XRP Price Surge: Can Ripple Smash Through $4 This Week?

Ripple's XRP is flirting with a major breakout—will it finally conquer the $4 resistance?

After weeks of consolidation, XRP bulls are charging. The cryptocurrency's recent momentum has traders buzzing about a potential surge past the psychological $4 barrier. But can it sustain the rally?

Market sentiment shifts like a crypto influencer's allegiance. While technical indicators hint at bullish momentum, remember: past performance in this market is as reliable as a 'stablecoin' during a black swan event.

Watch the charts closely. If XRP clears $4, the FOMO could trigger a parabolic move. If not? Well, there’s always next week’s hype cycle.

The Daily Chart

XRP has recently bounced from the critical $2.8 support zone, which aligns with the 0.5 Fibonacci retracement of the prior rally.

This confluence attracted notable buying interest, triggering a sharp upswing toward the $3.4–$3.6 resistance range. This zone represents a prior swing high and a likely area of concentrated supply, making it a significant hurdle for buyers to clear.

If bulls successfully reclaim the $3.6 level with strong volume, the path toward the psychological $4 threshold becomes more attainable. However, given the overhead supply, some short-term consolidation or a minor pullback from $3.6 is possible before any sustained breakout attempt.

The 4-Hour Chart

On the 4H timeframe, Ripple’s upward structure is more pronounced. Following a period of consolidation within a bullish flag formation, the market found support at the 0.5 Fib level and broke decisively to the upside. This breakout has fueled the advance toward the $3.6 resistance.

If buyers can overcome this barrier, the resulting breakout could trigger a short-squeeze, accelerating price toward $4.

Conversely, repeated rejections at $3.6 could lead to another consolidation phase within the current range before the next directional move.