XRP News Today: XRP Poised for 72% Gain as Analysts Predict $4 Breakout

XRP, the cryptocurrency, is showing signs of a potential major price movement after a six-month consolidation phase. Technical analysts are optimistic that this period of sideways trading could lead to a significant breakout, with price projections reaching as high as $4. This optimism is based on several key indicators and recent market behavior.

The consolidation trend for XRP began in early December 2024, following a dramatic rally that saw the cryptocurrency climb by 480%, reaching a peak of $2.90. This surge was influenced by political developments in the United States, specifically the election victory of President Donald Trump in November 2024. Prior to this rally, XRP had been trading near $0.50. Since reaching its local high, XRP has struggled to maintain upward momentum, entering a phase of sideways trading that has persisted for half a year. During this period, XRP’s price has fluctuated within a relatively narrow band, primarily between $2.00 and $3.00.

Technical analyst Poseidon has identified several key indicators suggesting potential upward movement for XRP. These include a failed breakdown attempt, XRP reclaiming the 200-period Exponential Moving Average (EMA) on the 12-hour chart, and a newly established higher high of $2.36, observed on May 26, 2025. Poseidon also noted a descending trendline that has suppressed upward movement since the local high of $2.60 on May 12. Breaking above this trendline, specifically surpassing the $2.40 resistance, would confirm a bullish breakout. Based on current technical conditions, Poseidon anticipates that XRP could reach $4 in the near term. This projection represents a 72% increase from the current trading price of approximately $2.33. If realized, this would mark a new all-time high for the asset.

Another market analyst, Dom, has been monitoring the XRP/USOIL pair and suggests that XRP is demonstrating underlying strength despite recent market fluctuations. Dom identifies $2.47 as the critical resistance level on the USD chart. Like Poseidon, he believes that breaking above this level would validate the beginning of a sustained upward trend, while any movements below it do not indicate a change in the broader trend. Following months of limited volatility within a defined trading range, XRP appears to be gaining momentum. With several technical indicators aligning and analysts watching closely, expectations are growing for a breakout that could lead to a significant price increase. If the predicted move materializes, XRP could reach the $4 mark, setting a new record in its trading history.