XRP Price Surge: Can the Momentum Push It to $4 and Beyond?
Cryptocurrency markets are always full of surprises, and XRP is proving to be no exception. With a year-to-date surge of 58.50%, XRP has reached an impressive $3.19 despite facing short-term corrections. But the real question is: Can XRP push past $4 and beyond? Let’s break it down.
🚀 XRP’s Bull Flag Signals a Breakout to $4
XRP recently broke out of a key resistance level, confirming a bull flag on the 4-hour chart. What does this mean for traders? Simply put, it signals further bullish momentum, potentially driving XRP toward that psychological $4 mark.
Why traders are excited:
✅ Bull flags are classic bullish continuation patterns—the price tends to rise as much as the previous uptrend.
✅ Since mid-January, XRP has been forming this exact bull flag pattern and is now closing above its upper trendline.
XRP/USD 4-hour chart
Source: TradingView
What’s next?
📈 A successful breakout could send XRP to $4 by March, a 28% gain from current levels.
📉 However, failing to hold above the breakout could mean a pullback to $2.75, aligning with XRP’s 200-4H EMA (exponential moving average).
🔍 RSI at 56 suggests there’s still room for further gains, without being in the overbought zone.
🔥 Liquidation Heatmap Hints at $3.30-$3.37 as the Next Targets
Looking at the Binance XRP/USDT liquidation heatmap, large liquidity clusters can often act as price magnets—attracting both buyers and sellers.
XRP liquidation heatmap
Source: Coinglass
🔎 Key levels to watch:
💡 $3.30 is the next liquidity cluster—expect resistance as leveraged traders look to close positions.
💡 Clearing $3.30 could trigger a liquidation squeeze, forcing short sellers to buy back and boosting XRP to $3.37.
If XRP moves past these levels, expect increased volatility and possible price acceleration.
🚀 Bull Pennant Suggests XRP Could Hit $14 by 2025
When looking at a broader timeframe, XRP’s long-term pattern is even bigger—a bull pennant that could push prices toward $14!
What’s a bull pennant?
📌 When a price consolidates inside a triangle-like range after a strong uptrend (like XRP has been doing), a breakout above the pattern can often resume the previous bullish trend—and that’s exactly where XRP is right now.
XRP Weekly Price Chart
Source: TradingView
📈 Potential price targets:
✅ XRP has already crossed the 1.618 Fibonacci level at $3.03—bullish progress.
✅ The next stop? The 2.618 Fib target at $4.82 and possibly the 4.618 extension at $8.39.
✅ A full breakout could lead XRP to $14.45 by 2025, marking a massive 365% rally.
But before we get too excited, let’s consider potential risks.
⚠️ Bearish Warning: RSI Divergence
While the XRP price is climbing, the Relative Strength Index (RSI) is trending lower, which can indicate weaker buying momentum—a bearish warning.
XRP Weekly RSI Chart
Source: TradingView
What this tells us:
🚨 A bearish divergence often means a potential short-term pullback.
📉 If XRP drops below its current support at $2.90, it could fall to the next Fibonacci levels at $1.91 or even $1.57.
While long-term trends remain bullish, traders should stay cautious and watch these technical signals.
🔎 XRP Fundamentals Remain Strong
Beyond technicals, XRP’s fundamentals are playing a vital role in its rally.
📌 Ripple’s Expansion: XRP adoption is increasing as Ripple secures Money Transmitter Licenses in New York and Texas.
📌 SEC Lawsuit Progress: Many traders believe a potential Trump presidency could help XRP secure regulatory clarity, paving the way for spot XRP ETFs in 2025.
📌 Ripple CEO’s Bold Plans: Ripple’s Brad Garlinghouse is even lobbying for a diversified US crypto reserve.
Brad Garlinghouse Tweet
Source: X
These factors continue to strengthen sentiment around XRP, giving bulls more confidence as we move deeper into 2024.
📌 Final Thoughts: Where Does XRP Go From Here?
🚀 Bullish Case:
✅ Short-term: $4 is in sight if bulls maintain momentum!
✅ Mid-term: $4.82 (2.618 Fib target) could be next if XRP continues breaking key resistance.
✅ Long-term: The massive bull pennant breakout could push prices toward $14 by 2025.
⚠️ Bearish Case:
❌ RSI warns of possible short-term weakness—a pullback to $2.90 or lower is possible if buying momentum fades.
❌ A broader market correction could drag XRP down, challenging its bullish breakout.
🔮 What’s your price target for XRP? Will it reach $4—or do you think a pullback is coming? Drop your thoughts below!
📌 Reminder: This is not financial advice—always do your own research before investing in crypto!
