking alt charts atm,” he stated. Brandt replied with approval, stating “Good confirmation from a good source.” According to the Wyckoff-based chart shared by HTL-NL, XRP has been tracing a series of classic phases—Beginning with the Automatic Rally (AR) after a Selling Climax (SC), followed by multiple Secondary Tests (ST), and culminating in what appears to be a Sign of Strength (SoS). The SoS label often marks the point at which demand decisively overcomes supply, with price pushing above a key resistance level and maintaining support above previously tested zones. This behavior is further supported by volume signatures that show interest resurging during rallies and diminishing on pullbacks. In Wyckoff terms, a successful SoS within a re-accumulation structure typically paves the way for continued upside. The blue line labeled “BUEC” (Back Up to Edge of the Creek) suggests XRP has already retested its last major resistance as support. Should it hold these levels and confirm the SoS, Wyckoff analysts would anticipate a drive toward higher targets, aligning with Brandt’s bullish flag projection. At press time, XRP traded at $3.09. Featured image created with DALL.E, chart from TradingView.com
A well-known crypto analyst, Crypto Beast, has made a bold prediction about XRP future price trajectory, suggesting that it could reach $15 with ease under specific conditions. This interesting outlook comes amidst a consolidation of prices, which is now looking to regain momentum above $3. Banks Adopting XRP Could Send It To $15 Bitcoin was created to disrupt the traditional financial industry and compete with the existing global financial system. While many other early cryptocurrencies like Ethereum and Litecoin also built upon this premise, XRP took another approach. Its creators developed it as a solution for fast and efficient cross-border transactions, aiming to complement the existing financial infrastructure rather than replace it. Related Reading: XRP Long Term Potential Remains Extremely Bullish Possibility Of Price At $20 Despite its intended role in improving financial transactions, XRP has faced years of price struggles, with long periods of decline over multiple years overshadowing its utility. This lackluster growth led many traders to lose faith, with some dismissing it as a dying asset. Interestingly, despite regulatory challenges and market downturns, the asset remained one of the top-ranking cryptocurrencies by market capitalization throughout this period. However, recent price rallies have breathed life into XRP. Particularly, this rally has seen the value of XRP grow massively since November 2024 and is now the third largest crypto in terms of market cap. This has seen sentiment around the altcoin shifting into a more optimistic direction, with some crypto analysts who doubted before now revealing bullish price targets for its price. One of these analysts is Crypto Beast, who recently shared a $15 price prediction for XRP. Speaking to his over 560,000 followers on social media platform X, Crypto Beast stated that XRP’s price could surge to $15 if banks worldwide fully integrate the token into their systems. Is $15 A Pipe Dream Or A Realistic Target There is a valid question of whether XRP can realistically trade at $15 given its tokenomics. As of now, XRP has a total supply of 99.9 billion tokens, with 57.7 billion coins currently in circulation. Its market capitalization stands at $177.6 billion, while its fully diluted valuation is around $307.8 billion. If XRP were to reach $15, its market cap would need to grow to approximately $865.5 billion, assuming no significant increase in circulating supply. This would also push its fully diluted valuation close to $1.5 trillion. Related Reading: XRP Price Rallies To ATH At $3.4, Here’s What’s Driving It And Why The Pump Will Continue Such a surge would place XRP ahead of Ethereum in market cap rankings and within striking distance of Bitcoin. On the surface, this might seem like a challenging milestone, but it could become feasible if the asset gains widespread adoption in cross-border payments and replaces current methods like SWIFT. Consequently, the token’s demand will increase significantly, driving sustained price growth. According to Changelly, the XRP price can reach the $15 target sometime around 2033. At the time of writing, the altcoin is trading at $3.08. Featured image from Adobe Stock, chart from Tradingview.com
