XRP Breakout to $3.60 on the Horizon, How Soon?

Crypto analyst Ali Martinez predicts a potential breakout for XRP, citing its completion of a key bullish retest and reclaiming the $3.27 resistance level. With the current bullish momentum, XRP is expected to reach $3.60, but analysts warn of potential price drawbacks that may cause a brief delay. Investors remain confident in the sustainability of the XRP price rally amid surging buy activity.

Crypto analyst Ali Martinez predicts a potential breakout for XRP, citing its completion of a key bullish retest and reclaiming the $3.27 resistance level. With the current bullish momentum, XRP is expected to reach $3.60, but analysts warn of potential price drawbacks that may cause a brief delay. Investors remain confident in the sustainability of the XRP price rally amid surging buy activity.

Recent data indicates that XRP has notably underperformed Bitcoin and Ethereum over the past week, but market observers remain optimistic about its future prospects. According to Martinez, XRP has completed its bullish retest, with $3.60 now the key target [1]. CrediBULL Crypto highlighted that a minor dip pushed XRP back toward its original entry zone, calling it an "ideal" area for new buyers. As long as the green support holds, range highs or even a new all-time high remain possible [1]. Dark Defender sees XRP poised for a breakout above the critical $3.33 level, potentially paving the way toward $4.44 and $5.85. RSI indicators suggest bullish momentum is building [1].

Statistics from Glassnode data show major altcoins performing strongly over the past seven days: Ethereum and Dogecoin up 25.5%, XRP up 16.2%, and Solana up 13.6%, reflecting growing speculative interest in higher-beta assets [1]. Coinshares data indicates that XRP saw $18.4 million in weekly inflows, taking its year-to-date flows to $1.112 billion, higher than Solana and other altcoins [1]. Coinglass data shows XRP open interest spiked 9.3% in a single day, while derivatives trading volume expanded 19.7% [1]. These inflows and increased trading activity suggest a growing interest in XRP.

Community news highlights the potential impact of regulatory developments. Malaysia's central bank white paper specifically highlights XRP as a "game-changer" capable of operating outside traditional banking rails, potentially replacing CIC or bank deposits [1]. Additionally, Crypto.com and VivoPower announced a partnership for custodial support in expanding VivoPower's digital asset treasury strategy, which they say will bolster XRP-focused initiatives and Caret's digital asset mining operations [1].

While the resolution of the SEC case against Ripple and its executives has removed a significant source of uncertainty for the asset, the sustainability of recent price gains may depend on attracting new market participants and reducing short-term selling pressure [2]. On-chain data suggests that the upward movement was likely supported by capital rotation from existing holders rather than new user adoption [2]. The absence of a fresh wave of participants could limit the rally’s long-term momentum unless broader retail engagement picks up.

Despite the potential for a breakout, the market remains cautious. The 3-day chart analysis by Egrag Crypto identifies key price levels that could define XRP’s next major move. A 3-day close above $3.30 would confirm a bullish shift in momentum, while a close above $3.45 would mark a “super bullish” breakout [4]. Conversely, a close below $3.13 would signal a bearish turn, and slipping under $3.03 would indicate a “super bearish” breakdown [4]. Currently, XRP is trading between $3.20, hovering within the critical range Egrag highlighted [4].

Investors should remain vigilant and use risk management strategies, such as disciplined stop-loss placement around $3.13 and $3.03, to mitigate exposure in case the market turns against a position [4]. Until a confirmed 3-day close above $3.30 — and ideally $3.45 — is achieved, XRP remains in a range with clear breakout potential, but also with equally clear downside risks if key supports fail [4].

References:
[1] https://finance.yahoo.com/news/xrp-8-1-week-underperforms-162835294.html
[2] https://www.tradingview.com/news/newsbtc:a61b3b6a1094b:0-xrp-s-price-jump-masks-a-quiet-decline-in-active-users-data-shows/
[4] https://timestabloid.com/xrp-price-prediction-on-3-day-timeframe/