XRP Eyes Bullish Q4 Repeat: Is $5.40 the Next Target?
XRP bulls are betting on history repeating itself as Q4 approaches—can the asset replicate its legendary rally and smash through the $5.40 barrier?
Patterns Don't Lie—Or Do They?
Seasoned traders are eyeing charts like fortune tellers. Past performance never guarantees future results—except in crypto, where everyone’s a technical analyst after two green candles.
The Ghost of Rallies Past
XRP’s previous Q4 surges left jaws on the floor. This time, the question isn’t just about momentum—it’s about whether institutional players finally treat it like a real asset and not a regulatory ping-pong ball.
Will Macro Trends Play Along?
Broader market sentiment, regulatory whispers, and Bitcoin’s dominance will all weigh in. If traditional finance keeps dabbling in crypto between golf games, even XRP might catch a bid.
Here’s the kicker: if it hits $5.40, expect every crypto influencer to suddenly 'have called it all along.' Until then—keep your hopes high and your stop-losses higher.
Key Takeaways
XRP follows its Q4 pattern, consolidates after July’s pullback, and shows early signs of strength. Could it launch a parabolic run toward year-end?
Ripple’s [XRP] price action continues to mirror its Q4 cycle.
Back then, XRP ripped 290%+ off a $0.50 base, hitting a December top NEAR $2.80 that quickly flipped into resistance. The move dragged price back down to test $2 support by month’s end.
On-chain data shows this pullback wasn’t random. LTHs were taking profits in a big way, with realized gains topping $2 billion.
It was a textbook distribution into consolidation that set the stage for XRP’s next leg higher.
Source: Glassnode
Looks like a similar distribution might be playing out under the hood.
As the chart shows, on the 24th of July, LTH profit-taking spiked to $375 million, hitting right around XRP’s $3.55 top. That triggered a 10.33% intraday dip, marking its longest red candle in over three months.
Simply put, XRP dipping below $3 support could be setting up a replay of early-Q1 action. Last year, $2 flipped into support, sparking a 60%+ run to $3.35 by mid-January.
The question is: Are bulls frontrunning this setup?
XRP eyes support flip for next breakout rally
Ripple’s consolidation put HODLers’ patience to the test.
LTHs (>1 year) tend to offload as XRP hits or nears their cost basis. Since January’s top, the altcoin spent five months chopping sideways before ripping 80%+ into a $3.65 peak by mid-July.
Against this backdrop, the $375 million in realized gains wasn’t random. And while XRP retraced to $3, a 6.45% bounce the following day validated the bid wall and reinforced support.
Source: TradingView (XRP/USDT)
If this pattern sticks, XRP could be replaying its Q4 setup.
LTHs are offloading into strength, structural support is holding. With a risk-on sentiment shift, the altcoin could run another November-style leg. That puts an 80% move in play, taking Ripple to $5.40 by mid-Q1.
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