Renowned trader and market commentator Jacob Canfield (@JacobCanfield) has identified XRP as the standout performer among altcoins, sharing a price chart on X that underscores the token’s recent momentum. While most altcoins have suffered double-digit losses in recent days, the XRP price has held up exceptionally well. XRP Builds Strong Momentum The daily chart for the XRP/USD perpetual contract on ByBit reveals a steady climb from sub-$0.50 levels in early November to a current consolidation area around $3.10. The overall picture shows a series of higher highs and higher lows, affirming XRP’s ongoing bullish structure. The initial rally began below $0.50, gathering momentum through November and early December. By late December, XRP had reached the $2.00 region, briefly consolidating before continuing its move upward. Around mid-January, the token surpassed $3.00, topping out near $3.20 before experiencing a pullback. Related Reading: XRP Rebound Gains Traction As Bulls Aim To Sustain The Momentum Canfield’s chart highlights several key support and resistance levels, including a pink demand zone around $1.90–$2.00 that has repeatedly acted as a strong base whenever price has dipped. A sharp wick into this zone, followed by a swift recovery, suggests that bulls are consistently defending the $2.00 threshold. Higher on the chart is a black horizontal line near $2.90, which marked the local top in early December 2024 and is now serving as support. XRP’s historical support levels—marked at $0.5478, $0.3125, and $0.1778—sit far below current market prices but provide context for significant regions observed in past trading cycles. Recent candlestick patterns reflect notable volatility around $3.00. A sudden drop briefly took the market under $2.65, but the price rebounded almost as quickly. This type of sharp dip and recovery often implies sufficient liquidity and a willingness among traders to absorb sell orders. The cluster of candlesticks near $3.05–$3.10 indicates a balance between buying and selling pressure at a pivotal resistance zone; a decisive move up or down may set the tone for near-term momentum. Related Reading: Bollinger Bands Tighten On XRP Daily Chart – Major Price Move Ahead? In his brief yet emphatic comment—“XRP – Unironically looks like the best altcoin chart in crypto right now”—Canfield expresses a bullish view based on the chart’s clear structure and resilient demand. He points to the strength of the uptrend, well-defined support and resistance levels, and what appears to be robust interest in defending key zones. Although he has not offered explicit price targets, the chart reveals the importance of holding above $3.00 which aligns with the pivotal 0.5 Fibonacci retracement level (drawn from the mid-January peak) and potentially breaking past $3.24 (0.786 Fibonacci retracement level). In a worst case scenario, a deeper correction could revisit the $2.00 demand zone, where XRP has found considerable support in recent months. Whether XRP can sustain its position and build upon its market traction remains to be seen, but its technical framework has attracted the attention of many traders looking for altcoins with strong trend dynamics. Featured image created with DALL.E, chart from TradingView.com
After facing a significant crash to $3.7, XRP bulls are making a strong comeback, attempting to break above resistance levels and establish a new price target. With this in mind, a crypto analyst forecasts that if the asset surpasses this resistance, it could skyrocket to $3.85, potentially climbing even higher to hit the $6.5 mark. XRP Bulls Push Toward $3.85 ATH Price During the bull run in 2018, the XRP price hit its current All-Time High (ATH), skyrocketing to the $3.84 level. Now, a TradingView crypto analyst, identified as ‘Mindbloome-Trading,’ has shared a recent forecast, suggesting that XRP could surge past its ATH price to $3.85 in 2025. Related Reading: XRP Price Rallies To ATH At $3.4, Here’s What’s Driving It And Why The Pump Will Continue The analyst’s bullish XRP price prediction is based on key resistance and support levels, with the expectation that the cryptocurrency can break above these levels. He shared a detailed video chart analysis, highlighting the altcoin’s price action on a monthly, weekly, daily, and 4-hour basis. The TradingView analyst announced that XRP is in a bull run and showing signs of a strong upward rally. The cryptocurrency had previously broken the $2.6 price, transforming this level into a crucial support area for driving its market momentum. Forming a new resistance level at $2.7, the crypto expert disclosed that the asset must break this threshold to initiate a swift climb to $3.15. In his video analysis, he identified the price points at $3.0, $3.11, and $3.14 as critical resistance levels that, if XRP can surpass, could push it to a new all-time high target of $3.85. While the analyst is confident that XRP can hit his projected price target, he also believes that the cryptocurrency could rally even higher, potentially hitting the $6.55 mark. He explained that this surge would be highly possible, as the subsequent increase in XRP’s market capitalization would be a fair and well-supported progression. The TradingView expert also acknowledged that for the cryptocurrency to reach the forecasted $3.85 ATH, several bullish catalysts would be necessary, including a positive upward trend in Bitcoin. Possible Market Dip Ahead As XRP bulls attempt to trigger a price rally