- XRP holds above key $2.145 support with bullish momentum building toward $2.25 resistance.
- Volume spikes to 108M XRP as price consolidates, signaling strong market participation.
- Symmetrical triangle pattern suggests XRP could rally toward $4.50–$5.40 in upcoming sessions.
XRP is forming what analysts describe as one of the most favorable technical setups in the current market. Strong trendline support, increased trading volume, and a series of higher lows point toward a sustained bullish formation. At press time, XRP is trading at $2.11, maintaining levels above key short-term supports.
Technical Indicators Suggest Bullish Continuation
According to an analysis prepared by Doctor Profit, XRP’s chart presents a “massive buy setup” with a potential target of $4 this year. The analyst reaffirmed his bullish stance, noting past entries at $0.15, $0.38, and $0.50.
XRP is now consolidating above $2.1320, where a bullish trendline offers a strong support base. Analysts identified $2.25 as a critical resistance level. A close above this could open the path to test $2.69.
So as to maintain bullish momentum, XRP must hold above $2.145. The price recently bounced off this level, reinforcing its importance. RSI readings are above 50, and MACD remains in positive territory, suggesting momentum is building.
Volume Surge and Market Resilience Drive Optimism
XRP experienced a breakout rally with volume reaching 108 million tokens in one session. The move saw XRP surge from $2.19 to $2.23 before consolidating. Whale movements also occurred, with $58 million transferred to Coinbase and $439 million moved from Ripple.
Despite heavy activity, the asset held above $2.17 support, showing resilience. CryptoBullet shared that XRP is forming a symmetrical triangle similar to 2017 and expects a final pump toward $4.5–$5.4. Meanwhile, Crypto analyst DustyBC called XRP “incredibly cheap” under $2 and sees upside ahead.
Google Trends data shows a rising number of searches for “XRP to $3,” signaling growing interest from retail investors. Analysts agree that breaking above $2.25 could trigger a rapid move toward $2.50 and beyond.
