XRP price has been One of the best altcoin performers Over the past few months, going from $0.6 down to $2.8 over this time period. Still, like the rest of the crypto market, the altcoin recently faced bearish pressure, pushing it back toward $2. Despite this, the XRP price continues to show strength, and recent developments on the altcoin’s chart show that the bullish momentum is far from over.
XRP price shows bullish continuation
So far, the price of XRP has been Bounded in a narrow channel As bulls keep a tight grip on $2 support. A crypto analyst on the TradingView platform digit This comes out in a recent analysis that paints XRP in a bullish light despite the crash.
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With the price retracement, $2 has been established as support, while the most important resistance now sits below $3. Given the recent developments, crypto analysts believe it is bullish for the XRP price. This is because the altcoin is setting a bullish continuation trend on the daily chart.
This bullish continuation is known as bullish for crypto assets, especially when it ends in a breakout. For now, the XRP price will need to be pulled out of the current one Fast channel To confirm this step. If that happens, XRP is looking at a move of over 300% from its current price level.
“Once we get a break out of that bullish channel we will break the all-time high into a new high,” the crypto analyst said.
How high can the price go from here?
If the XRP price was successful Break the bullish channel From here, it then signals momentum that could send it to a new all-time high. Currently, the altcoin sits about 37% below its all-time high price of $3.84 in 2027. This means that an 80% move from here would mean new all-time highs.
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According to crypto analysts, the breakout will be seen XRP price more than doubled. They predict that the price could rise to $10-$11 this quickly, which would mean a 5x jump and the first time XRP would touch double digits. As for when the move could happen, the chart puts it in Q1 2025.
The first quarter of the year is known to be bullish for cryptocurrencies, so it falls in place for cryptocurrencies. The past two years have seen XRP Turn off Q1 in greenwith gains of 58.8% in 2023 and 2.37% in 2024. So far, the XRP price is up 15.9% in 2025, suggesting it will continue on the same path as previous years.
Featured image created with Dall.E, chart from Tradingview.com
