XRP Squeezes Into Make-or-Break Zone – $5 Explosion Imminent?

XRP's price coils tighter than a Wall Street trader's stop-loss—volatility's coming, and the charts scream breakout.

After weeks of sideways action, the digital asset's forming a compression pattern that historically precedes violent moves. The $5 level looms as both psychological barrier and launchpad.

Market makers love these setups—liquidity pools get stacked on both sides before the inevitable snap. Retail traders? They'll probably buy the top again.

Watch the 4-hour chart: either we get a rejection that sends XRP back to the $3.80s, or a clean break that triggers algorithmic buying frenzies. No middle ground.

Hour Timeframes Near Breakout

This tight range has formed a descending channel which now hinges on a breakout, with more recent hours printing high-volume backed 1-hour candles displaying sharp upward volatility.

Zooming out, the 4-hour chart frames this same channel as the consolidation zone of a bullish flag pattern. Moderate volume increases on green candles affirm growing market confidence.

If momentum persists, it could set up a 5% gain to $2.33, extending the June rally. That said, the daily XRP chart is more in tune with broader macro uncertainty.

Looming tariffs on the EU set to take effect June 9 and progress in trade negotiations between the U.S. and China remain the main drivers of sentiment.

XRP Price Prediction: What’s the Big Picture?

This bullish pressure comes as the 1-week chart faces a key proving ground at the 0.5 Fibonacci retracement level—a common bottom marker for corrections.

A 5% gain would steer the XRP price away from the lower support of a bullish pennant pattern forming since late-2024. Crossing below this threshold could invalidate the pattern completely.

If momentum continues, the pattern sets a breakout target around $4.38 before the end of the year, representing a potential 2x surge from current prices.

The MACD is trending upward and is on track to cross above the signal line in a golden cross, supporting this outlook. On the weekly time frame, this often suggests a longer-term uptrend is forming.

More so, the RSI holds in bullish territory above the neutral line at 51—buying pressure continues to lead higher timeframes, though the balance remains delicate.

Traders should look to the next Fibonacci retracement level at $2.27 for confirmation of a successful bounce, affirming the pennant structure.

Looking further ahead, June 17 presents a major catalyst with the decision deadline on US XRP spot ETFs.

There are Bigger opportunities to Be Had than XRP – Here’s How

When it comes to large coins like XRP, timing is everything. It takes months for breakouts to build, and as short as a week for them to unfold—holders spend most of their time waiting.

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