toward $3.85, Mindbloome-Trading has shared an alternative bearish scenario for the cryptocurrency if it fails to break above key resistance levels. According to the TradingView analyst, the current resistance XRP is facing is strong, raising the likelihood that the cryptocurrency may struggle to overcome it, potentially limiting its upward momentum. Related Reading: XRP Price To $5.85: Analyst Reveals Why The New Week Will Be ‘Dynamic’ He predicts that if the altcoin fails to surpass the resistance level at $3.13 and $3.15, the cryptocurrency could face a sharp correction, potentially dropping to $3.00 or even lower, with $2.85 being the possible target. As of now, the XRP price is trading at $3.1, reflecting an 11.22% increase over the past 24 hours, according to CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
XRP is showing promising signs of recovery as it bounces back strongly, fueled by renewed bullish momentum. After facing periods of downward pressure, the cryptocurrency is now gaining traction, signaling a potential shift in market sentiment. This rebound has sparked optimism among traders, with many eyeing critical resistance levels that could unlock further gains if breached. The recent surge highlights the resilience of buyers, who appear determined to reclaim control of the market. If the bulls can sustain this momentum, XRP could rally to higher levels, positioning itself for a stronger performance in the short term. However, the market remains watchful as sustaining this recovery will require overcoming key challenges, including resistance barriers that have historically capped its upward moves. Analyzing XRP’s Resilience After $2.72 Support Test After testing the $2.72 support level, XRP has demonstrated impressive resilience, showcasing its ability to recover and build upside strength. The cryptocurrency bounced back sharply, indicating strong buying interest as support levels hold firm. This recovery suggests that the bulls are actively defending key price levels, possibly signaling a continuation of the upward trend if momentum is maintained. Related Reading: XRP Price To $5.85: Analyst Reveals Why The New Week Will Be ‘Dynamic’ XRP’s price action following the rebound from $2.72 is crucial for determining the next moves. If the bulls sustain this positive trend, it could pave the way for further gains to the $3.0 resistance level. However, any failure to hold above the $2.72 support would reintroduce bearish pressure, putting the price back under stress. Furthermore, the RSI indicator shows a promising recovery sign, rising from the oversold zone and above the 50% threshold. This shift implies growing buying strength and signals that market sentiment is turning more positive. A move above the 50% level typically indicates that bullish pressure is gaining strength, which might set the stage for a sustained rebound. Coupled with strong support levels and other technical indicators, this is likely to kickstart an upward trend, confirming the potential for more gains. XRP Price Outlook: Sustaining Momentum Amidst Market Challenges XRP’s price outlook remains positive as it continues to gain momentum despite the challenges faced in the broader market. The altcoin has recently surged past the $2.9 key resistance levels, revealing strength among the bulls. Related Reading: XRP Long-Term Potential Remains Extremely Bullish Possibility Of Price At $20 Technical indicators, such as the RSI and moving averages, suggest that the bullish trend could persist if buying pressure remains intact thereby increasing the chances of a move toward the $3.4 resistance level. Nonetheless, sustaining this strength will depend on XRP’s ability to hold the $2.9 support level. A break below this level may trigger a pullback, dampening the uptrend. Featured image from Adobe Stock, chart from Tradingview.com
XRP has faced significant selling pressure over the past several hours, causing the price to dip to new local lows around $2.65. This decline comes after a period of heightened volatility in the broader cryptocurrency market. While the long-term outlook for XRP remains bullish, the recent drop highlights risks that investors need to monitor closely. Related Reading: Solana Active Addresses Surge To 832K Per Hour Outpacing Ethereum Amid TRUMP Meme Coin Hype Top analyst Ali Martinez shared insights on X, pointing to a critical development on XRP’s daily chart. He revealed that the Bollinger Bands, a popular technical analysis indicator, were tightening prior to the drop. This “squeezing” pattern is often a precursor to a significant price movement, signaling a shift in market dynamics. As XRP moved below key demand levels, the breakdown has left traders speculating about the next possible move. Some see this as a temporary setback within a larger bullish trend, while others warn that continued selling pressure could lead to further declines. For now, XRP is at a pivotal juncture. Investors and analysts