XRP Price Prediction: Can It Hit $2.70 Soon?

XRP price prediction has gained the attention of crypto analysts and traders alike, as Ripple’s native token edges higher, hinting at a possible breakout. XRP, alongside Cardano (ADA) and Dogecoin (DOGE), has recently seen strong bullish momentum, with key resistance levels being tested and surpassed in the last 36 hours.

Ripple (XRP) Charts Bullish Structure

XRP made a modest 7.5% gain over the past day, but analysts believe this could just be the beginning. Market expert Ali Martinez highlighted the formation of an inverse head and shoulders pattern on XRP’s chart—a classic bullish reversal signal. This technical setup may power a move toward the $2.70 level.

Just weeks ago, XRP dropped to $1.60 amid broad market turbulence, particularly due to tariff-related fears. The token managed to recover quickly, reclaiming the crucial $2 level, which had previously served as a solid support zone.

During the consolidation phase that followed, tightening Bollinger Bands indicated that a significant price movement was imminent. That shift occurred recently, as XRP surged past $2.25—its highest point in weeks. According to Martinez, XRP’s upward trajectory could continue if the bullish pattern plays out and market sentiment stays strong. He remains confident in a short-term goal of $2.70.

You can view more about the technical analysis here. Furthermore, Martinez reinforced this price target in a separate post discussing key growth metrics, available here.

It’s also worth noting that positive developments like the potential approval of a Ripple ETF by U.S. regulators could significantly boost XRP’s appeal and market value. However, unresolved legal battles still pose a downside risk. Ripple’s ongoing litigation in the United States—outlined in this report—could weigh on investor confidence if they escalate.

Dogecoin Breaks Out, Targets $0.195

Dogecoin outperformed XRP in daily gains, spiking by 13% to reach $0.182. This rally was particularly notable since DOGE had previously been at risk of a steep decline if it failed to reclaim the $0.17 support.

The recent breakout past this threshold reestablished positive momentum. Expert Ali Martinez noted in a tweet that Dogecoin is now exiting an ascending triangle—a bullish chart formation—with a potential upside target of $0.195. That would represent a significant near-term gain for the popular meme coin.

Although DOGE is also part of ETF speculation in the US market, its odds of receiving regulatory approval in 2025 lag behind XRP, according to prediction market Polymarket. Currently, DOGE sits at a 52% chance compared to XRP’s stronger 79%, as noted in this ETF outlook.

Cardano (ADA) Eyes $0.77

Cardano has also enjoyed a bullish breakout, rising by 11.5% to approach $0.70. Martinez pointed out in his market analysis that ADA appears to be in the early stages of a breakout, projecting a move toward $0.77 if momentum continues.

According to Polymarket sentiment, Cardano’s likelihood of getting its own exchange-traded fund stands at 57%, positioning it slightly ahead of Dogecoin. This boost in optimism has contributed to ADA’s recent price action, as explored further in this insight from analysts.

Related: $2.3 Trillion Liquidity Shock: Franklin Templeton Says XRP Is Next in Line for Massive Inflows

With all three of these altcoins showing bullish signals both technically and sentiment-wise, crypto investors will be closely watching how prices develop over the coming days. Breakouts in longer-term patterns could shape the trajectory for the spring trading season.