XRP Primed for Explosive $4.19 Rally as Bullish Momentum Builds
XRP's chart structure screams upside—traders are betting big on a run toward $4.19 as the bulls dig in.
No fluff, no maybes—just pure technicals pointing north. The token's holding key levels like a Wall Street banker clings to bonus season.
Could this finally be XRP's breakout moment? Or just another tease in crypto's endless drama? One thing's certain: the charts don't lie (until they do).
Key technical points
- Key Support: $2.80 high time frame support, aligning with previous resistance turned support.
- Fibonacci Confluence: Retest of the local 0.618 Fibonacci could trigger bullish expansion.
- Upside Target: Fibonacci extension target at $4.19 remains in play.
The recent all-time high of $3.60 marked a significant milestone for XRP. Following this peak, price action rotated back toward the value area high, where it found support and initiated a bullish reaction. This retest was reinforced by the 0.618 Fibonacci level and high time frame support, providing a strong technical foundation for continuation.
Another critical observation is that the local 0.618 Fibonacci retracement remains untested. A revisit and hold of this level WOULD create an ideal higher low setup, enabling the market to springboard toward the next major resistance zones. Historically, XRP has shown strong impulsive rallies after clean Fibonacci retests, making this a key area to monitor.
The broader market structure continues to print consecutive higher highs and higher lows, signaling sustained bullish momentum. While short-term pullbacks are healthy for trend continuation, the current corrective phase remains shallow, suggesting that buyers are actively supporting price at higher levels.
From a volume perspective, the profile shows steady demand NEAR key supports, although a stronger influx of bullish volume will be needed to power through resistance and sustain higher price levels. Should $2.80 remain intact, this would further validate the bullish outlook, keeping the structure well-supported for continuation.
What to expect in the coming price action
As long as $2.80 holds as support, XRP has a high probability of resuming its uptrend toward the $4.19 Fibonacci extension target. A bullish retest of the local 0.618 Fibonacci would be the final catalyst for acceleration.