alike are closely watching for signs of stabilization and a potential rebound, which will be critical for maintaining confidence in the token’s long-term trajectory. The coming days will likely reveal whether XRP can regain momentum or continue to face downward pressure. XRP Faces Intense Volatility Amid Speculation XRP has been at the center of market activity, with massive price swings dominating the past few weeks. The cryptocurrency has faced significant volatility, and analysts predict that the coming days could bring even more aggressive movements. Despite the turbulence, many investors view this as a strategic opportunity, maintaining optimism about XRP’s long-term growth potential. Top crypto analyst Ali Martinez recently shared a key technical insight on X, pointing to tightening Bollinger Bands on XRP’s daily chart. This pattern is often associated with periods of reduced volatility followed by sharp price movements. True to form, the anticipated move materialized, leading to a dramatic price drop of over 15% in just a few hours. This steep decline has raised questions about XRP’s immediate future. While the long-term outlook remains positive for many, the recent drop has sparked concerns that XRP may be entering a deeper consolidation phase. Such phases are often necessary for market recalibration but can test investor patience and resilience. Related Reading: Ethereum Whales Keep Buying As Price Struggles – Expert Discloses Massive Accumulation The market’s current mood is mixed, with bullish investors eyeing this period as a potential accumulation phase. Meanwhile, analysts continue to monitor key technical indicators to determine whether XRP is poised for a rebound or further downside. The coming days will be crucial in shaping XRP’s trajectory and whether it can maintain its reputation as a resilient player in the crypto space. Signs of Recovery Amid Recent Volatility XRP is trading at $2.76 following a sharp drop into the $2.65 level during recent market turbulence. Despite the downturn, the price has demonstrated resilience, recovering approximately 5% in the past few hours. This rebound has brought a sense of cautious optimism among investors and traders. For bulls to reclaim momentum and steer XRP back toward bullish territory, holding above the critical $2.80 level is essential. This mark has emerged as a key threshold for maintaining upward pressure and preventing further downside. A strong defense of this level could set the stage for a broader recovery, attracting fresh buying interest and improving market sentiment. Related Reading: Cardano Consolidates In A Symmetrical Triangle – Analyst Expects A 40% Move While XRP’s long-term outlook remains constructive, the current market environment is marked by uncertainty and heightened volatility. Traders are closely watching for confirmation of strength above the $2.80 level, which would signal that bulls are regaining control. Failure to hold this mark could result in another test of the recent $2.65 lows, potentially leading to a deeper consolidation phase. Featured image from Dall-E, chart from TradingView
A new XRP price prediction has surfaced, with a crypto analyst forecasting that the popular altcoin will experience a dynamic surge to $5.85 in the new week. Based on the Elliott Wave Theory and key technical indicators, the analysis outlines how XRP could see a significant upside after breaking out a symmetrical triangle pattern. On January 26, Dark Defender, a prominent crypto analyst on X (formerly Twitter), forecasted an XRP price surge to a new all-time high of $5.85. The analyst shared a chart illustrating an Elliott Wave pattern consisting of five waves (1 through 5) in an upward trend XRP To Break Out To $5.85 Typically, the Elliott Wave theory suggests a cyclical price movement, where Wave 3 is presented as the strongest wave with the most explosive price increases. On the other hand, Wave 4 is highlighted as a corrective phase, while Wave 5 represents the final leg of an uptrend. Related Reading: XRP Long Term Potential Remains Extremely Bullish Possibility Of Price At $20 Dark Defender revealed that the current XRP Elliott Wave structure was established as early as August 2023, where Wave 3 has consistently targeted the $5.85 all-time high level. This price surge would translate to an impressive 261.8% increase, marking a dynamic shift in the new week. Once the $5.85 target is achieved, Wave 5, which is the final wave of the Elliott wave cycle, points to a longer-term price target of $18.22. Achieving this level would signify a massive 361.8% increase, marking a historic milestone for XRP. In his detailed analysis, Dark Defender also pointed out a 4-hour symmetrical triangle pattern on the XRP price chart. This unique technical formation is often a precursor of a significant price movement, which, in XRP’s case, the analyst forecasts a breakout to occur within the next 16 to 20 hours following his analysis. The breakout