#XRP Bulls Target $3.85 Resistance After Market Dip
XRP Aims for New All-Time High
Following a sharp drop below $3.70, XRP bulls are pushing to overcome key resistance levels. A crypto analyst predicts that if the asset breaks this barrier, it could surge to $3.85 or even $6.50.
XRP previously reached its all-time high (ATH) of $3.84 during the 2018 bull run. TradingView analyst Mindbloome-Trading forecasts that XRP may surpass this milestone in 2025. He conducted a detailed price analysis using monthly, weekly, daily, and 4-hour charts, identifying crucial support and resistance zones.
Currently, Bitcoin has surpassed $2.60, establishing it as an essential support level. The analyst pinpointed $2.70 as the next major resistance, which, if broken, could drive XRP toward $3.15. Additional resistance points at $3.00, $3.11, and $3.14 must be surpassed for the asset to reach a new ATH of $3.85.
He also suggests that XRP has the potential to rise even higher, possibly reaching $6.55, supported by steady market growth and bullish catalysts, including Bitcoin’s continued uptrend.
Potential Market Downturn
Despite the optimistic outlook, Mindbloome-Trading warns of challenges ahead. XRP faces strong resistance, which could limit its upward movement. If it fails to break these critical levels, the cryptocurrency may struggle to gain further momentum.
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