XRP’s Path to Smashing Its All-Time High Is Unfolding Perfectly – Here’s Why
XRP is staging a comeback that's turning heads—and wallets—across crypto markets. The digital asset's trajectory toward eclipsing its previous peak isn't just hopeful speculation; it's playing out in real-time with textbook precision.
Breaking Down the Rally
Liquidity floods back into altcoins as institutional players pivot from Bitcoin dominance. XRP's ledger activity spikes while its legal clarity (a rare unicorn in crypto) gives hedgies fewer excuses to avoid exposure.
The Cynic's Corner
Sure, Wall Street will pretend they 'always believed' in Ripple's tech—right after they finish dumping their third bag of worthless security tokens. But this time, the charts don't lie.
Shallow Pullbacks Signal Strength In XRP’s Bullish Structure
Crypto Analyst CasiTrades revealed that XRP’s price pulled back to $2.85, which aligns with the 0.236 fib retracement level. This minor pullback follows a strong upward trend and suggests that the market may be cooling off before its next move higher.
According to the analyst, XRP “continues to hold bullish retrace levels, like .118 + .236.” CasiTrades stated that this is exactly what we want to see in bullish continuation, pointing to the shallow retracements as a sign of strength. The ability of XRP to maintain these support levels indicates that bulls remain in control and that momentum may soon return.
XRP is once again targeting a key level. As the analyst noted, “Now, XRP is making its way toward $3.04 again, the next macro resistance level.” This level represents a significant barrier, and reclaiming it could define the trajectory of the next major move. CasiTrades highlighted the potential for a breakout, saying that flipping this into support is the final major hurdle before entering price discovery, which could send XRP into uncharted territory.
Hourly Trendline Offers Clear Roadmap For XRP’s Next Move
CasiTrades went on to state that there’s a strong trendline forming on the hourly chart, a structure that’s proving valuable in monitoring support, resistance, and timing. This trendline is shaping market expectations and offers a technical roadmap for potential short-term movements.
Using this framework, the analyst suggests that “we should see a breakout to $3.18 today,” identifying it as a key resistance level across multiple timeframes. If confirmed, this projected move WOULD be an incredibly bullish signal, hinting at renewed strength behind XRP’s price action.
However, in the event of a rejection at $3.18, CasiTrades notes that a back-test of $3.04 fib could follow. Based on the current trendline’s trajectory, this could happen through Friday, allowing for a potential pullback before a significant rally.
“Playing out the way I’ve described would be a strong signal that the market is ready to accelerate,” the analyst concluded. Should buying pressure persist and technical conditions align, XRP could begin a vertical expansion very soon, suggesting that a parabolic move may not be far off.