- XRP analysts see growing strength as price and RSI rise together, hinting that the coin could soon climb closer to $5.
- Technical charts show XRP’s steady growth since 2022, backed by higher volumes and strong market confidence from traders.
- XRP’s real-world use in faster cross-border payments keeps fueling investor optimism and adds value beyond simple price moves.
Bullish momentum for XRP has grown across a number of key indicators. Price and momentum indices show steady upward tendencies, according to analysts. This suggests that in the upcoming weeks, XRP might be preparing for a breakout toward $5.
According to Egrag Crypto, XRP remains “BullishAF,” with both its price and Relative Strength Index (RSI) trending upward. “The simultaneous upward movement of both the price and RSI suggests robust bullish momentum,” he explained.
The analyst added that the RSI slope is about 9–10 while the price trend line holds a 7-degree incline. Hence, both indicators are moving in harmony, confirming strong buying interest and a lack of bearish divergence.
XRP Chart Shows Strong Technical Structure
Egrag also emphasized how structured growth since 2021 is reflected in XRP’s long-term trend. XRP has changed from previous erratic periods between 2014 and 2017 to a more steady upward pattern. His chart’s green trendline, which is backed by increasing volumes, exhibits steady upward growth starting in 2022. Furthermore, as market action continues to respect higher support levels, Bollinger Bands show expanding volatility during bullish periods.
Similarly, popular analyst MackAttackXRP reinforced this bullish narrative. “I don’t understand how people can be so negative about the XRP chart? $5 this month,” he wrote. He pointed out that on the three-day chart, XRP is creating a cup and handle formation. The setup may lead to a breakout toward $5 if the $2.60 support holds. The RSI is also rising, which strengthens the bullish picture even more.
XRP’s Broader Utility Gains Spotlight
Beyond charts, XRP’s real-world utility remains a major narrative driver. CryptoSensei recently shared a Bitboy video comparing XRP to the SWIFT network. Ben Armstrong explained that while SWIFT transmits transaction messages, “Bitcoin and XRP are networks of value.” He emphasized that XRP enhances liquidity and cross-border speed, addressing inefficiencies that slow global settlements
