XRP (Ripple) continues gaining traction as traders spot an emerging bullish pattern on the daily chart, hinting at a potential rally toward the $4–$6 range. Despite persistent market volatility, the technical setup suggests the token may be preparing for its next significant move higher.
Trader Sees Massive Bullish Signal Despite Market Noise
Crypto King, a well-known trader in the space, recently shared an upbeat take on XRP/USD, noting that while "markets these days are unpredictable due to manipulations," the token still flashes a "massive bullish sign" and sits on solid footing for further gains.
His analysis points to a chart structure that's held up well through recent turbulence, keeping the door open for substantial upside.
Chart Shows Consolidation Near $2.65 With Room to Run
The current chart has XRP trading around $2.65, consolidating after a mid-term bounce. A projected path outlined by the trader suggests multiple impulse waves could push the price toward $4.00–$6.00 over the coming weeks or months. Support appears firm in the $2.30–$2.50 zone, which has repeatedly caught falling prices during earlier dips. Breaking cleanly above $3.00 would likely confirm the bullish momentum is intact, while the formation of higher lows signals growing demand and renewed confidence among buyers.
Volatility Remains High But Sentiment Is Shifting
Comments about market manipulation echo wider concerns over liquidity swings and whale activity across crypto. Still, sentiment around altcoins, especially XRP, has improved as traders bet on a broader recovery phase. Ripple's ongoing work in cross-border payments and fresh institutional partnerships continue to strengthen the case for XRP as one of the few large-cap tokens with real utility and long-term staying power.
What's Next for XRP?
Key levels to watch:
- Support: $2.30–$2.50
- Resistance: $3.00
- Targets: $4.00–$6.00
At $2.65, XRP sits at a crossroads. Holding above $2.50 is critical for keeping the bullish structure alive. If momentum builds and the token breaks $3.00, technical models suggest a swift climb toward $4.00 and possibly the $6.00 target could follow. A drop below key support might trigger short-term corrections, but the overall picture remains constructive, hinting that XRP could be entering one of its strongest phases since the 2021 rally.
Sergey Diakov
Sergey Diakov