from the triangle pattern is expected to align with the broader upward trend. Moreover, the green circle on the chart shows that the XRP price has retested and confirmed support after breaking past the breakeven line toward the $2.4 resistance level. This move sets the stage for the analyst’s projected rally, with a primary target of $5.85 level and a secondary goal of $4.55. XRP Price Plummets 10% In One Day While the broader crypto market exhibits bullish sentiments toward XRP due to its impressive performance this year, the popular altcoin is currently facing significant bearish momentum as it struggles to break through key resistance levels. Related Reading: XRP Price Eyes Bullish Flag Breakout That Could Put 50% Gains On The Board As of writing, CoinMarketCap’s data shows that XRP has plummeted from a previous price high above $3 to $2.8. The cryptocurrency recorded a 10.3% decline in the past 24 hours after experiencing severe bearish pressure that led to a 14% drop last week. Despite this bearish performance, analysts remain increasingly bullish on XRP, predicting significant price rallies that would propel the altcoin to new heights. One notable forecast suggests that XRP could rally so high over time and potentially flip Bitcoin, the world’s largest cryptocurrency. Featured image from Adobe Stock, chart from Tradingview.com
XRP, the native cryptocurrency of the Ripple network, has seen its price grow massively in recent months, allowing it to overtake many other large-market cap cryptocurrencies. At the time of writing, XRP is the third-largest crypto by market cap, and current buying trends suggest it might stay there for a while. As of January 25, 2025, the altcoin has a total supply of 100 billion tokens, with approximately 57.64 billion currently in circulation. Notably, a significant portion of this circulating supply is concentrated among a small number of wallets. Specifically, the top 10 addresses hold about 20.99% of the circulating supply, while the top 50 addresses control approximately 53.3%, which raises the question about the distribution of wealth in the ecosystem and who stands to benefit the most from the price rally. Top 20 Wallets And Their Dominance Over XRP Supply The largest XRP holdings are primarily associated with Ripple Labs, its founders, and major cryptocurrency exchanges. In terms of numbers, data from Coincarp shows that out of the 4,840,747 addresses, the top 20 holders, the top 50 holders, and the top 100 holders hold 50.31%, 63.74%, and 71.76% of the circulating supply, respectively. Related Reading: XRP Price Rallies To ATH At $3.4, Here’s What’s Driving It And Why The Pump Will Continue According to distribution data, Ripple Labs currently owns around 46 billion XRP tokens, although most are locked in escrow. These tokens are released periodically in pre-set amounts, limiting Ripple’s ability to freely access or manipulate the escrowed funds. Even with these restrictions, Ripple Labs holds a considerable amount of liquid XRP. Data from blockchain explorer Bithomp indicates that one of Ripple’s wallet addresses alone contains over 1.3 billion XRP. Also, Ripple Labs co-founder Chris Larsen is the largest individual holder of XRP, holding over 5 billion tokens, making him one of the wealthiest individuals in the ecosystem. Major exchanges like Binance and Uphold also manage significant reserves. For instance, one of Binance’s wallets holds over 1.3 billion XRP, accounting for approximately 1.33% of the circulating supply. South Korean-based crypto exchange Upbit also holds about 4.38% of the total supply, among a few other exchanges. Holding Distribution: Anything To Fear? These large-scale holdings by exchanges and Ripple-related entities paint a picture of an XRP ecosystem dominated by a relatively small group of stakeholders. However, when you think about it, these large holdings are not in the hands of any private company or individual that would potentially be at risk of manipulating the price for their benefit. Related Reading: XRP Price Eyes Bullish Flag Breakout That Could Put 50% Gains On The Board Furthermore, the bulk held by exchanges represents aggregated assets belonging to thousands, if not millions, of individual users. As such, their concentration in exchanges does not pose any unnatural risk to the natural price dynamics for XRP. At the time of writing, XRP is trading at $3.10, having recently reached a seven-year high of $3.38. Featured image from Medium, chart from Tradingview.com
