XRP continues to trade within a well-defined ascending channel on the weekly timeframe. Since mid-2024, the price has consistently respected both the lower support and upper resistance lines of this structure. Each time XRP has touched the lower boundary of the channel, it has sparked a strong upward move. Most recently, XRP bounced off this support line again in early April 2025, forming a bullish weekly candle. This pattern aligns with previous rebounds, suggesting a potential continuation toward the upper channel limit in the coming weeks.
Historical Pattern: Consistent Rebounds and Price Surges
Looking at past movements within this channel, XRP has demonstrated a clear pattern: after each touch on the lower trendline, price rallies have followed (often exceeding 100% gains). The marked circles on the chart highlight these pivot points, strengthening the validity of this pattern. With the latest bounce closely resembling these previous setups, XRP could be gearing up for another significant move, possibly reaching the $5.50 to $6.50 zone if history repeats itself.
Daily Timeframe: Structure Supports Trend Reversal
On the daily chart, XRP is showing signs of a reversal after a multi-week decline. The formation of a double bottom near the $1.75 region indicates a strong base forming. This bottoming structure, coupled with the breakout above a short-term descending trendline, suggests that buying interest is returning. The price is also stabilizing above key moving averages, which often precedes a bullish continuation. If momentum builds, XRP could push through the $2.20 resistance and target higher levels.
Daily Indicators: Bullish Momentum Gaining Strength
Indicators on the daily chart support the bullish case. The MACD has flipped positive, with the MACD line crossing above the signal line and green histogram bars reappearing. This shift signals renewed upward momentum. Meanwhile, the RSI has rebounded from oversold territory and is currently climbing above the 50 level (a classic sign that bullish pressure is increasing). If XRP holds above the 20-day moving average, these indicators suggest more upside is likely.
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4-Hour Chart: Bullish Pennant Hints at Breakout
Zooming into the 4-hour timeframe, XRP has formed a bullish pennant -a continuation pattern that often leads to sharp moves. This formation appeared after the strong bounce from $1.75 and has since coiled into a tightening range. A break above the pennant’s upper trendline near $2.10 could quickly propel XRP toward the $2.60–$2.80 range. The price structure, combined with consolidating volume, indicates a potential breakout within the next 24–48 hours.
4-Hour Indicators: Positive Technical Signals
The MACD on the 4-hour chart remains bullish, with a widening separation between the MACD and signal lines. Green histogram bars are growing, suggesting building momentum. The RSI is also strong, currently above 60, showing increasing buying strength. These indicators confirm that XRP is gathering momentum and could soon make a decisive move upward, especially if the price breaks through local resistance levels.
1-Hour Chart: Bull Flag Formation Adds Confirmation
The 1-hour timeframe shows a classic bull flag formation, often seen as a brief consolidation before further gains. XRP has been testing resistance near $2.05 while forming higher lows beneath it (a sign of building pressure). Moving averages on this timeframe are sloping upward, and volume is tightening. If the price breaks above the flag resistance, we could see a quick push toward $2.20 and potentially higher in the short term.
$2.80 Short-Term, $6.50 Long-Term
Based on historical rebounds from the ascending channel’s lower trendline, XRP is well-positioned for a strong upward move. Multi-timeframe analysis confirms bullish momentum is returning, supported by key patterns like the double bottom, bull flag, and bullish pennant. Indicators across all timeframes reinforce this outlook. In the short term, XRP is likely to range between $2.00 and $2.80. However, if the current trend holds, a long-term move toward $5.50–$6.50 is entirely possible (making this a promising setup for both swing traders and long-term investors).
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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