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XRP Poised for $4 Surge If Key Resistance Level Falls, Analyst Predicts

XRP’s price trajectory is once again capturing the spotlight, as technical analysts suggest a potential breakout that could propel the cryptocurrency to new heights. According to HolderStat, a crypto market analyst on TradingView, XRP is currently navigating a consolidation phase with a pivotal resistance line posing the last barrier before a potential surge to $4. This move comes at a time when the crypto markets are hungry for bullish signals, seeking a reprieve from recent volatility.

Chart Patterns and Market Behavior

HolderStat’s analysis of the daily chart on TradingView highlights a significant breakout from a large triangle formation, which XRP recently accomplished. This formation had been developing over several months, culminating in a sharp upward movement that has now leveled off into a consolidation phase. The current price action hovers between $3.20 and $3.48, with buyers appearing to absorb selling pressure. This sets the stage for a potential breakout, with $3.48 identified as the critical resistance level to watch. As explored in XRP Price Rally Hinges on Breaking This Key Resistance Zone, overcoming this barrier could be crucial for XRP’s upward momentum.

“Should XRP breach this resistance decisively,” HolderStat notes, “we could see it rally toward $3.8 and even $4,” a price point not revisited since the 2018 bull market. However, the analyst cautions that if XRP fails to maintain the $3.20 support, it might encounter increased selling pressure, leading to significant price corrections.

Accumulation Patterns and Support Levels

In a subsequent analysis, HolderStat delves into the 6-hour chart, revealing a more granular view of XRP’s accumulation pattern. This shorter timeframe displays a series of higher lows within a consolidation channel, suggesting that bullish momentum is subtly building. The key support level of $2.70 is deemed critical; as long as XRP maintains this threshold, the bullish trajectory appears intact.

Other market observers align with HolderStat’s outlook. SwallowAcademy, another TradingView analyst, perceives the current consolidation as a prelude to a potential rally. “The market seems to be coiling up,” SwallowAcademy remarks, indicating that if momentum gathers pace, XRP could swiftly progress toward the $3.8 and $4 marks in the short term.

Presently, XRP is trading at around $3.00, reflecting a 2.79% uptick in the last 24 hours and a 3.33% increase over the past week, according to CoinMarketCap. This upward trend provides a glimmer of optimism for investors who have weathered the fluctuating tides of the crypto space.

XRP’s potential ascent to $4 hinges on breaking through the current resistance line, a move that would signify a significant shift in market dynamics. Yet, as with all things in the volatile world of cryptocurrency, uncertainties remain. The broader market’s reaction, regulatory developments, and macroeconomic factors could all play pivotal roles in determining XRP’s path forward. For insights into potential future price points, see Analyst Predicts What Will Happen When XRP Price Hits $4, $10, $100, And $1,000.

Looking Ahead: The Road to $4

While the prospect of XRP reaching $4 is tantalizing, it is essential to approach such forecasts with measured anticipation. The cryptocurrency market is notoriously unpredictable, and while technical indicators provide insight, they are not foolproof predictors of future performance.

As we navigate the remaining months of 2025, market participants will be keeping a close eye on XRP’s price action and the broader crypto landscape. Whether XRP can break through its resistance and achieve new heights remains to be seenβ€”but for now, the stage is set for what could be a thrilling ride.

Source

This article is based on: Analyst Says XRP Price Is Set To Hit $4 If It Breaks This Resistance Line

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