Is XRP Price Gearing Up for a Move to $4? Elite Analyst Weighs In

2025-1-24 02:00

Ripple’s XRP has shown a bullish breakout from a key technical pattern, signaling a potential price rally above $4. Prominent analyst AMCrypto shared insights on X (formerly Twitter) that significant accumulation is underway for XRP, setting the stage for the next leg up. The tweet emphasizes that XRP has historically experienced strong upward movements in Q4 of 2024, and a similar trend may be developing.

XRP Price Chart Analysis: Rounded Bottom Pattern Signals Accumulation

The chart illustrates a rounded bottom formation, a pattern commonly associated with accumulation phases. This structure represents a prolonged period where sellers lose momentum, allowing buyers to prepare for a price breakout.

A yellow dashed line indicates the resistance zone that XRP’s price struggled to breach but has now surpassed, suggesting increased bullish sentiment. The breakout candle, marked by a large green candlestick, signifies strong buying pressure, confirming the start of an upward trend.

Image Source: X/AMCrypto XRP Support Levels and Retest Zones

The lower boundary of the rounded bottom pattern has established a critical support range of around $2.80 to $3.00. This zone is likely to act as a safety net for prices during any potential pullbacks.

Analysts often look for a retest of the breakout level—near $3.20 to $3.30—to validate the new support zone before further upward movement. A successful retest would confirm the continuation of XRP’s price bullish trajectory.

Read Also: Is Hedera Gearing Up for a New All-Time High? HBAR Price Prediction

Furthermore, AMCrypto highlighted XRP’s history of strong rallies in Q4 of 2024, adding that the next leg up could push the price beyond $4. The claim aligns with the measured move concept, where the breakout projection from the rounded bottom pattern supports a $4 target.

This technical and sentiment-based outlook reflects an optimistic stance on XRP’s price movements. As momentum builds, market participants will likely monitor key support levels and trading volumes to confirm the strength of this trend.

Bullish Momentum and Price Targets For XRP Price

XRP’s breakout from the rounded bottom pattern positions it for potential gains in the coming weeks. The target price of $4 aligns with psychological levels and historical resistance, offering a compelling outlook for traders and investors.

The combination of technical signals and increased accumulation, as noted by AMCrypto, suggests that the price of XRP is gearing up for an exciting rally, provided broader market conditions remain favorable.

Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.

We recommend eToro Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.

The post Is XRP Price Gearing Up for a Move to $4? Elite Analyst Weighs In appeared first on CaptainAltcoin.

origin »

Ripple (XRP) на Currencies.ru

$ 2.7019 (-0.40%)
Объем 24H $4.686b
Изменеия 24h: 0.89 %, 7d: 8.98 %
Cегодня L: $2.6625 - H: $2.7434
Капитализация $156.222b Rank 3
Цена в час новости $ 3.1384 (-13.91%)

xrp analyst price formerly insights amcrypto prominent

xrp analyst → Результатов: 126


Фото:

XRP Price Prediction To $4.9: How The 1-Day 50 MA Will Drive The Next Wave

A crypto analyst has issued a new XRP price prediction, forecasting a potential breakout that could see the prominent cryptocurrency skyrocketing to $4. 9. With the formation of a classic bull flag pattern and the 1-Day 50 Moving Average (MA) acting as a bullish catalyst, the analyst is increasingly confident that XRP will reach new All-Time Highs (ATH) in 2025.

2025-1-4 02:30


XRP Could Be The Altcoin To Recover Quickly, CryptoQuant Analyst Explains Why

XRP has crashed alongside the rest of the cryptocurrency market, but this analyst thinks the asset could be the one to find a quick recovery. XRP Has Been The Top Traded Altcoin On Binance This Month In a new CryptoQuant Quicktake post, community analyst Maartunn has talked about how the altcoins currently compare against each other based on their monthly Binance futures trading volumes.

2024-12-21 11:00


Фото:

Analyst Predicts Possible 40% Crash For XRP Price With Gravestone DOJI Candle Formation

The long-awaited rally in the XRP price may be coming to a fast end, as a crypto analyst has predicted a 40% crash for the cryptocurrency. Despite XRP’s recent bullish momentum breakthrough to the $1 mark, the analyst has revealed that XRP is showcasing a Gravestone DOJI candlestick formation, signaling a bearish outlook for the cryptocurrency.

2024-11-20 00:30


Ripple Analyst Predicts XRP to ‘Minimum’ $1.2 – Bitcoin Breakout Could Catalyze Altcoin Frenzy

Amid the upswing in the crypto markets this week, with XRP itself up around 6% and trading at $0. 64, a popular XRP analyst is making a bullish prediction on where the token could be headed next. The analyst known as Cryptoinsightuk, who frequently shares analysis on XRP price movements, stated in a recent tweet that […] The post Ripple Analyst Predicts XRP to ‘Minimum’ $1.

2024-3-26 02:45


XRP may be headed for $130 – analyst says

XRP Captain sees a massive rally in the altcoin ahead. The analyst explained why in a recent post on X. Ripple’s XRP is currently right below its 20-day MA. XRP Captain – a notable crypto analyst and influencer sees a massive rally in the altcoin ahead even though it has been rather dull in recent […] The post XRP may be headed for $130 – analyst says appeared first on CoinJournal.

2023-9-10 22:37


XRP Price Set To Skyrocket, Expert Predict $3.82 Target Amidst Bullish Sentiment

The XRP community has been relatively quiet lately, and according to crypto analyst Dark Defender, this could be a positive sign that XRP is ready for a breakout. Dark Defender, a cryptocurrency analyst and researcher, has analyzed patterns in XRP’s price movements and predicts that a break above the resistance line could happen anytime between now and August 2023.

2023-5-17 04:00


Фото:

This Fractal Pattern Puts XRP at Grave Risk of Seeing Massive Downside

XRP has been largely hovering around the $0.20 region in recent times, failing to garner any decisive momentum as the aggregated market stalls The crypto’s lack of growth in recent times has led it to surrender its spot as the third largest digital asset to stablecoin Tether (USDT) One analyst is now pointing to a grim fractal pattern that shows the cryptocurrency could be at grave risk of seeing a massive downside movement in the […]

2020-5-22 23:00