XRP Primed for $5 Breakout as Historic Bull Cycle Mirrors 2021 Surge

History doesn’t repeat, but it often rhymes—and XRP’s chart is writing a familiar verse. The digital asset shows eerie parallels to its 2021 bull run, when it defied skeptics and posted triple-digit gains. Now, technicals suggest another explosive move past the $5 psychological barrier.

Market cycles move faster than regulators can draft warning notices. This time, the rally could leave even crypto’s harshest critics scrambling—Wall Street included.

TLDR

• XRP is trading at $2.45 and has gained over 2 percent in the last two hours.
• A top analyst has identified a golden cross pattern on the weekly RSI chart of XRP.
• The XRP price surged after a similar RSI pattern formed in November 2024.
• Analysts predict XRP could reach $5.85 if the bullish trend continues.
• Bitcoin hitting a new all-time high above $109000 has triggered renewed momentum in altcoins.

XRP price surged to $2.45 today, showing renewed strength in a bullish market trend. Top market analysts now predictthe xrp price could surpass $5 if a 2021 pattern repeats. With XRP forming a golden cross and Bitcoin reaching new all-time highs, momentum continues building.

XRP Price Builds Toward New Highs

A prominent analyst, Dark Defender, identified a golden cross on the XRP weekly RSI chart, formed on November 4, 2024. This same pattern previously preceded a sharp XRP price jump from $0.5029 to $3.388 within months. Based on this signal, Dark Defender has projected a long-term XRP price target of $5.85.

On 4 November, #XRP had a Golden Cross Signal on weekly RSI.

We warned in October.

Today, XRP RSI has produced the same signal after 200 days!

XRP is targeting $3.33 in the short term, and is expected to fire the bullet, which will then likely flatten itself against the $5.85… pic.twitter.com/SthErQvaJE

— Dark Defender (@DefendDark) May 22, 2025

The XRP continues to gain as whale accumulation and other bullish fundamentals support the ongoing rally. Analysts interpret the latest golden cross as a strong sign of a breakout similar to the 2021 bull cycle. With growing upward pressure, the immediate XRP price target remains $3.33, which could clear recent drawdowns.

Similar RSI movements triggered major altcoin rallies in previous bull runs, raising expectations for a rapid XRP price escalation. Cryptoinsightuk noted that XRP’s weekly RSI recently crossed key bullish levels, indicating increasing demand. If this trend holds, analysts expect XRP to follow a sharp upward trajectory.

XRP Gains Momentum as Bitcoin Soars

As Bitcoin surpassed the $109,000 level, altcoins, including XRP, have responded positively. The XRP price has ranged between $2.357 and $2.451 before stabilizing at $2.45, gaining over 1.6% in 24 hours. Market participants see this as a potential sign of XRP entering a price discovery phase.

Bitcoin’s breakout has reignited the altcoin market, creating a favorable environment for assets like XRP to advance. According to analysts, XRP could now replicate Bitcoin’s earlier rally from $27,000 to $74,000 in less time. A credible crypto shared analysis indicates that XRP may follow this upward path more quickly.

The XRP benefits from positive sentiment as capital flows back into the altcoin space following Bitcoin’s performance. Continued bitcoin rallies could further lift the XRP price toward previously unreachable levels. The alignment of technical indicators and broader market momentum increases the chances of achieving Dark Defender’s targets.

XRP Price Nears Breakout Despite Key Resistance

Despite the upward trend, XRP remains below its all-time high of $3.841, which it reached during the 2018 bull cycle. So far, XRP has not managed to break the strong resistance at $3.4, which has held since its last peak. However, bullish analysts maintain that current indicators suggest a stronger breakout is forming.

The XRP WOULD need to surpass this resistance to approach the $5.85 long-term projection. As more analysts align their forecasts with these levels, confidence in this scenario continues to build. Historical RSI-based rallies support the outlook for an extended move beyond previous highs.

Multiple technical signals confirm a bullish reversal so that XRP gains may persist in the weeks ahead. As the market maintains momentum, XRP may soon reclaim its historical highs. Current technical patterns resemble those seen in 2021, reinforcing the bullish case.