- Analysts maintain a bullish macro outlook for XRP, with targets between $19 and $30.
- XRP is consolidating within a symmetrical triangle, signaling a potential breakout toward $4Despite a recent 22% price drop, analysts believe XRP is in a distribution phase before a major rally.
- The key resistance remains at $3.66, an eight-year high that must be cleared for further upside momentum.
XRP Macro Outlook Still Bullish
XRP’s recent pullback hasn’t shaken analyst confidence in its long-term trajectory. According to pseudonymous analyst XForceGlobal, XRP’s cycle top still points toward $20 or higher, supported by historical price behavior and Elliott Wave theory.
The analyst notes two possible scenarios:
- Distribution before breakout – Recent price declines mirror past cycles, where Ripple consolidated before explosive rallies.
- Wave 3 formation – XRP may be completing its flat correction between Waves 1 and 2, setting the stage for a massive Wave 3 to the upside.
Also Read: XRP Rally Ahead? Analyst Predicts 220% Surge to $9.5 and Beyond
“There are just no signals supporting a larger sell-off to the downside,” XForceGlobal emphasized, adding that XRP is preparing for “one of the strongest moves to the upside.”
Ripple Symmetrical Triangle Points to $4
Technical analysis further supports this bullish view. On the daily chart, XRP is consolidating within a symmetrical triangle, a pattern often associated with strong continuation moves.
- A daily close above $3 would confirm a bullish breakout.
- The next key hurdle lies at $3.66, XRP’s highest level since 2017.
- The triangle’s measured target projects a move to $4, representing a 34% upside from current prices.
Veteran trader Matthew Dixon added that this setup fits within a larger Elliott Wave structure, where Ripple is preparing for a Wave 5 breakout toward $4 and beyond.
What’s Next for XRP?
While short-term resistance could stall Ripple near $3.66, analysts remain confident that the altcoin’s macro cycle target of $20–$30 is still intact. With multiple technical setups aligning, XRP may be gearing up for its biggest rally in years.
For investors, the $2.50–$3 support zone could prove to be a key accumulation area before Ripple makes its next upward leg.
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