In a notable change in the crypto regulatory environment, asset managers are regaining confidence in their pursuit of ETFs. Significantly, CoinShares submitted applications for a spot XRP ETF and a Litecoin (LTC) fund, indicating an increasing enthusiasm for altcoin investment offerings. CoinShares Targets Litecoin And XRP ETF CoinShares’ submission arises as the US ETF market is progressively concentrating on cryptocurrency investments, after the approval and resulting success of funds investing in Bitcoin (BTC) and Ethereum (ETH) in 2024. The firm has submitted an S-1 registration statement to the Securities and Exchange Commission (SEC) to launch the XRP ETF, aimed at providing investors with direct exposure to the market’s second largest altcoin. Related Reading: SAB 122 Is A Bigger Bitcoin Price Catalyst Than The US BTC Reserve Additionally, CoinShares is expanding its offerings by applying for a spot Litecoin ETF, positioning itself as one of the few companies actively exploring altcoin-based ETFs in the US market. On the same day, Grayscale Investments also filed applications with the New York Stock Exchange (NYSE) for both a Solana ETF and a Litecoin ETF, alingning with other firms, including Canary Capital and CoinShares, all seeking regulatory approval for similar products. Skepticism Surrounds Proposed Litecoin ETF Despite the enthusiasm surrounding the XRP ETF filing, the altcoin has shown a mixed response in the market. XRP recently emerged from a nearly three-year consolidation period below the $0.50 mark, boosted by excitement surrounding pro-crypto regulatory shifts under President Donald Trump. Currently, XRP is experiencing remarkable momentum, boasting a staggering 500% year-to-date gain, trading at approximately $3.10. However, the announcement of CoinShares’ XRP ETF did not significantly impact the token’s price, which remains down 0.4% within a 24-hour period. Related Reading: XRP Long Term Potential Remains Extremely Bullish Possibility Of Price At $20 On a more critical note, the proposed Litecoin ETF has sparked skepticism among some market experts. Analyst Ali Martinez expressed concerns regarding the viability of a Litecoin ETF, pointing out that the coin has remained stuck in the same price range since 2017, a span of eight years. The analyst continued to probe the reasoning for initiating a Litecoin ETF when ironic options, like a “USDT ETF,” he claims, might provide more instant advantages such as staking rewards. Featured image from DALL-E, chart from TradingView.com
XRP is currently at a critical juncture, trading at a key level after breaking its all-time high just eight days ago. Despite the market’s inherent volatility, price action remains robust, fueling optimism among investors and analysts. As the broader crypto market enters a bullish phase, XRP is gaining attention as a potential leader in the next major rally. Related Reading: Solana Compresses Near Previous ATH – Gearing Up For The Next Leg Higher? Market sentiment is growing increasingly positive, with analysts predicting a massive move into price discovery. Among them, crypto expert Carl Runefelt has shared an intriguing technical analysis on X, highlighting a bullish setup for XRP. According to Runefelt, the price is forming a bullish pennant pattern on the 4-hour timeframe, a classic indicator of potential upward continuation. This pattern suggests that XRP is consolidating before a significant breakout, which could propel the price into uncharted territory. As excitement builds, investors are watching closely to see whether XRP can sustain its momentum and capitalize on the bullish market environment. A breakout from the bullish pennant could confirm XRP’s trajectory toward new milestones, reinforcing its position as one of the market’s most dynamic assets. XRP About To Enter Price Discovery XRP is on the verge of entering price discovery as the broader crypto market signals a bullish rally. Following a strong pump in early November, XRP’s price action has remained resilient, fueling optimism for substantial gains in the months ahead. As the market flirts with a decisive phase, XRP continues to stand out as a top contender for life-changing returns for investors and traders. Renowned crypto analyst Carl Runefelt has shared an insightful technical analysis on X, highlighting a bullish setup for XRP. According to Runefelt, the price is forming a bullish pennant pattern on the 4-hour timeframe, a classic indicator of potential upward continuation. Based on this setup, Runefelt has set a price target of $4.20 in the coming weeks, aligning with broader expectations of a market-wide rally. The bullish pennant suggests that XRP is consolidating before its next major move. If the pattern holds, the breakout could propel XRP into uncharted territory, confirming its position as a leading asset in this market cycle. Related Reading: Chainlink Is In The Middle Of A Bullish Breakout – Analyst Sets $50 Target As the market gears up for a potentially explosive phase, XRP is well-positioned to capitalize on the momentum. With its strong price action and favorable technical setup, XRP has the potential to deliver significant returns. Investors and traders are closely watching as XRP prepares for its next move, with anticipation building for what could be a pivotal rally. Price Testing Critical Levels XRP is currently trading at $3.19, following a massive surge above its previous