XRP continues to stand out in the crypto market as its weekly chart signals strong bullish potential. Amid short-term volatility, the price structure demonstrates key technical patterns that suggest both near-term and aspirational upside.
Traders and investors closely monitoring these developments may find clues for strategic entry points before broader market momentum drives further gains.
In a recent post on X, Freedom By 40 (@Freedom_By_40) reaffirmed a bullish outlook for XRP, highlighting projections based on the weekly chart. Currently trading at $2.34, XRP shows the potential to move into a green target zone ranging from $4.5 to $8.4.
Beyond this, an aspirational pink zone between $8.5 and $13.5 reflects a higher-end scenario derived from historical Elliott Wave patterns observed in previous crypto bull cycles.
$XRP, still one of the best looking charts out there.
Still expecting green box, if not pink. https://t.co/8Feozwf2Hd pic.twitter.com/l2Z9RH3aFB
— Freedom By 40 (@Freedom_By_40) January 6, 2026
Technical Structure Validates the Green Box
XRP’s weekly chart displays a breakout from an ascending channel above critical resistance levels. Fibonacci extension levels align with this breakout, supporting the green target zone as a realistic near-term objective.
According to Freedom By 40, such technical confirmation suggests the market has built momentum for an upward trajectory, reinforced by the confluence of historical support levels and calculated price projections.
Volume data further strengthens this outlook. Breakouts from ascending channels typically coincide with increased trading activity, signaling investor confidence. As XRP consolidates near current levels, this combination of technical structure and volume patterns sets the stage for a potential move toward the green target zone.
Aspirational Pink Zone and Elliott Wave Alignment
The pink zone represents a more ambitious range of $8.5 to $13.5. Freedom By 40 points out that these levels are consistent with Elliott Wave patterns observed during prior crypto bull runs, where extended impulsive waves drove substantial gains.
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— TimesTabloid (@TimesTabloid1) June 15, 2025
While achieving the pink zone may require favorable market conditions and sustained momentum, the technical framework indicates that such outcomes are plausible.
Market Psychology and Momentum
XRP’s breakout and consolidation reflect underlying market psychology. Accumulation within the ascending channel and positive volume trends create an environment conducive to bullish continuation.
Traders interpreting these signals may find opportunities to align positions with the projected target zones, balancing near-term objectives with aspirational upside.
XRP Maintains Strong Bullish Appeal
XRP’s weekly chart remains one of the most compelling setups in the market. The analysis shows ascending channel breakout, Fibonacci extensions, and Elliott Wave alignment technically support both near-term and aspirational targets.
For investors, understanding these dynamics provides actionable insights for potential moves toward $4.5–$8.4, while keeping the $8.5–$13.5 aspirational range in view as part of a disciplined strategy.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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