📌 Current Price: $3.19 💵
Bullish Momentum and Key Resistance Levels
XRP has demonstrated strong bullish momentum, breaking out of multiple technical patterns and signaling a potential climb toward the $4.00 milestone. The token has gained 58.50% year-to-date, despite experiencing occasional pullbacks, such as the recent correction triggered by China’s DeepSeek sell-off.
A confirmed breakout above a bull flag pattern on the 4-hour chart supports the case for further upside. If this breakout holds, XRP could see an additional 28% rally, with an initial price target of $4.00 by March. However, in the event of a short-term retracement, strong support is located near $2.75, aligning with the 200-4H EMA, a critical technical level for maintaining bullish momentum.
Liquidity Zones and Key Price Targets
Market data from Binance’s liquidation heatmap highlights significant liquidity clusters between $3.30 and $3.37, indicating potential resistance. A successful breach of these levels could trigger short liquidations, accelerating price action toward $3.37 and beyond.
Meanwhile, on the macro scale, XRP is in the breakout phase of a bull pennant pattern, a structure that typically leads to substantial long-term price surges. Should this setup play out as expected, XRP could aim for $14.45 by 2025, with intermediate Fibonacci extensions marking $4.82, $8.39, and ultimately $14.44 as key targets.
Challenges and Fundamental Strength
Despite XRP’s strong price performance, technical indicators suggest bearish divergence in its Relative Strength Index (RSI), hinting at a potential short-term consolidation. If XRP fails to hold above $2.90, Fibonacci levels at $1.91 and $1.57 could act as downside targets before resuming its broader uptrend.
Fundamentally, XRP remains well-positioned for growth. Ripple’s expansion into key U.S. financial markets, investor confidence in regulatory developments, and the possibility of an XRP ETF in 2025 under a more crypto-friendly administration are all contributing to a bullish outlook. Additionally, traders continue to buy into price dips, reinforcing strong market sentiment in favor of long-term appreciation.