all-time high last week. The recent price action highlights XRP’s strength as it continues to attract investor interest during this bullish phase. However, the asset has entered a brief consolidation phase, which could signal preparation for its next move. For bulls to maintain momentum and sustain the uptrend, reclaiming the $3.25 resistance level is critical. Breaking above this mark would likely reignite buying pressure and pave the way for another push toward new all-time highs. Achieving this would reinforce the bullish structure and solidify XRP’s position as one of the market’s top-performing assets. Conversely, holding above the $3.05 support level is equally important to confirm the ongoing trend. This level has become a key line of defense, and a breakdown below it could signal weakness, potentially leading to a deeper correction and testing lower demand zones. Related Reading: Cardano Will Reach $1.50 Once The $1.10 Resistance Breaks – Details As XRP consolidates, investors are closely monitoring these crucial levels. A breakout above $3.25 or a strong defense of $3.05 will provide clearer direction for XRP’s next move. The coming days will be pivotal in determining whether XRP can sustain its bullish momentum or face temporary headwinds. Featured image from Dall-E, chart from TradingView
The XRP price is in the spotlight again, as a crypto analyst has shared his short—to long-term prediction for the third-largest altcoin. While the asset has experienced a series of bullish events that have driven its price to its current level, the analyst strongly believes that the cryptocurrency can jump even higher to reach $20. XRP Long To Short Term Price Prediction According to a crypto analyst identified as ‘XRP Meesku’ on X (formerly Twitter), the XRP price is gearing up to skyrocket to a new long-term ATH target of $20. The analyst’s bullish outlook for the token stems from its innovative potential, as advanced developments and technological advancements tend to drive price surges in a cryptocurrency. Related Reading: XRP Price Rallies To ATH At $3.4, Here’s What’s Driving It And Why The Pump Will Continue Notably, the analyst revealed that there has been ongoing speculation that XRP could be pivotal in national banking. He highlighted that many discussions have arisen suggesting that the altcoin could be used as a potential base layer for the United States (US) banking system. If this happens, it could fuel significant growth and adoption for XRP, potentially positioning it as a “global asset that is gaining traction.” Moreover, it could trigger a price increase of $20 ATH for the altcoin. In the mid-term time frame, XRP Meeksu predicts that the altcoin could potentially hit $8 first before attempting to break past its cycle top. He reveals that his optimistic outlook for XRP was influenced by factors such as new financial products like futures and the ongoing legal challenges with the US Securities and Exchange Commission (SEC). Based on his analysis, the crypto expert suggests that resolving these issues could spark a price rally. Finally, the analyst shared a short-term price forecast for XRP, highlighting that altcoin is expected to experience significant volatility, leading to price fluctuations. Due to its sharp growth potential, he predicts a surge to $3.6 or higher was possible. Moreover, the X market expert mentioned the increase in significant liquidation trends, underscoring that traders may take a long position after being forced to close due to market fluctuations. Bullish Factors Driving The Price Surge While the XRP Meeksu shares his long- to short-term bullish prediction for the XRP price, the analyst also outlines several bullish activities that could drive a potential surge in the cryptocurrency. According to the crypto expert, the XRP market has seen a lot of activity lately, with the price stabilizing despite spikes in whale activity. Related Reading: XRP Price Eyes Bullish Flag Breakout That Could Put 50% Gains On The Board Looking at the asset’s past performances, the analyst mentions a notable transfer of $62 million to various crypto exchanges — a movement that could potentially be seen as a sell signal for strategic whale repositioning. Moreover, the CME Group has hinted at launching XRP futures, paving the way for institutional adoption and engagement in the cryptocurrency. Furthermore, the analyst delved deeper into the lawsuit between Ripple and the SEC, highlighting discussions about potential settlements and the conclusion of the almost four-year legal battle. Despite the lawsuit drama, the crypto expert disclosed that XRP’s overall sentiment remains bullish as analysts project more growth in the future. He revealed that XRP is showing signs of a price recovery and could soon hit new ATHs. Moreover, its community remains vibrant and active, sharing updates about ongoing scam threats, key events, and more. Featured image from Adobe Stock, chart from Tradingview.com