XRP News Today: XRP Confirms Breakout With 100% Gain Targeted

Ripple’s native token, XRP, has recently garnered significant market attention following a declaration by prominent crypto analyst Random Crypto Pal that the token has confirmed a breakout, with a projected price target of $5. The analyst shared this optimistic outlook on X, emphasizing that a major move is underway for XRP.

According to Random Crypto Pal, XRP has decisively broken out of a long-term descending resistance line, marking the beginning of a major uptrend. The analyst highlighted that the breakout was not only clean but also followed by a textbook retest, which strengthens the validity of the move. Other technical analysts support this view, noting that on the 4-hour and daily charts, XRP has shown consistent strength. Crypto strategist Dark Defender pointed to a golden cross in the Relative Strength Index (RSI) and a bullish Ichimoku Cloud breakout, both of which support the momentum shift. With XRP now trading well above its 50-day and 100-day moving averages, technical conditions favor the continuation of the rally.

While Random Crypto Pal has set $5 as a realistic near-term target, other analysts suggest that XRP could climb even higher. Dark Defender outlines a potential multi-leg rally, targeting $2.70 first, then $3.40, and eventually a move towards $5.85 or even $8.76 if bullish momentum persists. These projections are based on long-term Fibonacci levels and recent chart pattern breakouts. Market sentiment has notably improved, with on-chain data indicating a strong uptick in volume and on-chain activity, typically precursors to sustained rallies. Additionally, recent predictions from Bitget analysts suggest that institutional involvement, driven by developments like Ripple’s RLUSD stablecoin and pending U.S. bank charter, could accelerate XRP’s path to $5 before the end of 2025.

A confluence of technical and fundamental factors is propelling XRP’s bullish case. The recent launch of RLUSD, Ripple’s U.S.-dollar-backed stablecoin, and its approval for operations in Dubai have added institutional legitimacy. Meanwhile, speculation around Ripple’s efforts to obtain a U.S. banking license continues to stir optimism within the XRP community. Amid a broader trend of crypto ETF adoption, this is also seen as a potential driver of capital inflows. Combined with XRP’s unique utility as a bridge asset for cross-border payments and CBDCs, the fundamentals appear aligned with the technical picture.

Despite the breakout confirmation, analysts caution that XRP must maintain support above key levels, particularly the $2.40–$2.65 zone, to avoid a pullback. Should the price fail to hold this range, a drop toward the $2.00–$2.20 support band remains possible. However, a strong weekly close above $2.65 would likely open the door for rapid acceleration toward $3.50 and beyond. XRP’s confirmed breakout marks a significant turning point in its price trajectory. With strong technical signals and growing institutional interest backing the move, a push toward $5 no longer seems far-fetched. While some resistance levels remain, the outlook for XRP has turned decidedly bullish, setting the stage for what could be one of the most significant rallies in its history.