Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Ripple Price Analysis: Will XRP Break Above $4 This Week?XRP Price Analysis: Technicals

Ripple Price Analysis: Will XRP Break Above $4 This Week?XRP Price Analysis: Technicals

CryptoNewsNetCryptoNewsNet2025/08/10 11:05
By:cryptopotato.com

Ripple has recently rallied to test the key $3.6 resistance zone. Should buying pressure continue and price secure a breakout above this level, the move could pave the way for an extended advance toward the $4 region.

XRP Price Analysis: Technicals

By Shayan

The Daily Chart

XRP has recently bounced from the critical $2.8 support zone, which aligns with the 0.5 Fibonacci retracement of the prior rally.

This confluence attracted notable buying interest, triggering a sharp upswing toward the $3.4–$3.6 resistance range. This zone represents a prior swing high and a likely area of concentrated supply, making it a significant hurdle for buyers to clear.

If bulls successfully reclaim the $3.6 level with strong volume, the path toward the psychological $4 threshold becomes more attainable. However, given the overhead supply, some short-term consolidation or a minor pullback from $3.6 is possible before any sustained breakout attempt.

Ripple Price Analysis: Will XRP Break Above $4 This Week?XRP Price Analysis: Technicals image 0

The 4-Hour Chart

On the 4H timeframe, Ripple’s upward structure is more pronounced. Following a period of consolidation within a bullish flag formation, the market found support at the 0.5 Fib level and broke decisively to the upside. This breakout has fueled the advance toward the $3.6 resistance.

If buyers can overcome this barrier, the resulting breakout could trigger a short-squeeze, accelerating price toward $4.

Conversely, repeated rejections at $3.6 could lead to another consolidation phase within the current range before the next directional move.

Ripple Price Analysis: Will XRP Break Above $4 This Week?XRP Price Analysis: Technicals image 1
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Ethereum Interop Roadmap: How to Unlock the “Last Mile” for Mass Adoption

From cross-chain to "interoperability," many of Ethereum's fundamental infrastructures are accelerating towards system integration for large-scale adoption.

Chaincatcher2025/11/16 04:53
Ethereum Interop Roadmap: How to Unlock the “Last Mile” for Mass Adoption

A $170 million buyback and AI features still fail to hide the decline; Pump.fun is trapped in the Meme cycle

Facing a complex market environment and internal challenges, can this Meme flagship really make a comeback?

Chaincatcher2025/11/16 04:53
A $170 million buyback and AI features still fail to hide the decline; Pump.fun is trapped in the Meme cycle