XRP Price Breaks Free From Months of Consolidation – Here’s the Next Big Target

Ripple’s XRP is finally waking up after weeks of going sideways. Analyst Casitrades points out that the token has broken out of its long consolidation, and now the $3 mark is the big test. If bulls can turn that level into support, the door could open for a run all the way up toward $4.50.

When you look at the daily chart, you can see how the XRP price has been stuck inside a triangle pattern for months. Price kept bouncing between support and resistance, with buyers and sellers fighting for control. That range is now being tested as XRP pushes right around $3.

This zone has been tricky. We’ve seen rejections here before, but the repeated attempts suggest buyers aren’t giving up. If XRP can finally flip $3 into support, the next logical stops are $3.08 and $3.27, both lining up with important Fibonacci levels.

Image Source: X/CasiTrades Momentum Building Behind XRP

Momentum is slowly turning in favor of the bulls. The RSI is climbing in a steady slope, showing that buying pressure is creeping back into the market

On top of that, RSI’s moving average is holding strong as support, which is usually a healthy sign that this isn’t just a short-lived spike.

Casitrades notes that clearing these Fib levels and retesting them as support would lock in the bullish structure and give XRP price room to run. That’s when the bigger upside targets come into play.

XRP Price Targets to Watch

The first battle is still the $3 level. Hold it, and XRP price could stretch to $3.08 and then $3.27. If momentum stays hot, Fibonacci extensions from the recent consolidation point to $4.50 as a breakout target.

Of course, XRP will likely pause around its previous high of $3.66, but if it breaks through, $4.50 suddenly looks like a realistic goal.

Read Also: Kaspa Secures an Exchange Listing

XRP Short-Term Outlook

Right now, everything hinges on whether XRP price can hold $3 as support. A clean breakout would set the stage for continuation, while a rejection could drag it back into the old range

But with momentum picking up and the chart flashing strength, bulls finally have a real shot at making that push toward $4.50.

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The post XRP Price Breaks Free From Months of Consolidation – Here’s The Next Big Target appeared first on CaptainAltcoin.

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