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XRP Eyes $4 Surge After Bouncing From Critical Support—Time to Buy or Just Another Crypto Mirage?

XRP Eyes $4 Surge After Bouncing From Critical Support—Time to Buy or Just Another Crypto Mirage?

Author:
Bitcoinist
Published:
2025-05-24 04:00:37
10
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XRP bulls are back in the driver’s seat as the token reverses from its so-called ’buy zone,’ setting sights on a $4 target. Market watchers are split—is this the real deal or just another pump waiting to deflate?

Technical traders point to the rebound as confirmation of strong accumulation, while skeptics roll their eyes at yet another ’this time it’s different’ rally. Meanwhile, Wall Street quietly shuffles another blockchain ETF filing into the ’maybe later’ drawer.

XRP Price Eyes $4 Following Bullish Reversal

The xrp price action, which has been building a bullish structure since dipping into the discounted range around $0.85 to $1.00, is now showing signs of a trend continuation that could take it beyond the $3 psychological resistance and up to the $4 mark.

According to an analysis report by crypto analytics team, ‘Setupsfx_’ on TradingView, XRP has undergone a strong reversal from a critical buy zone — an area marked by historical demand, strong low wick rejections, and institutional order blocks. 

Notably, the analytical team presented a detailed chart, highlighting a clean structure aligned with Smart Money Concepts (SMC), including accumulation, Break of Structure (BOS), and liquidity hunts that preceded the current upward move. Based on the analysis, the altcoin showed a textbook reversal from a buy zone, which previously acted as a magnet for buy-side liquidity catalyzed by recent bullish momentum. 

Bitcoin

The chart shows multiple confirmations of strength, including a clean Change of Character (CHoCH) and higher highs forming after the recent bottom. There is also a three-point trendline rejection and an Imbalance zone (IMB) being respected as the price goes up, adding further technical confirmation to XRP’s bullish case. 

With XRP currently trading slightly above $2.4 and consolidating after its initial rally, Setupsfx_ indicates that the market may enter a secondary accumulation phase before targeting the first major level at $3.00. Should bullish momentum and volume continue, a clean break above the $3.00 resistance could send prices above $3.7 and toward the $4 target in the coming weeks. 

During this time, the TradingView analytical team highlights that the broader crypto market will likely remain significantly volatile. Nevertheless, they maintain a strong bullish stance on XRP’s outlook, expecting a 66.6% increase to a new ATH soon. 

Analyst Reveals When To Buy  

While projecting an XRP price rally to $4, Setupsfx_ provided traders with detailed strategic guidance on how to capitalize on the anticipated bullish scenario. His chart analysis highlights optimal entry points, recommended stop losses, and clearly defined buy zones. 

The TradingView analytical team pinpoints an entry point around $1.6 and a stop loss just above $1.4 to manage downside risks. Notably, the team has also identified ideal buy areas between $2.40 and $2.43. According to the chart, this range may serve as a higher entry point if the altcoin sustains its momentum toward the projected $4 target.

XRP

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