Saad Ullah
After months of sideways trading, XRP looks like it's shifting into bullish territory. The projection shows a potential three-wave advance that could take XRP to new local highs if market sentiment stays positive.
Chart Analysis: XRP Targets $4 With Gradual Upside Pattern
A recent chart from analyst Crypto King suggests that if things continue as they are, XRP could push toward $4—a meaningful jump from current levels. XRP is currently trading around $2.59, up 3.3% on the day. The analyst's forecast maps out a steady climb with a series of higher highs, eventually targeting the $4 level—an area last reached during XRP's historic bull cycles. Technically, this looks like an emerging bullish continuation pattern. Support sits around $2.40-$2.50, where buyers have consistently stepped in. Intermediate resistance lies between $3.20-$3.50, matching historical consolidation zones. The projected target points to $4, a psychological and technical milestone.
The blue trend line on the chart outlines a potential three-peak formation, hinting at rising volatility within an upward structure—typical of pre-breakout phases. This suggests buyers are gradually gaining strength, backed by volume spikes during each upward test.
Market Context: Renewed Strength Across Altcoins
The optimism around XRP reflects the broader altcoin recovery, with both institutional and retail traders showing renewed risk appetite. Ripple's favorable court ruling against the SEC continues to boost investor confidence and institutional adoption. Meanwhile, Ripple's ongoing partnerships in cross-border payments and banking infrastructure keep XRP relevant as a utility asset. Add in a weaker dollar and stabilizing interest rates, and capital is flowing back into digital assets—especially high-cap coins like XRP. These factors create a supportive environment for XRP's bullish case, particularly if liquidity keeps improving into year-end.
The chart shows structural similarities to XRP's past bull runs in 2017 and 2021, when the asset moved from flat consolidation into steep multi-week rallies. The analyst's projected curve suggests XRP may repeat this pattern, forming higher highs as traders accumulate during quiet periods. If momentum holds above $2.50, the path to $4 could materialize during the next major market rotation. That said, analysts note that holding above $3.20 will be critical to confirming the uptrend.
Saad Ullah
