XRP’s price appears to be gearing up for a major breakout, with a crypto analyst forecasting a potential surge. If current momentum holds, XRP could climb as high as $3.5 — and possibly even surpass its all-time high of $3.84.
📈 XRP Gaining Strength for a Move Toward New Highs
According to Setupsfx, a TradingView analyst, XRP is currently in a bullish reversal phase, poised to break through recent price declines and launch into a strong upward rally. His chart analysis suggests that XRP could soon explode to the $3.5 mark after completing its consolidation phase.
Moreover, the analyst emphasizes that this price level may not be the final target — favorable market conditions could push XRP well beyond its previous highs.
🔹 Short-Term & Long-Term Targets: Both Bullish
Setupsfx advises short-term traders to watch the $3.5 level closely, as it may serve as a strategic exit point before a potential retracement.
Meanwhile, his long-term target is set at $4 or higher. With XRP currently trading around $2.09, that would represent nearly a 100% increase if the forecast plays out.
🧠 What the Technical Indicators Say
In his 12-hour chart analysis, Setupsfx highlights several key bullish signals:
🔹 Accumulation phase — XRP is trading in a tight range with buyers taking control
🔹 Long lower wicks — show strong buying pressure and market interest
🔹 Triple rejection of trendline — XRP has tested resistance multiple times without breaking down
🔹 Liquidity zones and IMB areas — suggest areas with high trading interest and likely price movement
The analyst marks an ideal entry near $1.80, with a stop-loss around $1.20 to manage downside risk.
💬 Bottom Line: Big Moves May Be Ahead for XRP
While uncertainty remains, technical indicators point to strong bullish potential for XRP. If investor sentiment continues to improve and market dynamics stay favorable, $3.5 could be just the beginning.
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