HomeXRP Price AnalysisXRP Analysis: Can Ripple Surge Beyond $4 Soon?

XRP Analysis: Can Ripple Surge Beyond $4 Soon?

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XRP has captured the attention of crypto traders as it pushes toward a critical resistance level. The latest price movements have positioned Ripple at a crucial juncture, raising the possibility of a breakout that could take it past the highly anticipated $4 mark.

Daily Chart Outlook

Ripple has experienced a strong rebound after finding firm support near the $2.8 level. This zone coincides with the 0.5 Fibonacci retracement measured from its previous upward move. This technical alignment has drawn in buying momentum, setting the stage for a rise toward the $3.4–$3.6 price corridor.

This current resistance zone has served as a notable hurdle in the past, where strong supply tends to suppress upward pressure. As XRP tests this area again, market participants are watching closely to see if demand will be sufficient to push through. A solid move above $3.6 backed by high trading volume could open the doors for Ripple to target the $4 threshold—a level that holds psychological importance for traders.

Nonetheless, challenges remain. Given the potential for strong resistance around $3.6, a temporary pause or minor decline from this point isn’t out of the question. Some degree of market hesitation or consolidation is expected before an impactful breakout could occur.

Short-Term Technicals – 4-Hour Perspective

Zooming into the 4-hour chart, XRP’s recent momentum reflects a bullish structure. The price had been consolidating in what technical analysts identify as a bullish flag pattern. This consolidation phase ended with a noticeable push higher, facilitated by support at the 0.5 Fibonacci retracement level—an often-watched technical indicator by chartists.

This breakout pattern has driven the token’s approach toward the $3.6 resistance threshold once again. If buyers maintain control and manage to surpass this level, the scenario could trigger a short-squeeze—a quick jump in buy orders that potentially escalates XRP rapidly toward $4.

However, repeated failures to break through this resistance may push Ripple back into a phase of sideways movement, possibly retesting lower levels within the same price range. This would imply a longer battle between bulls and bears before either side secures dominance.

Related: XRP, Bitcoin Could React to Inflation Data

In conclusion, Ripple’s bullish trajectory appears strong but is reaching a test of significance. Whether XRP will succeed in breaching the $3.6 level and aim higher remains a critical focal point for traders in the near term. Market momentum, trading volumes, and investor sentiment will all play key roles in determining XRP’s next major move.

Quick Summary

XRP has captured the attention of crypto traders as it pushes toward a critical resistance level. The latest price movements have positioned Ripple at a crucial juncture, raising the possibility of a breakout that could take it past the highly anticipated $4 mark.

Source

Information sourced from official Ripple publications, institutional research, regulatory documentation and reputable crypto news outlets.

Author

Ripple Van Winkle is a cryptocurrency analyst and founder of XRP Right Now. He has been active in the crypto space for over 8 years and has generated more than 25 million views across YouTube covering XRP daily.

Editorial Note

Opinions are the author's alone and for informational purposes only. This publication does not provide investment advice.

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